Covid-19 and your super

Important Update – The Government’s new super and pension provisions announced 22 March

Over the weekend, the Australian Government announced its economic support package to help Australians who are under financial stress as a result of the Coronavirus.

Two of the support measures announced include the early release of superannuation for those financially affected by the Coronavirus and a temporary reduction of minimum pension payment requirements for retirees.

A summary of these measures, including information about who is eligible and how individuals can access these provisions can be found in this link  – https://www.mlc.com.au/personal/corona-virus/government-superannuation-changes

If you need more information, we are happy to help. Contact Dev Sarker today at 1300 717 136.


Economic and market update video – March 2020

Economic and market update video – March 2020

The coronavirus has had a significant impact on investment markets.

Bob Cunneen, Senior Economist at MLC, discusses what to expect over the coming months in this 5 minutes video.

Source: https://www.mlc.com.au/personal/blog/2020/03/economic_and_market