‘Hardly seems worth the powder and the shot’: Judge asks why ASIC still pursuing CBA MySuper case

ASIC 2021-03-24 3:00 pm By Cindy Cameronne | Sydney

Please login to bookmark

A judge has questioned why ASIC is still pursuing its case CBA unit Colonial First State over statements made to 12,000 fund managers during the transition to MySuper accounts, after the bank admitted it misled members in 61 of the 80 phone calls at the heart of the case.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au