Tag: retirement planner
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Macquarie Agrees to Compensate Investors in Shield Master Fund
Macquarie has reached a significant agreement with the corporate regulator to compensate investors in the failed Shield Master Fund. This deal will see millions of dollars returned to around 3000 members of the Macquarie Superannuation Plan who invested in Shield. The remediation process will ensure that members receive 100% of their investments by a specified…
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Trump’s Trade Policies Cause $100 Billion Loss in Australian Superannuation Accounts
Recent developments in the global financial landscape, particularly triggered by the trade policies of the Trump administration, have sent shockwaves through Australian superannuation accounts. The aftermath of President Donald Trump’s trade war has reverberated across the Australian Securities Exchange (ASX), resulting in substantial losses amounting to at least $100 billion. This significant downturn in the…