Finance experts have re-emphasised the importance of playing the superannuation "long game" as the ASX climbed for the sixth straight day yesterday.
Share this @internewscast.com

The Australian Taxation Office has issued a warning over dodgy websites claiming the age people can access superannuation will increase to 70.

The Australian Taxation Office (ATO) has confirmed that the age at which Australians can access their superannuation savings upon retirement remains set at 60 and will not undergo changes starting next month.

Misinformation claiming that the re-elected Labor government would alter the superannuation preservation age by extending it by 10 years prompted the ATO to issue this reminder.

Finance experts have re-emphasised the importance of playing the superannuation "long game" as the ASX climbed for the sixth straight day yesterday.
The ATO is warning about false claims about changes to the age at which Aussies can access their superannuation savings. (A Current Affair)

Deputy commissioner of the ATO Emma Rosenzweig says the claims were “classic fake news”.

“It is important to verify the source of the information you come across. When uncertain, refer to reliable sources such as the ATO website, your superannuation fund’s website, a registered tax agent, or a licensed financial adviser,” she stated.

“Beware of websites that might be trying to harvest your personal information such as your TFN, identity details or myGov login details.

“Think twice before acting on information heard from third-party sources, including non-official websites or on social media.”

The ATO is also warning people to be wary about offers of free expert tax advice from individuals or companies.

You should ensure anyone who proposes helping with tax affairs is a practising lawyer or registered with the Tax Practitioners Board.
Share this @internewscast.com
You May Also Like

Coroner Finds Kumanjayi Walker’s Death Avoidable and Highlights Rolfe’s Tendency for Unnecessary Force

Warning: this article contains distressing and violent content and the photo of…
Onlookers tried to take selfies of mushroom killer during murder trial

Bystanders Attempt to Snap Selfies of Suspected Mushroom Poisoner During Court Proceedings

The trial of Erin Patterson, known for the mushroom murder case, garnered…
Trump announces 25 per cent tariff on two key trading partners

Trump imposes a 25% tariff on two major trade allies

US President Donald Trump has intensified the pressure on two significant American…
A circular structure found inside the lost city.

Archaeologists Unearth Ancient City in Peru Dating Back 3,800 Years

An ancient, lost city dating back to between 1800 and 1500 BC…

Jessica Files Restraining Order Against Her Mother, But Now She’s Having Doubts

If you find yourself spending more time arguing with a family member…
Hannah Thomas

New South Wales Police Dismiss Riot Charges Against Injured Protester Hannah Thomas

NSW Police will dismiss a charge against Greens candidate Hannah Thomas after…

Minister Burke Calls Synagogue Arson ‘An Attack on Australia’; Israeli Prime Minister Urges Swift Response

Home Affairs Minister Tony Burke expressed his relief at the swift arrest…
Lorde has opened up about a tough time where all she thought about was 'weighing as little as possible'

Lorde opens up about a challenging period when she doubted she’d create music again, focusing solely on her weight instead.

Lorde has opened up about a tough time where all she thought…
Alicia Rodgers, nurse at Nepean Hospital

Nurses Highlight ‘Critical’ Staff Shortage in Sydney NICU Ward

Nurses have sounded the alarm over “severe” understaffing at a busy neonatal…
Photos of the same shipwreck taken by diver Mark Tozer before and after the algal bloom show a stark contrast.

Incredible Shipwreck Images Show Devastating Impact of Algae Bloom

A diver has shared shocking before-and-after photos that reveal the ecological devastation…
US stocks tumble after Trump's new tariff announcements

US Stock Market Falls Following Trump’s New Tariff Announcements

US stocks fell overnight as President Donald Trump announced a flurry of…
A Sydney driver who parked his car was shocked when he returned after work to find he had been given a ticket.That's because while he was away, workers had installed new signs banning all day parking.

Motorists Fined $140 Following Installation of Signs During Parking

A Sydney driver who parked his car was shocked when he returned…