Protect Your Super from High-Pressure Sales Tactics (August 25)
Relevant For:
Superannuation members considering fund changes or approached by unsolicited super offers
Key Points:
- Cold calls or unsolicited ads about your super can be high-pressure sales tactics.
- Promises of high returns or claims of underperformance may be misleading.
- “Free” super checks or lost super services are often hooks; the ATO offers these for free.
- Only deal with licensed advisers and take your time with decisions.
- Hang up on unknown callers and never share personal details unless you initiated contact.
- Report suspicious activity to your fund or ASIC and verify claims directly with your provider.
Full Article:
Each new financial year is a popular time to review super fund performance.
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