La Trobe Financial Freezes $11.5 Billion in Investor Funds After ASIC Concerns

Tens of thousands of Australians have been left anxious after La Trobe Financial froze access to more than $11.5 billion in investor funds, following action from the corporate regulator ASIC. The move has raised questions about the safety of investment products marketed as “low-risk” but tied to higher-risk property loans. Why Did ASIC Step In? … Continue reading La Trobe Financial Freezes $11.5 Billion in Investor Funds After ASIC Concerns