Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Link to this | Hansard source

asked the Minister representing the Minister for Financial Services and Superannuation, upon notice, on 15 April 2011:

In each of the 2007-08, 2008-09, 2009-10 and 2010-11 (to date) financial years, how many complaints did the Superannuation Complaints Tribunal receive relating to superannuation funds that were:

(a) industry superannuation funds;(b) self-managed superannuation funds; and(c) other types of funds.

Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Link to 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