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Furlan gains SCT extension
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.
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The fund has achieved double-digit returns amid market volatility, reinforcing the value of long-term investment strategies for its members.
Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an estimated 10.1 per cent over the 2024-25 financial year, but an economist has warned that the rally may be harder to sustain as key risks gather pace.
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