Tag: investment fairness standards
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Government Considers Tighter Regulations After Shield Master Fund Collapse
The federal government is considering tighter regulations on superannuation investment funds following the collapse of the Shield Master Fund. Macquarie Group has agreed to reimburse $321 million to 3000 members of Shield after being sued by the Australian Securities and Investments Commission for not acting fairly. A PRACTICAL GUIDE TO AUSTRALIAN SUPERANNUATION: A Plain-English Guide…