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20 November 2015 at 09:01 BST

Australian pension funds criticise compensation lawyers

The Association of Superannuation Funds of Australia (ASFA) is running an education campaign to encourage claimants not to engage a lawyer to make certain claims.

Filipe Frazao

ASFA is concerned that its members’ costs are rising as claimants hire lawyers in relation to disability and death claims. ASFA chief executive Pauline Vamos said: ‘Anecdotally, member funds tell us that most claims are dealt with by a committee, with more than 85 per cent of genuine claims resolved. But once a lawyer gets involved, the whole process slows down and becomes more expensive for everyone.’ 

Unfair

Australian Lawyers Alliance (ALA) spokesman Peter Koutsoukis, a partner at Maurice Blackburn Lawyers said: ‘It is unfair for super funds to suggest to people they don't need a lawyer, when they and the insurers use lawyers to deal with clients' claims’. Source: Sydney Morning Herald

 
   
 
 
 

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