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.
A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in both public and private markets.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.