Tag: Compassionate Access
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Rising Super Withdrawals for Medical Costs in Australia Draws Consumer and Regulator Scrutiny
Overview: A Growing Trend in Compassionate Super Withdrawals Thousands of Australians are tapping into their retirement savings on compassionate grounds, with the latest figures showing more than $1.4 billion approved for medical, dental, and related expenses in the 2024-25 financial year. This marks another notable rise from prior years and underscores a broad shift in…