INVSC022 Your super: A scammer’s new target (594 words)

In a recent media release, the Australian Securities and Investments Commission (ASIC) warned about a new scam doing the rounds.

Scammers attempt, through cold calls to superannuation savers, to extract personal and super fund details by offering incentives in the form of gift cards, competitions or mobile phones.

Some induce victims to create an account on their ‘comparison website’ to legitimise themselves and their advice.

Rosie’s story:

When you get those phone calls in the evening, you know, around dinner time, you’re immediately suspicious. But Steve rang mid-morning saying he represented a well-known investment firm.

He said that his area of expertise was superannuation, and that it would only take a moment for him to explain what he could do for me. He then guided me through the steps for creating an account on his website.

Naturally, I was cautious, but Steve reassured me it was just a comparison site, and I wasn’t signing up to anything.

He showed me how to compare my super fund’s returns with others, and the website seemed so legit that I felt a bit silly for initially having doubts. I listened to what he had to say, and it all made sense... Read more

To read this article in full and share across your social media channels >> Log in here

No login details? Preview the Financial Library here

What is the Financial Library?

• Everything you need for your client communication in one place. Just copy and paste.
• New ASIC compliant content is added every week. You will never be short of content again!
• A powerful search engine makes the right financial content easy to find.
• You know your clients best so YOU get to choose the content to share with them in your newsletters, website and social media.
• The smart and compliant solution for all of your content marketing and client education needs.

Visit the Financial Library for full pricing and subscription details >> financialwriters.com.au

#financialwriters #financialarticles #financialcontent #contentmarketing #financialadvice #financialadviser #mortgagebroker #accountant #financialwritersaustralia