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Families shocked after NDIS provider put into liquidation in South East NSW

Families have been left in limbo after a popular National Disability Insurance Scheme (NDIS) provider focusing on childhood development was placed into liquidation after four decades of operation. Not-for-profit organisation PlayAbility provides inclusive playgroups, individual support to children and their families, speech pathology, psychology and a mobile toy library in South East NSW. The business…

The new case of early release of retirement savings for “cessation of self-employed activity” as a result of liquidation proceedings: the PERCOL does not necessarily have to emanate from the liquidated company

Facts  Mrs F stated that as a former employee of Group X, she held a PERCOL that had been opened with account keeper A. She explained that she had left Group X to set up her own company, SAS Y. However, some time after it was created, SAS Y ran into financial difficulties and, in…