How to protect your super from scams and fraud
Super scams are real. You've worked hard for every dollar in your super. Here's how to protect it.
Verve Super is committed to protecting our members from all forms of financial crime, including scams and fraud.
According to the Australian Competition and Consumer Commission (ACCC’s) Scamwatch, a scam is:
‘When someone deceives you into providing personal or financial information so they can steal from you’
This is different from fraud, which is where a person ‘dishonestly obtains a benefit or causes loss’, and you may or may not be aware the conduct is occurring.
Examples of scams and fraud in super
ASIC’s MoneySmart website includes a list of superannuation-related scams that can occur, such as:
Phishing scams for your personal details;
Encouraging you to open a self-managed super fund; or
Offering to get you access to your super early.
If you believe yourself or someone you know has been subject to a scam, you can:
Report it to us at info@vervesuper.com.au or 1300 799 482
Report it to ScamWatch;
Report it to the Australian Financial Complaints Authority (AFCA).”
For more information on how we protect your account, read "How we keep your super safe"