Tony Boyd

Andrew Hobbs, a wealth reporter who investigates superannuation scandals, joins financial columnist Tony Boyd to delve into a $1.2 billion investment crisis. They discuss how online recruitment funneled retirees into risky funds, exploring the rapid growth and subsequent collapse of the Shieldmaster fund. Highlighting emotional investor stories and the failures of gatekeepers and trustees, they assess the regulatory landscape and recommend urgent reforms to protect future investors from similar pitfalls.