{"id":106753,"date":"2025-08-30T01:53:12","date_gmt":"2025-08-30T01:53:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/106753\/"},"modified":"2025-08-30T01:53:12","modified_gmt":"2025-08-30T01:53:12","slug":"demand-for-urgent-inquiry-into-1-2b-super-scandal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/106753\/","title":{"rendered":"Demand for urgent inquiry into $1.2b super scandal"},"content":{"rendered":"<p>Financial advisers and the opposition are demanding the government expedite probes into the collapse of investment schemes collectively worth $1.2 billion that has left superannuation savers suffering heavy losses.<\/p>\n<p>The Australian Securities and Investments Commission is investigating the failed <a href=\"https:\/\/www.afr.com\/companies\/financial-services\/mlc-owner-insignia-accepts-3-2b-bid-reports-bumper-full-year-profit-20250818-p5mnql\" rel=\"nofollow noopener\" target=\"_blank\">Shield Master Fund<\/a>, First Guardian Master Fund and <a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p5mk7a\" rel=\"nofollow noopener\" target=\"_blank\">Australian Fiduciaries<\/a>. About 11,000 investors are exposed.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Financial advisers and the opposition are demanding the government expedite probes into the collapse of investment schemes collectively&hellip;\n","protected":false},"author":2,"featured_media":106754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":["post-106753","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/106753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=106753"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/106753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/106754"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=106753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=106753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=106753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}