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Regulatory

AFCA temporarily reinstates UGC to address complaints

The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund.

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Read more: UGCAFCAShieldMacquarieFirst Guardian Master FundAustralian Financial Complaints AuthorityUnited Global CapitalDaniel MulinoAFSCompensation Scheme of Last ResortJoel Hewish