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APRA figures reveal late paying funds in the minority

Super funds paid out over $6 billion in early release requests in the last week of April alone, with the vast majority of funds processing member requests for early release within five business days.

APRA figures reveal late paying funds in the minority
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APRA figures reveal late paying funds in the minority

The prudential regulator’s early release data from the week ending 3 May revealed that super funds issued early release payments worth around $6.3 billion to 830,000 members, with an average payment size of $7629.

Read more at the ifa

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