Financial Standard Comments - Highly educated SMSF investors prime fraud targets Australian men aged over 50, highly educated, financially literate and managing their own super are the most likely victims of organised investment fraud, according to a new report from the ACC. https://www.financialstandard.com.au/feed/latest?story=21202339 Wed, 11 Jul 2012 11:30:52 +1000 Wed, 11 Jul 2012 11:30:52 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Jon Bonnett (Elston Partners) By definition intelligent investors use good advisers, who invest in high quality direct assets with sound risk management around individual assets and asset allocation. That means exposure to the opaque or unusual is either minimal (a few % at best) or non-existent.

Most people in the industry have been fooled once at some stage, however it's only the very stupid that have stuck all their client's money into those investments.

Can't we get the public servants to pay attention to the industry and suss out the bad guys instead of producing reports that state the blindingly obvious.

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]]> Jon Bonnett (Elston Partners) Wed, 11 Jul 2012 11:30:52 +1000