Tag: regulatory scrutiny
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Regulators Eye Compassionate Super Withdrawals as Dental Costs Surge in Australia
Growing Pressure as Compassionate Withdrawals Hit New Heights Thousands of Australians are accessing their superannuation on compassionate grounds, with the latest figures showing a sharp rise in approvals for medical-related withdrawals. In the 2024-25 financial year, more than $1.37 billion was approved for medical reasons, climbing from just over $1 billion the previous year and…