How to avoid a finance company collapse

Another week, another collapse. But investors can limit their potential risk.

This week was overshadowed by yet another finance company going into administration, the Queensland property financier Wickham Securities.

Investors – reported to be almost entirely superannuation funds, with the vast majority of them self-managed funds – stand to lose up to $27 million invested through unsecured deposit notes called debentures.

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Caleb Samson

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