Tag: health costs
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Australia’s Super Compassionate Withdrawals Spark Consumer and Regulator Alarm
Rising Compassionate Withdrawals Spotlight Health Costs and Regulatory Risks Australians have increasingly turned to their superannuation to cover urgent medical needs, with more than 1.4 billion dollars approved on compassionate grounds in the past financial year. The trend, which has persisted since 2018-19, is drawing scrutiny from consumer groups and regulators who fear some arrangements…
