Big super funds and SMSFs could pay compensation for victims of financial misconduct
Melinda Kee thought her financial ordeal was almost over. But more than 12 months after she lodged a…
Investors consider class action against super trustees after First Guardian and Shield collapses
Natasha Langby feels she has nothing left to lose. The 55-year-old says she pumped tens of thousands of…
VIDEO: Too many Australians' retirement savings are being wiped out, says ASIC – Australian Broadcasting Corporation
VIDEO: Too many Australians’ retirement savings are being wiped out, says ASIC Australian Broadcasting Corporation The lucrative business of…
Superannuation switching trend sees billions flow out of retail funds, at a risk
For many Australians, superannuation doesn’t occupy their routine thoughts until they hit their 40s. By that time, people…
ASIC says too many Australians’ retirement savings being wiped out
The Australian Securities and Investments Commission (ASIC) has called out platforms that manage Australians’ retirement savings for a…
Troubled InterPrac sold for $50k
Sequoia has found a buyer to offload its troubled InterPrac licensee to, collecting just $50,000 in the sale, with its…
Shield and First Guardian raise the question, who pays when super funds collapse?
Thousands of First Guardian investors were dealt another devastating blow in December when it was revealed just $1.6…
More players involved in Shield, First Guardian collapses face ASIC legal action
Australia’s corporate watchdog is suing Interprac — the licensee that oversaw financial planners — over alleged failures that…
8 Years Later, Marvel Comics Resurrects SHIELD… as Captain America’s Next Big Enemies
Nearly a decade after the iconic organization’s dissolution, S.H.I.E.L.D. is back in action, and they’re about to face…
US firm’s space armor provides hypersonic shielding for spacecraft
As the amount of orbital debris continues to rise, a US materials manufacturer has unveiled a new shielding…
As Australia’s retirement savings grow into world’s second biggest, government to review consumer protections
Australia’s $4.3 trillion superannuation sector is on track to become the world’s second-largest retirement savings pool by 2031.…
Senator calls for ‘heads on spikes’ to deter superannuation mismanagement
Lisa Rogers, 63, transferred half of her retirement fund across to First Guardian Master Fund and Shield Master…