Senate debates

Thursday, 16 June 2011

Questions on Notice

Superannuation Complaints Tribunal (Question No. 600)

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

The Minister for Financial Services and Superannuation has provided the following answer to the honourable senator's question:

(a) Industry superannuation funds:

For the purposes of providing a response to this question, the Tribunal has adopted the classification of fund type made by the Australian Prudential Regulation Authority in its statistical reports.

2007-08: 504

2008-09: 617

2009-10: 613

2010-11 (to 29 April 2011): 590

(b) The Tribunal does not have jurisdiction over complaints relating to superannuation funds that are self-managed superannuation funds.

(c) Other types of funds (all other complaints):

2007-08: 1,994

2008-09: 1,929

2009-10: 1,868

2010-11 (to 29 April 2011): 1,426

Comments

No comments