Comments on: SMSF fraud: a case of mistaken identity http://www.superguide.com.au/diy-superannuation/smsf-fraud-a-case-of-mistaken-identity Wed, 08 Sep 2010 03:50:52 +0000 hourly 1 http://wordpress.org/?v=abc By: AlanM http://www.superguide.com.au/diy-superannuation/smsf-fraud-a-case-of-mistaken-identity/comment-page-1#comment-860 AlanM Mon, 30 Nov 2009 00:25:00 +0000 http://www.superguide.com.au/?p=1487#comment-860 This is very similar to the financial services industry moving the spotlight to accountants after all those financial investment disasters floated to the surface. It makes you wonder about the credibility of trustees running these large super funds, scammers expose the venerability of their IT systems so they poke fingers towards the SMSF sector - many of who are mums & dads. The Government's primary focus with superannuation is the retail sector, to transfer wealth (super & savings) from the pockets of Australians into the Big Five (4 major banks and a large life insurer) so they will welcome any opportunity to make life harder for the black sheep of superannuation - SMSF trustees. Don't forget to put a lock on your postbox especially during the reporting season. Cheers This is very similar to the financial services industry moving the spotlight to accountants after all those financial investment disasters floated to the surface.

It makes you wonder about the credibility of trustees running these large super funds, scammers expose the venerability of their IT systems so they poke fingers towards the SMSF sector – many of who are mums & dads.

The Government’s primary focus with superannuation is the retail sector, to transfer wealth (super & savings) from the pockets of Australians into the Big Five (4 major banks and a large life insurer) so they will welcome any opportunity to make life harder for the black sheep of superannuation – SMSF trustees.

Don’t forget to put a lock on your postbox especially during the reporting season.

Cheers

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