Managing Scams Targeting Financial Advice Clients

It’s probably fair to say that Australian consumers are at high risk of scams right now.

With the recent data breaches of half a dozen or so major companies, there is now more private and confidential information “out there”, making every day Aussies susceptible to scams and fraudulent activity.

As a Financial Advisers, we need to make sure clients are informed and protected now more than ever.

In this video, Suanne Russell, Lead Ombudsman, Australian Financial Complaints Authority (AFCA), joins Fraser to discuss are the types of scams targeting financial advice clients, and what we can do to help prevent them.