While superannuation is intended to assist with retirement, the Australian government has recognised that the significant financial implications of COVID-19 has meant that for those most affected, there may be an urgent need to access these funds currently. As such, people facing financial stress as a result of the COVID-19 pandemic are able to once again access their superannuation account balance early. In this episode of the Nicholes Family Lawyers Podcast Series, Partner Nadine Udorovic and Senior Associate Kate Bell are joined by Kirsty McCormack, Operations Manager at Morrows Private Wealth, to discuss the viability of this early access scheme, its benefits and potential risks.
Morrows Private Wealth: 03 9690 5700 https://www.morrows.com.au/
Disclaimer: Nicholes Family Lawyers intends the information provided in this podcast as general information only, please contact Nicholes Family lawyers if you require specific information and advise in relation to any family law matter.