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Financial Planning

Conaghan holds ASIC accountable for Shield, First Guardian mess

The shadow minister for financial services Pat Conaghan has thrust ASIC front and centre of the First Guardian and Shield Master Fund collapses, saying it should take accountability for its delayed action and it is high time for its reformation.

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Read more: ASICFirst GuardianPat ConaghanShield Master FundDavid AndersonFinancial Advice Association AustraliaHayne Royal Commission