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<li><span>ASIC has noticed an increase in marketing recommending Australians switch from retail and industry superannuation funds to self-managed superannuation funds (SMSFs) so they can invest in a ‘high return’ portfolio</span></li>
<li><span>SMSF trustees are being targeted to invest in crypto-assets (or cryptocurrencies)</span></li>
<li><span>Superannuation is an attractive target for scammers</span></li>
<li><span>Crypto-assets are a high risk and speculative investment</span></li>
<li><span>ASIC is reminding superannuation fund members it is best practice to seek advice from a licensed financial adviser before agreeing to transfer superannuation out of a regulated fund into an SMSF</span></li>
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ASIC has moved to shut down unlicensed financial services business A One Multi Services Pty Ltd (A One Multi), which is suspected to be engaging in ....
The Australian Securities and Investments Commission has obtained Federal Court orders against unlicensed investment scheme, A One Multi Services. ....