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Financial Planning

InterPrac hit with $22m in AFCA complaints

Sequoia Financial Group's InterPrac Financial Planning is facing $22 million worth of complaints lodged with the Australian Financial Complaints Authority (AFCA) for its advisers' role in the collapse of the Shield Master Fund and First Guardian Master Fund.

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Read more: SEQAFCAFirst Guardian Master FundShield Master FundASICAustralian Financial Complaints AuthorityInterPrac Financial PlanningSequoia Financial GroupAFSL Governance CommitteeASXDanielle PressFederal CourtFerras MerhiIncome Asset ManagementInfrastructure Specialist Asset ManagementInsignia FinancialOsama SaadReilly FinancialRhys ReillySequioaUnited Financial AdviceVenture Egg Financial Services