Thu, 2nd Oct 2025

In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses key news in the Australian financial sector, focusing on Macquarie Group's recent actions following the collapse of the Shield Master Fund. Macquarie Group has offered a monumental $321 million compensation package to 5,800 investors impacted by the fund's collapse. The Australian Securities and Investments Commission (ASIC) has accepted this compensation, nullifying further legal actions against Macquarie. However, ASIC is separately pursuing adviser Ferras Mehri for directing $230 million investments into the failed fund. Meanwhile, Macquarie is solidifying its position in the home loan market to reclaim customer trust. The podcast ends with a reminder that Financial Services Online prioritizes your superannuation, and viewers are encouraged to visit their website for further information.n