{"id":101544,"date":"2025-08-29T19:46:20","date_gmt":"2025-08-29T19:46:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/101544\/"},"modified":"2025-08-29T19:46:20","modified_gmt":"2025-08-29T19:46:20","slug":"demand-for-urgent-inquiry-into-1-2b-super-scandal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/101544\/","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":101545,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-101544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/101544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=101544"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/101544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/101545"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=101544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=101544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=101544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}