Search Results | Showing 41 - 50 of 198 results for "AFCA" |
| | | ... those related to financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 superannuation complaints, while financial adviser-related ... |
| | | | ... compensation delivered to consumers since its inception. Locke will serve a second five-year term, commencing June 28. "As AFCA's inaugural chief ombudsman, David has met the challenge of bringing together three separate dispute resolution bodies to ... |
| | | | ... these matters is ongoing, including focus on the extent of consumer harms," he said. Binance continues to be a member of AFCA until 8 April 2024. The parent company, Binance Group, is currently in hot water with several overseas regulators. In the US ... |
| | | | ... consumer protections. "Right now, there are around 2000 cases on hold with the Australian Financial Complaints Authority (AFCA), awaiting passage of the CSLR. In another 30 cases, compensation has been awarded, but can't be paid until the Scheme has ... |
| | | | ... ensure that consumers are covered for the full range of matters considered by the Australian Financial Complaints Authority (AFCA), including managed investment schemes (MIS)," Abood said. Of note, yesterday Treasury announced the start of its review ... |
| | | | ... risks. Meanwhile, the CSLR aims to provide monetary compensation to eligible consumers when a relevant entity fails to pay an AFCA determination awarding compensation in their favour. Under the new law, eligible consumers can apply to the CSLR operator ... |
| | | | ... advice-related complaints has slashed by nearly half in the last year, according to the Australian Financial Complaints Authority (AFCA). AFCA registered 2211 financial advice-related complaints in 2022, the majority of which concern Dixon Advisory and ... |
| | | | ... August, corporate watchdog ASIC urged former DASS clients who potentially suffered bad advice to lodge a formal complaint with AFCA, which subsequently registered some 1600 complainants in November. ASIC warned that complainants will experience delays ... |
| | | | ... court ruling has reaffirmed that financial institutions must cooperate with the Australian Financial Complaints Authority (AFCA) or face penalties. The ruling came in a case ASIC brought against home finance companies, General Commercial and Eden Capital ... |
| | | | ... maximum timeframe, putting at risk the complainant's ability to complain to the Australian Financial Complaints Authority (AFCA). They're also often failing to explain why there's been a delay, ASIC said. It found 48% of the total complaints ... |
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