Sometimes things don’t always work out as expected, which may mean thinking differently about current and future financial circumstances.
These can be uncertain times, particularly as you consider the effect on your financial wellbeing – now and for the future. It may be worth taking stock to see where you currently stand, and to help you prioritise your next steps.
Here are a few things to consider in relation to your super:
In certain circumstances, such as severe financial hardship or compassionate grounds, you may be eligible to access some money from your super. It’s important to keep in mind that because the main purpose of super is to provide for you in retirement, there are strict conditions around these types of early release of super benefits.
Find out more about eligibility for early access due to severe financial hardship or on compassionate grounds.
These are likely to be times of considerable worry, grief or uncertainty for you and your family, so our goal is to help you through the process as easily as possible.
If you need to talk to us about a claim for illness or disability, or if you are a family member or representative of a member who has passed away, please contact us as soon as possible so we can begin this process for you. You can also find out more about what to expect from the claims process.
How to navigate your way through debt and financial hardship. (Source: ASIC MoneySmart)