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

Former Harrods Owner Accused of Abusing Hundreds of Women, Australian Survivors Claim He Had Accomplices

Watch Dateline’s latest episode ‘Delivered to a Predator’ on 20 May at…

With the start of humpback migration, some whales won’t make it unscathed

Key Points The migration season for eastern humpback whales has commenced along…

The Transformative Treatment with a Worrisome Warning

A significant investment of $793 million in women’s health has been warmly…
Vodafone makes bombshell Telstra complaint to ACCC

Vodafone Files Major Complaint Against Telstra with the ACCC

Australian telecommunications company Vodafone has accused its competitor Telstra of inaccurately representing…
Lauren Hopkins, 47, was attacked inside her home in Redfern, allegedly by her son, Mitchell Hopkins, 30.

Son Accused in Attack That Left 47-Year-Old Mother in Critical Condition in Sydney

A mother is currently battling for survival following a suspected incident of…
Professor Velandai Srikanth .

AI: A New Ally in the Fight Against Dementia

Dementia is a growing problem in Australia’s ageing society and identifying people…

Australian PM Albanese to Bring Up Oscar Jenkins’ Imprisonment with Zelenskyy During Rome Meeting

The fate of jailed Australian Oscar Jenkins is set to be discussed…
Women were promised a scheme to combat domestic violence - it never happened

Promised Domestic Violence Prevention Scheme for Women Yet to Materialize

In 2023, women in NSW were promised a new tool to help…
Police officers allegedly assaulted in brawl at NRL match

Alleged Assault of Police Officers During Brawl at NRL Game

Following the NRL clash between the Wests Tigers and the South Sydney…
BONDI JUNCTION, AUSTRALIA - APRIL 13: NSW police tape surrounds the entrance to Westfield Bondi Junction on Oxford Street on April 13, 2024 in Bondi Junction, Australia. Five victims, plus the offender, are confirmed dead following an incident at Westfield Shopping Centre in Bondi Junction, Sydney. (Photo by Lisa Maree Williams/Getty Images)

Security Specialist Criticizes Insufficient Response to Bondi Junction Stabbing

A security control room operator was criticized for delaying a triple-zero call…
US woman's incredible survival story after avalanche

Amazing Tale of a US Woman’s Survival Following an Avalanche

A woman from the United States who disappeared for several weeks in…
Former NZ leader Jacinda Ardern did not hold back about the state of the world in a speech at Yale

Jacinda Ardern Criticizes Trump, Labels the World a ‘Complete Dumpster Fire’ – Offers Solutions for Lasting Change

Jacinda Ardern has stepped back into political discussions, advocating for international collaboration…