{"id":104950,"date":"2025-08-31T12:55:08","date_gmt":"2025-08-31T12:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/104950\/"},"modified":"2025-08-31T12:55:08","modified_gmt":"2025-08-31T12:55:08","slug":"australian-retirees-lose-life-savings-to-rogue-superannuation-scheme","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/104950\/","title":{"rendered":"Australian retirees lose life savings to rogue superannuation scheme"},"content":{"rendered":"<p>The stories are as heartbreaking as the scale is breathtaking.<\/p>\n<p>Thousands of hardworking Australians did everything right preparing for their retirements, only to be left feeling scammed out of their superannuation savings.<\/p>\n<p>With losses that could total $1 billion, it comes as a stark warning to everyday Australians &#8211; the pool of super money across Australia is enormous and the sharks are circling.<\/p>\n<p>They can&#8217;t wait to exploit the fact that many of us need as much help as we can get when it comes to managing our retirement funds.<\/p>\n<p>While ASIC is probing rogue super schemes, the corporate watchdog has the difficult task of reassuring Australians that their super is in fact safe.<\/p>\n<p>Watch the full episode of <a href=\"https:\/\/www.9now.com.au\/\" target=\"\" rel=\"nofollow noopener\" title=\"60 Minutes on 9Now.\" data-plug-link=\"9now_link-in-article\">60 Minutes on 9Now.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The stories are as heartbreaking as the scale is breathtaking. Thousands of hardworking Australians did everything right preparing&hellip;\n","protected":false},"author":2,"featured_media":104951,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-104950","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/104950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=104950"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/104950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/104951"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=104950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=104950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=104950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}