Search ResultsShowing 1 - 10 of 44 results for "AFCA"
ASIC approves AFCA rules change
ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... to the Australian Financial Complaints Authority rules for legacy complaints. The ASIC approval gives effect to the AFCA authorisation condition introduced by the government earlier this year. Under the government's additional condition, AFCA ...
New AFCA remit not enough: Law firm
KANIKA SOOD  |  MONDAY, 17 JUN 2019
... Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give it the power to review eligible financial complaints from 1 January 2008 onwards for the twelve months ...
AFCA seeks to strengthen leadership
ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
The Australian Financial Complaints Authority (AFCA) is recruiting for a number of newly-created senior roles. Chief ombudsman and chief executive David Locke will appoint a deputy chief ombudsman and general counsel. The new leadership roles will ...
ASIC to strengthen complaints handling
ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... view it as an opportunity to redress the issue before it is escalated to the Australian Financial Complaints Authority (AFCA). AFCA has welcomed ASIC's announcement that it will strengthen complaints handling within financial firms. AFCA chief ...
Name and shame super sectors: AIST
HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... Financial Complaints Authority to report which superannuation sectors are most complained about. In a submission to AFCA's consultation paper on proposed arrangements for comparative reporting of complaint data, the AIST said AFCA's proposal ...
AFCA hits the road
HARRISON WORLEY  |  FRIDAY, 3 MAY 2019
... to learn about the financial issues facing Australian's outside the city centres. The initiative will be led by AFCA newcomer Kathy Bowlen, who was announced as AFCA's executive general manager, communications and stakeholder relations ...
ASIC suspends advice group AFSL
ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... Australasia Wealth Services and Management failed to obtain membership of the Australian Financial Complaints Authority (AFCA), therefore breaching its financial reporting and audit obligations. ASIC's licence suspension for the firm took effect at ...
AFCA changes could impact PI cover cost: FPA
HARRISON WORLEY  |  TUESDAY, 23 APR 2019
The Financial Planning Association of Australia is urging AFCA immediately consider and investigate the potential impact of its proposed legacy claims rule on professional indemnity insurance, with fears the cost of PI cover may rise. The FPA is ...
FASEA welcomes new directors
HARRISON WORLEY  |  MONDAY, 8 APR 2019
... (FASEA). Both Freeman and Lakomy have been appointed as part-time directors to FASEA's board. Freeman has served as an AFCA board member since the organisation's inception, and was appointed to the board after spending four years as a director of ...
Up close and personal: Women in financial services
JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... directorships at many large companies. And now she chairs the board of the Australian Financial Complaints Authority (AFCA). The experienced politician and chairwoman, now 71, grew up on a farm in Wagga Wagga as the youngest of three sisters. ...
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