X
  • About
  • Advertise
  • Contact
  • Superannuation Guide
Get the latest news! Subscribe to the Super Review bulletin
  • News
    • All News
    • Technology
    • Financial Advice
    • Funds Management
    • Institutional Investment
    • SMSF
    • Insurance
    • Superannuation
    • Post Retirement
    • People & Products
    • Rollover
    • Women’s Wealth
  • Superannuation Guide
  • Features & Analysis
    • All Features & Analysis
    • Editorial
    • Expert Analysis
    • Features
    • Roundtables
    • Knowledge Centre
  • Events
    • Australian Wealth Management Awards
  • Investment Centre
  • Promoted Content
No Results
View All Results
  • News
    • All News
    • Technology
    • Financial Advice
    • Funds Management
    • Institutional Investment
    • SMSF
    • Insurance
    • Superannuation
    • Post Retirement
    • People & Products
    • Rollover
    • Women’s Wealth
  • Superannuation Guide
  • Features & Analysis
    • All Features & Analysis
    • Editorial
    • Expert Analysis
    • Features
    • Roundtables
    • Knowledge Centre
  • Events
    • Australian Wealth Management Awards
  • Investment Centre
  • Promoted Content
No Results
View All Results
No Results
View All Results
Home News Superannuation

SCT supports increases for trustee decisions

by Staff Writer
September 25, 2012
in News, Superannuation
Reading Time: 2 mins read
Share on FacebookShare on Twitter

Trustees found more favour with the Superannuation Complaints Tribunal (SCT) over the April-June quarter as the tribunal was faced with less inquiries.

The SCT affirmed 91.1 per cent of trustees' decisions – up from 83.3 per cent the January-March quarter.
Cases resolved at review stage also increased from 1.9 per cent to 7 per cent, while the tribunal was able to increase its completion of written complaints, closing 643 in the June quarter – an increase of 4.2 per cent.

X

But the overall number of queries contracted in the June quarter as telephone inquiries decreased 16 per cent from 3,342 to 2,809, with only two extra written complaints recorded.

The SCT said 32.4 per cent of inquiries were complaint-related (the most popular), followed by questions about the tribunal at 29.4 per cent.

Of the complaints, administration complaints were the largest category resolved at review stage, at 37.8 per cent.
Administration complaints also took the largest chunk of the SCT's time, but decreased 1 per cent from the April quarter from 46.7 per cent to 45.7 per cent. Death complaints were 36.6 per cent, followed by disability at 11.8 per cent.

Although administration complaints topped the list, resolutions lagged behind death benefit cases – 74 per cent of which were settled compared to 63.9 per cent of administration cases. Half of disability cases were able to be settled.

The SCT's overall settlement rate was 64.5 per cent, representing 80 of 124 cases.

Almost half of the complaints for the quarter were finalised at the inquiry and reconciliation stage, while 43.2 per cent were deemed outside jurisdiction.

The tribunal mediated 144 cases during the quarter – an increase of 6.5 per cent.

At the end of the quarter, the SCT still had 13.9 per cent or 20 cases pending – a 1 per cent decrease on the end of the January-March quarter.

Tags: SCTSuperannuation Complaints TribunalTrustees

Related Posts

NGS Super awards two mandates to Robeco

by Laura Dew
January 19, 2026

NGS Super has awarded two investment mandates to fund manager Robeco.  The $15 billion superannuation fund has appointed the Dutch asset...

ART appoints two to board

by Adrian Suljanovic
January 19, 2026

Australia’s second largest super fund has appointed two new directors to strengthen its governance.Australian Retirement Trust (ART) has appointed two...

Retirees defying digital myth with soaring online engagement: UniSuper

by Adrian Suljanovic
January 19, 2026

UniSuper has seen retirees lead digital adoption as personalisation, security and simplicity drive extraordinary online engagement across older members.Retirees are...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Using data to achieve member experience success

A panel of superannuation commentators have shared how data and technology can be used to improve the member experience at...

by Staff Writer
December 4, 2025
Promoted Content

To the expert guiding the doers

Everyone has their own reason for wanting to stay healthier, for longer.

by Partner Article
October 7, 2025
Promoted Content

Developing Next-Generation Fintech Applications on High-Speed Blockchain Networks

The evolution of financial technology continues accelerating with the emergence of high-speed blockchain networks that enable unprecedented performance and cost...

by Partner Article
September 4, 2025
Promoted Content

Smart finance is the key to winning in the property investment surge

Australian property prices are rising again, presenting a compelling opportunity for investors. For the first time in four years, every Australian...

by Partner Article
August 13, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Top Performing Funds

FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3 y p.a(%)
1
DomaCom DFS Mortgage
164.43
2
Loftus Peak Global Disruption Fund Hedged
118.46
3
Global X 21Shares Bitcoin ETF
73.80
4
BetaShares Crypto Innovators ETF
67.16
5
Smarter Money Long-Short Credit Investor USD
66.76
Super Review is Australia’s leading website servicing all segments of Australia’s superannuation and institutional investment industry. It prides itself on in-depth news coverage and analysis of important areas of this market, such as: Investment trends, Superannuation, Funds performance, Technology, Administration, and Custody

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Us

  • About
  • Advertise
  • Contact
  • Investment Centre
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Superannuation
  • People And Products
  • Financial Advice
  • Funds Management
  • Institutional Investment
  • Insurance
  • Features And Analysis

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
    • All News
    • Technology
    • Financial Advice
    • Funds Management
    • Institutional Investment
    • SMSF
    • Insurance
    • Superannuation
    • Post Retirement
    • People & Products
    • Rollover
    • Women’s Wealth
  • Superannuation Guide
  • Features & Analysis
    • All Features & Analysis
    • Editorial
    • Expert Analysis
    • Features
    • Roundtables
    • Knowledge Centre
  • Events
    • Australian Wealth Management Awards
  • Investment Centre
  • Promoted Content
  • About
  • Advertise
  • Contact Us

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited