Accessing your income stream in retirement, including minimum withdrawal changes
In response to the coronavirus, the government has introduced changes to the minimum amount you’re required to withdraw from your income stream when you retire. In this article, we’ll address what these changes are and provide things you might consider when investing your money.
Wealth Warning: Things to consider about the Government’s $10K early release of super measure
The Federal Gov’t has announced people facing significant financial hardship as a result of the Coronavirus may be able to access a portion of their super early. We look at some of the key points to consider.
The Australian Federal Government’s economic response to the Coronavirus – support for individuals and households
Over the past weeks, the Federal Government has announced three support packages to cushion the economic impact of the Coronavirus. We look at some of the key support measures for individuals and households, and what they could mean for you.
This information is accurate as at 27/03/2020. This communication has been prepared by NULIS Nominees Australia Limited (‘NULIS’) ABN 80 008 515 633 AFSL 236465, in its capacity as trustee of the MLC Super Fund. NULIS is a member of the National Australia Bank group of companies (‘NAB Group’). An investment with NULIS does not represent a deposit with or liability of, and is not guaranteed by NAB. This information may constitute general advice. The information contained in this communication is general in nature and does not take into account personal objectives, financial situation or needs and because of that you should, before acting on the advice, consider the appropriateness of the advice having regard to your personal objectives, financial situation and needs, plus consider the relevant Product Disclosure Statement. Opinions constitute our judgement at the time of issue and are subject to change. Neither NULIS nor any member of the NAB Group, nor their employees or directors give any warranty of accuracy or reliability, nor accept any responsibility for errors or omissions in this communication. Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.
Trustee: NULIS Nominees (Australia) Limited, ABN 80 008 515 633, AFSL 236465 Fund: MLC Super Fund ABN 70 732 426 024
NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465. Part of the National Australia Bank Group of Companies. An investment with NULIS Nominees (Australia) Limited is not a deposit or liability of, and is not guaranteed by, National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 (NAB). NAB does not guarantee or otherwise accept any liability in respect of this product.