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Do your research when looking for a financial adviser. Check the Money Smart website to learn about an adviser’s qualifications and to see if they’ve been banned or disqualified from giving advice. Check Moneysmart's financial adviser register.
You can also contact the Cbus Advice Team for a second opinion or for a referral to an accredited Certified Financial Planner (CFP®). All CFPs meet strict professional qualification and service criteria as set by Cbus and the Financial Planning Association of Australia.
It is also important to keep track of any authority you have provided for another person or third party to access your account information.
Some of the ways you can protect your identity include:
Visit Moneysmart for more information on how to protect yourself against financial scammers.