Administration complaints dominate SCT workload

29 May 2012
| By Mike |
image
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 7 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 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 7 months ago

New data suggests private market performance far exceeded public equities in Q1 2025....

4 hours 19 minutes ago

The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential....

4 hours ago

Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows....

4 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
3