The Australian Securities and Investments Commission (ASIC) has launched a six part radio series, Your Money, designed to help consumers distinguish genuine financial opportunities from scams.


“Consumers are often dazzled by offers of high returns from supposedly secure investments. It’s important that we provide accurate and accessible information to help consumers make informed decisions about their money. This radio series is an innovative way of helping with those decisions,” said Greg Tanzer, ASIC’s executive director of consumer protection.


“We’re delighted that radio stations are helping protect consumers from everyday financial traps and scams and giving them skills to take control of their financial future.”


The radio broadcast, also available online from ASIC’s website, www.fido.gov.au, will feature a range of issues including budgeting and simple savings tips, managing bank accounts, loans and credit cards, getting more from superannuation and understanding insurance. (Financial Standard)