Protecting yourself from super scams

Protecting yourself from super scams


Superannuation is an attractive target for scammers as a significant volume of funds are placed into super funds by Australians.

There are some straightforward steps you can take to protect yourself from super scams.

Know the rules

  • Becoming familiar with the rules surrounding superannuation will alert you against scams which make false claims e.g. offering early access to your super
  • Keep up to date with the relevant authorities and so that you don’t put in your personal information into the wrong websites – always check that relevant institutions have verified their authenticity!

Check your balance and contact details

  • Check what your super balance is on a regular basis – if you notice something that doesn’t quite look right then immediately get into contact with your super fund and ask them about what could have happened.
  • Every once in a while, check that your super fund has the right postal address, email address and mobile number – this will help them get in touch with you if they spot any suspicious activity.

Stop identity theft

  • Taking the steps to stop identity theft will also help protect your super
  • This does not have to be all too complicated e.g. shred important documents, change passwords every few months, etc.
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If you believe the matters discussed above are relevant to your business, please contact Darren Smith of our office to discuss further.


Darren is a Chartered Accountant with extensive experience, including working in the big 4 and medium sized firms before becoming a partner of a city based firm in 2000.

He has gained much experience and has extensive knowledge in providing business and taxation advice, superannuation planning, negotiation of sales and acquisitions of businesses and property development. His client base covers a wide range of industry groups.

Darren works with business owners to grow their businesses and create personal wealth within and outside of their business.


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