Brisbane Times
·general
·3 hours ago
Family faces challenges with frozen super accounts for grandchildren's savings
A family in Australia has faced challenges with frozen super accounts for their grandchildren's investments. Aware Super's Peter Hogg advises that superannuation is designed for retirement, and families may benefit more from flexible investment options for children's savings. Regular contributions are necessary to keep super funds active, complicating access to these accounts for young beneficiaries.
Summary by Glance · Brisbane Times
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