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 support@class.com.au, 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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