An individual power of attorney gives an attorney legal authority to manage a person’s assets and financial affairs.
Common conditions of release include the fund member having reached preservation age and retired, or commenced a transition-to-retirement income stream; ceasing an employment arrangement on or after the age of 60; being 65 years old even though they haven’t retired; or having died.
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The taxation of digital assets used for lending and borrowing would benefit from clear-sighted guidelines.
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