One of the longest-serving chairpersons in the superannuation industry has retired — Intrust Super chairperson Shirley Mellor.
Mellor, who had been chairperson of Intrust for 22 years, announced her retirement from the fund this week.
InTrust deputy chairperson Sandy McDonald will become acting chairperson.
Australians are losing millions weekly in unpaid super, yet payday super laws have not made it onto Parliament’s agenda.
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.