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…
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.…
First Guardian, Shield superannuation disasters expose deep flaws in Australia’s $4.3 trillion retirement system
Utterly broken after investing almost $370,000 of her retirement savings into the now-collapsed First Guardian Master Fund and…
Thousands of investors caught up in First Guardian, Shield collapses told super trustees may pay ‘remediation’
Thousands of investors who were exposed to heavy losses by investing their retirement savings in the First Guardian…