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Furlan gains SCT extension
The Federal Government is understood to intend re-advertising for the position of chair of the Superannuation Complaints Tribunal (SCT), with the existing chair, Jocelyn Furlan, expected to continue in the role until March, next year.
Furlan has been acting in the role since her appointment expired earlier this year.
The Government has effectively extended her acting appointment a further six months while it recruits for the role.
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The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month.
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super funds to better engage with members on their retirement journey.
The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
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