I reduced my TTR from 6% to 4% as I only require 4%, paid on a fortnightly basis. My super fund is now saying that I can't get any more payments as they have recalculated my payments at 4% back to the start of the financial year and are saying because I was receiving 6% I have now exceeded the 4% for the current financial year. All I wanted to do was reduce my fornightly income, not receive nil.
Are they correct?
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95 views
4 replies