Superannuation Complaints Tribunal (SCT) acting chair, Jocelyn Furlan, has told staff at the Tribunal that she will not be seeking to have her appointment renewed.
Furlan's appointment as SCT chairperson ended earlier this year but she has continued in the role in an acting position thereafter.
The Government is now into its second round of recruitment activity to fill the SCT role but Furlan is understood to have withdrawn her name from further consideration.
Australian retirees could increase their projected annual incomes between 3 and 51 per cent by incorporating personal and household data into their retirement income strategies, according to new research.
The best interests duty and new class of adviser didn't make the cut for the pre-election DBFO draft bill; however, ASFA has used its submission to outline what it wants to see from the final package.
The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level of advice.
Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting; however, some admit the decision will be a close call.