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AAP
AAP
Politics
William Ton

Aussie nest eggs being drained by dodgy cold-callers

ASIC boss Alan Kirkland wants super trustees to do more to weed out "unscrupulous actors". (Mick Tsikas/AAP PHOTOS)

Working Australians are being targeted and pressured into switching from their superannuation products by cold-callers, risking their retirement savings being drained of potential returns and significant fees.

Jack Smith* was on his way home form work one day when he was contacted by a cold caller who offered him a free superannuation review.

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