Financial Rescue News
We aim to inform every day Australians of financial industry issues that are occurring around the country. We hope that by providing information, people can either avoid these scams, or can be compensated for their losses. If you have experienced financial losses due to bad financial advice, or any of the situations that are in our news articles below, we are here to help.
Hundreds of SMSFs May Have Funds Stuck in Investment
The Australian Financial Complaints Authority (AFCA) has ruled that two individuals who set up self-managed superannuation funds (SMSFs) based on poor advice are entitled to nearly $400,000 in compensation.
