Admin complaints dominate Superannuation Complaints Tribunal

6 December 2011
| By Mike |
image
image image
expand image

The Superannuation Complaints Tribunal (SCT) is continuing to field administrative complaints.

In an analysis of activity for the October Quarter, SCT chair Jocelyn Furlan said administration complaints comprised the largest category of all written complaints received within jurisdiction, representing 50.9 per cent.

It said complaints relating to death benefits made up the second largest category, representing 32.4 per cent of those received, followed by disability related complaints, making up 13.3 per cent.

While administration complaints-dominated matters referred to the SCT, the Tribunal spent most of its time dealing with death benefit issues.

The quarterly data revealed the largest category of complaints determined at review had been death complaints - 29 (69.0 per cent), while administration complaints made up the second largest category - 7 (16.7 per cent), followed by disability complaints - 6 (14 per cent).

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 8 months ago
Kevin Gorman

Super director remuneration ...

1 year 8 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 8 months ago

The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes....

11 hours ago

Challenger’s chief economist expects the US economy will see a prolonged recovery with President Donald Trump’s policies unlikely to have a lasting effect on equities and...

11 hours ago

AustralianSuper’s reliance on unlisted assets dragged on performance over the past year, as the rally in listed markets left funds more heavily weighted to equities outpe...

11 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3