Why the Guardian-Shield Super Collapse Matters — And What It Means for Investors
What Went Wrong Recent regulatory developments have exposed one of the biggest superannuation disasters to hit Australia in recent years. The First Guardian and Shield Master Funds — along with the associated managed-investment schemes of Australian Fiduciaries — collapsed, wiping out more than $1 billion of retirement savings and affecting around 12,000 Australians. The failure […]