GIM Trading used virtual office space to create veneer of legitimacy as it allegedly defrauded millions
In the heart of Melbourne’s business district, office blocks rise into the gloomy sky. The buildings are full…
Macquarie to repay Shield investors after super platform failures
Macquarie Investment Management has committed to repaying thousands of Australians who invested hundreds of millions of their retirement…
Judge finds Queensland businessman Dave Hodgson had ‘magic pudding’ approach to valuing company
A Queensland businessman who had a “magic pudding” approach to valuing the worth of one of his companies…
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…
140 targeted by ASIC on Shield, First Guardian
Home > Financial Planning > 140 targeted by ASIC on Shield, First Guardian The Australian Securities and Investments…
GIM Trading director Darren Geddes blocked from leaving Australia in court order
The corporate watchdog has taken action against an Australian company accused of defrauding investors of their life-savings. This…
ANZ cops record fine for misconduct
Grubby and unconscionable isn’t a slogan a bank will ever use, but it’s the verdict on ANZ’s conduct…
ANZ faces record $240m penalty for ripping off customers and government
ANZ bank faces a record $240 million penalty for engaging in “unconscionable conduct” in some of its bond…
Clive Palmer’s human rights complaint referred to Supreme Court amid ongoing legal battles
Billionaire businessman Clive Palmer’s human rights complaint has been referred to the Supreme Court amid ongoing legal battles.…
How superannuation death benefit nominations work and what to watch out for
At least 6.5 million Australians will not have a say in who inherits their superannuation, according to new…
Corporate watchdog ASIC sues Equity Trustees Superannuation over role in $160m Shield Master Fund
Australia’s corporate watchdog is suing Equity Trustees Superannuation — which has $88 billion in funds under management and…
Millions of Australians will have no say in who inherits their superannuation
When Kelly’s ex-husband, Tony, died at the end of 2022, she thought their son, Zac, would get the…