The Australian Securities and Investments Commission (ASIC) has launched its own radio program to improve the financial literacy and awareness of the community.
The show called Your Money consists of six episodes and is designed to alert consumers to financial issues as well as their rights and responsibilities.
Topics to be covered across the six-part series include understanding risk when investing, planning for retirement, getting the most out of superannuation, savings tips, and how to avoid scams.
A number of experts such as financial counsellors and consumer advocates will appear on the program, along with ordinary Australians who will offer anecdotes from their own experiences.
Your Money is scheduled for air time on community and local radio stations across the nation and can also be heard via the regulator’s consumer website Fido in the form of an audio file that people can download on their computers.
ASIC executive director of consumer protection Greg Tanzer said: “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.
“These programs will give more Australian consumers a better idea of what they need to know when making important financial decisions and where they can go to get independent, unbiased information,” he added.
