Superannuation hardship provisions

For those affected by the flooding, it may be possible to arrange an early release of superannuation money under hardship provisions.

To access funds early, you will need to make an application to the trustee of your super fund and this will need to be approved by The Australian Prudential Regulation Authority (APRA).

As with any financial decision, you should consult an independent financial advisor before taking such a step. To find out more information about superannuation hardship provisions, visit www.moneysmart.gov.au.

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