Netwealth strikes ASIC deal to compensate First Guardian investors
Financial services company Netwealth has agreed to pay more than $100 million to more than 1,000 clients who…
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…
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…