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Thousands of Australians may never recover retirement savings lost in First Guardian fund collapse

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Summary

More than 12,000 investors were affected when the funds collapsed in May 2024, with the schemes owing about $1.2billion.

Description from Daily Mail.

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  1. Daily Mail Center Factuality: Mostly factual GB
    Thousands of Australians may never recover retirement savings lost in First Guardian fund collapse

    More than 12,000 investors were affected when the funds collapsed in May 2024, with the schemes owing about $1.2billion.