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FIDO NEWS
Issue 107, 31 July 2008


1. Women and money
Compared with their grandmothers, Australian women's financial needs are today largely similar to men's, but there are some key differences which impact their finances. Many women take time out of the workforce and women tend to live longer than men. Recent research has also highlighted some differences in the way men and women manage and think about money.

2. Super in a falling market
We're including this again because it's still a big issue, with people around Australia opening their super statements to find their investments heading south. Our message is – don't panic - and keep an eye on your fees.

3. Look before you leap into funeral cover
FIDO's new, free publication for Indigenous consumers has tips about ways to pay for funerals, and what to watch out for.

4. Making your windfall last longer
Here are some tips on how you can make a financial windfall like a tax refund, inheritance or redundancy payment last longer.

5. Shoes or super?
Or maybe a bit of both? You can treat yourself a little and still put your tax refund to good use.

6. Would you like to know more about super?
Our updated step-by-step guide, Super Decisions, is available in English, Arabic, Chinese, Greek, Italian, Korean, Russian, Turkish and Vietnamese.

7. Australians hoodwinked by scammers
Almost $1 billion dollars has been lost by Australians to personal fraud over a twelve-month period.

8. Have you been hassled by a debt collector?
ASIC and the Australian Competition and Consumer Commission want to hear from you! We're having a phone in today on 31 July.


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Email
fido@asic.gov.au
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