SMSF Scam Update

October 5, 2022
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We’re aware of an ongoing scam targeting Australians to establish self-managed super funds (SMSFs).

Class can confirm it has received several complaints about external businesses using the client view app.

We’ve investigated each complaint and notified the Australian Securities & Investments Commission (ASIC).

We’re are also aware that the ABC 7.30 Report published a story on SMSF scams with reference to Class.

If you’re concerned that you may have been affected by a scam, please contact us on 1300 851 057 (Press 1) or email, from Monday to Friday 8.30am to 5.30pm AEST.

For general information on how to protect yourself from scams targeting Australians to establish self-managed superannuation funds (SMSFs) please visit ASIC regulatory resources here.

More general information on scams can also be found on the ACCC’s website Scamwatch.

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