People on disability support and aged care pensions with assets will continue to be charged up to 40 per cent of their low incomes for administration services by the Public Trustee of Queensland.
A report published by Queensland’s Attorney-General Shannon Fentiman documented high fees for asset-rich pensioners, fees for no service and charging multiple sets of fees on managing the same funds, like superannuation.
Shadow attorney-general Tim Nicholls is calling for an independent audit of the Public Trustee and for the relevant legislation to be either rewritten or amended substantially.