Superannuation investment scam alert

November 2021 phone and email scams – superannuation

The ATO is concerned about an increase in scams involving fake superannuation investments.

Scammers are phoning and emailing people, pretending to be financial advisers or super experts. They are encouraging people to invest their super in a supposedly high performing self-managed super fund (SMSF).

These scammers will […]

Scam alert: Self-managed super fund rollover

ASIC aware of scams targeting Australians to establish SMSFs

People are cold-called or emailed and asked to transfer funds from an existing super account to a new SMSF.

The super balances are instead transferred to bank accounts controlled by scammers!

Be wary of being cold-called or contacted from people promoting SMSFs, particularly with promises of […]

Choosing a business structure

Setting up a business structure

If you are starting a business you will need to work out which type of business structure to use. 

We explain the benefits and disadvantages of different types of business structures. Sole trader

A sole trader is the simplest business structure and it is inexpensive to set up because there […]