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Showing 121 - 130 of 1485 results for "Master"

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... consultation on unsolicited selling and lead generation, SCA drew attention to the collapsed First Guardian and Shield Master Fund. Where superannuation products are involved, SCA said lead generators generally exploit vulnerable people, undermine informed ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... Insignia Financial has undergone an extensive cost optimisation program in recent years, which included transitioning its master trust technology and operations to SS&C and divesting much of its financial advice operations. The wealth manager attributed ...

UniSuper's Chun honoured by FEAL

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
UniSuper chief executive Peter Chun was named the 2025 Fund Executive Association Limited's (FEAL) Fund Executive of the Year at the FEAL National Conference overnight. Chun was recognised for his leadership in promoting UniSuper beyond the university ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... 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. Sequoia said in a trading update that this "represents InterPrac's potential exposure ...

SQM sheds light on Shield Master Fund, First Guardian ratings

MATTHEW WAI  |  WEDNESDAY, 6 AUG 2025
SQM Research is facing scrutiny over its questionable ratings of the defunct Shield Master Fund and First Guardian schemes. SQM Research managing director Louis Christopher has released a statement overnight explaining the assigned ratings. Christopher ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... financial advisers and shedding responsibility for overlooking dodgy investment options as the fallout from the Shield Master Fund and First Guardian Master Fund mounts to $1 billion in losses. In his address at the Financial Services Council's (FSC) ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... information. However, the group said it was aware of an article published in The Australian on July 25, alleging Shield Master Fund investors unknowingly played a role in ensuring Sequoia's $40.5 million sale of Morrison Securities. It was reported that ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco D'Amelio and Robert Crossing ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Slater and Gordon Lawyers are investigating a potential class action on behalf of investors in First Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... financial advice complaints jumped 18% in the 2025 financial year, thanks to the failures of United Global Capital, Shield Master Fund, First Guardian Master Fund and Brite Advisors. This is according to the Australian Financial Complaints Authority ...