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Get a superannuation lawyer . Research CSLR to see if you are eligible 

So where does that leave us little people  ...we worked hard to get our retirement fund in place & just like that poof its gone ...we are 57 & 56 what chance have we got to retire now  ....Heads need to roll for this its not fair  ....Financial adviser & Super company  need to be held partly accountable  also 

I’m the same as you I had $441 thousand in FGMF and was looking at retirement next year at 65 how I’m going to working into my eighties just to make up the loss 

As one of the now 12000 people actually affected by this scandal, all I can add is that this will not be the only example at play in the wholly corrupt Financial Services industry. Time to really get your act together and root out the criminals - or run the risk of capital flight from your stock in trade. 
ASIC, APRA and the new Federal Goverment are all on notice here. Less said about the liquidators the better: chancers.

All advisers?!

Why isn’t the AFCA determination and any associated costs included in the liquidation of those firms rather than having it go to CSLR for other advisers to cover?!

Could not agree more.  Heavily conflicted, extremely generalised method that should have been eliminated post Hayne

Settle down you angry little person.  She is advocating a view - don’t be so defensive

I am currently in dispute with first guardian Master fund as all my superannuation is currently held by  them, as a construction worker for the last 25 years I thought that when I was ready to retire last year I would at least have something for my future but no,the greed of Mr Anderson and his cohorts has left thousands of people including me to ponder our future, totally unfair, so why isn't the mighty so called Australian government stepping in and giving everyone their entitlements, after all they made every hard working Australian start getting into superannuation, so instead of our so called government sending billions overseas how about you look after your own people 

Yes yes yes 

If we could get enough to do this maybe just maybe they would listen however the fear factor comes in and some businesses would be in financial trouble if their business was suspended!

I have been saying this for ages this is a design to push law abiding FPs out of business.

Another incompetent piece of Coalition legislation by the ever incompetent Senator Jane Hume.

Trouble with that will be higher costs for sure another money grab for govt 

Financial losses incurred by the public for criminal or fraudulent behaviour should not be paid for by small ethical businesses - the Australian government are trying to look ethical here but they have an agenda - if we let them keep going they will become as corrupt as the Philippines government.  They should not be allowed to get away with this.

All of this points towards criminal behaviour and subsequent product failure. Why this gets pinned on Advisers, who have to pay for this via the CSLR, is a farce. 

This confirms that AFCA/CSLR are broken. If you read the decision and file for the Libertas matter, you will find that an exhaustive IDR and Case Management at AFCA rejected the complaint and found that the complainant had misremembered (lied) about the issues it was only after Libertas had been put into liquidation that another adviser referred the complaint to an Ombudsman and surprise surprise despite conceding the complainant had misremembered found partially for the complainant. The Ombudsman and AFCA benefitted from being able to refer this matter to the CSLR as an early matter and the FAAA’s Anderson also found it convenient to play up potential for more complaints to deflect from their failing to act on behalf of advisers when the CSLR legislation should have been reviewed and argued against. Running matters through the media seems to be the first resort of ASIC and AFCA and the CSLR.

Structural independence should be a mandatory requirement both for retail and wholesale managed investment schemes. 

All too often these issues arise when the fund manager is the same entity or group of companies as the trustee/RE, particularly for pooled/co-mingled schemes.

Why is no one reporting on the 43% shareholding in Australian Food and Farming?
This entity owns tens of millions of dollars of farmland used for growing crops in Western Australia. It could be liquidated quickly.
Its interesting with an ASIC search to see the other directors and shareholders of this company are a Norton Rose lawyer and a manager of NC Group.

I would say there's a lot more of this to come out in the wash!

I too am caught up in all this mess. If there is going to be a class action,  I would definitely like to be involved. How does one get advised of this?