Services that enable individuals to access or claim their superannuation funds through online platforms or specific programs under certain conditions, such as financial hardship or medical reasons. These offerings typically streamline the application process and assist users in managing their superannuation claims.
Main/
Superannuation Access Services
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Code
PS0093
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Name
Superannuation Access Services
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Version
1.0
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Category
Wealth & Investment
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Created
2025-03-14
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Modified
2025-04-02
Related Techniques
- Enables early or routine withdrawals of illicitly contributed funds under the facade of permissible superannuation disbursements.
- Accelerated withdrawals or frequent changes in access conditions may be exploited to rapidly retrieve laundered assets with minimal detection.
- Criminals submit falsified medical certificates or hardship claims to falsely meet eligibility criteria for early withdrawals.
- They exploit short processing windows to secure disbursements before thorough verification can occur.
- Stolen identities or fabricated personal details further mask fraudulent access attempts, converting legitimate retirement savings into illicit proceeds.