For the everyday person, superannuation might be a far away thought, but it’s what underpins our quality of life in retirement.
For scammers, it’s a 3 trillion dollar pot of money ripe for exploitation.
We’ve come across a situation where an investor has been exploited. They were looking to improve their superannuation, but their lack of knowledge meant they were taken advantage of. Promised a higher return, but were really put in a higher risk option while their account was pilfered by high fees.
Tristan has been cleaning up the mess for the investor. It’s a timely warning if you are cold called by someone offering a better return. Or if you’ve gone online specifically looking for advice on ‘improving your superannuation’.
