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Over 650,000 members lose insurance from early super

More than 650,000 super fund members are projected to lose their life insurance as a result of the government’s early release scheme, new research has found.

Over 650,000 members lose insurance from early super
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Over 650,000 members lose insurance from early super

Research house DEXX&R’s Market Projections Report projected total group insurance premiums for the year to fall by $226 million by December 2020, as Australians continued to withdraw funds from their super accounts.

Read more at SMSF Adviser.

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