In this episode Glen James chats with Kristian Fok, CEO of CBUS Super, one of Australia's largest industry super funds about the rise of super scams, how to spot one and what you can do to protect yourself. They also touch on One Nation's super plan and what they would change about the current super system if they had a magic wand! In the episode:
ππΌ how super scams actually work
ππ½ how are industry super funds different from schemes like Shield and First Guardian which collapsed?
ππΎhow to protect yourself from scams
ππΏ understanding fees and cheapest doesn't equal better
ππ» Kristian's thoughts on the performance test proposed reforms
π should Australian's be able to take home 3% of their super?
ππΌ lifestage funds, longevity risk & the role of the age pension
ππ½ what would Kristian and Glen change about the current super system
ππΏ the new class of adviser
Mentioned in the episode:
ASIC's list of known entities involved in lead generation: https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-125mr-asic-expands-list-of-known-entities-involved-in-lead-generation
This bonus episode is brought to you by Industry Super Funds. Stop. Check. Keep your super in safe hands. Visit superinsafehands.com to find out more.
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