Savings lost after customers told to self-manage superannuation funds | ABC News

'Destructive and bizarre' - that's how one court has described a form of superannuation fraud on the rise in Australia. It's left investors with no savings for retirement after they were advised to roll their superannuation into a self-managed fun. The corporate regulator is now voicing concerns that this sort of crime is a growing threat that could leave Australians out of pocket with no compensation.
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