Administration complaints dominate SCT workload

29 May 2012
| By Mike |
image
image
expand image

Administration complaints continue to dominate the workload of the Superannuation Complaints Tribunal (SCT).

The SCT's latest quarterly bulletin has revealed that administration-related complaints made up 46.7 per cent of those handled during the quarter, while death benefit complaints represented the second-largest category at 36.1 per cent, up from 29.1 per cent in the previous quarter.

The SCT said it had received 625 written complaints for the quarter, of which 415 were within its jurisdiction.

It said it had finalised 617 written complaints during the period. 

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 5 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 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 6 months ago

Private market assets in super have surged, while private debt recorded the fastest growth among all investment types....

7 hours ago

The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights....

7 hours ago

The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030....

7 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3