Super Members Owed $446 Million After Major Fund Collapse: Liquidator

The liquidator in charge of a collapsed superannuation fund that may owe investors up to $446 million says it’s too early to determine what returns, if any, investors might receive.

The First Guardian Master Fund superannuation company collapsed earlier in the year, while holding hundreds of millions of dollars belonging to 6000 investors, most of whom had gone via superannuation platforms.