insurance in your super

Legislation | Taxwise Australia | (08) 9248 8124

Government Passes Other Superannuation Legislation

By Warren Kruger / November 16, 2019 / 0 Comments

The Government has recently passed legislation requiring insurance in superannuation for new members under 25, and members with low balance accounts, to only be offered on an opt-in basis from 1 April 2020. Importantly, low balance account holders and young members will still be able to opt in if they want to take out insurance. […]

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