Many Australians lost their retirement savings due to the collapse of Shield and First Guardian, resulting in a staggering loss of up to $1.2 billion. This failure has left many facing financial hardship in retirement, despite having taken the right steps to secure their future.

We can unite to demand accountability from the companies and institutions that failed us. By raising funds, we can form a collective representation, engage legal support, and pursue litigation against those responsible for our losses.

Our aim is to raise $40,000 initially to establish a corporate structure that represents victims. Ultimately, we may need up to $5 million to pursue all responsible parties, ensuring that we seek justice and accountability for our lost savings.

Below you will find a link to the step-by-step process for filing an AFCA Complaint. Providing your Licensee has not gone into Liquidation, you can still complain about the financial advice you were given. Please download the PDF and follow the steps – A video will be coming soon.

The funds will be used to create a corporate structure, hire competent advisors, lobby for support, and engage litigation funders. This will enable us to commence legal action on behalf of all affected members, ensuring our voices are heard.

Individuals can contribute to our fundraising efforts (we are not asking victims to contribute), spread awareness, and join our collective action. Every bit of support helps us in our fight for justice and accountability.