Nick Bruining: Need cash? Rules on early release superannuation are strict. Here’s when you can and can’t

Nick Bruining: Need cash? Rules on early release superannuation are strict. Here’s when you can and can’t

Consistently sitting in the top five of all questions directed to superannuation fund call centres is: ”How can I access my super early?” The typical response is: “You can’t, unless …”

At the heart of the rigid access rules lies the underlying principle of superannuation. It is there to provide a capital sum for your retirement or — in the event you don’t make it — it’s money for your dependants.

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