Thousands of ordinary Australians have lost millions of dollars to scams, swindlers and shonky investment schemes, according to Australian Securities and Investments Commission. In an attempt to counter rogues and rip-offs merchants in the financial and property industry, ASIC is beginning nationwide seminars to teach people how to look after their money, know their rights and avoid scams and pitfalls. The seminars are free and will be held in various locations around South Australia over the next month. ”Every week, ASIC hears stories of people dealing with the heartbreak of losing their hard-earned money and retirement funds to a failed investment scheme, or dodgy scam,” an ASIC spokesperson told propertyreview.com.au. Experts from ASIC, the Institute of Chartered Accountants and the Securities Institute of Australia will provide information and tips on key financial management issues such as how to set financial goals, how to choose a licensed financial adviser, how to identify and avoid scams and how to make informed decisions about investments. • If you’ve got Telstra, AMP or other shares, you’re an investor. • If you’ve got insurance, you’re an investor. • And if you’ve got plans for your financial future, you’ll soon be one! ASIC experts will be available to ask questions after the event. • Wednesday October 15 Berri Resort Hotel, Berri • Monday October 20 Hilton Motel, Port Lincoln • Tuesday October 21 Westland Hotel/Motel, Whyalla • Wednesday October 22 Hotel Augusta, Port Augusta • Thursday October 23 Comfort Inn John Pirie, Port Pirie • Tuesday October 28 Quality Inn Presidential, Mt Gambier • Monday November 3 Nova Café, Gawler • November 5, 11, 17, 19 and 25 ASIC offices, Level 8, 100 Pirie Street, Adelaide
• If you’ve got superannuation, you’re an investor.
• Tuesday October 14 Quality Resort McCracken, Victor Harbor
The 2003 Forums will be held from 5pm to 6.30pm. Register by calling ASIC’s Infoline on 1300 300 630 or emailing your contact details to infoline@asic.gov.au.
