Search Results | Showing 121 - 130 of 334 results for "AFCA" |
| | | ... troubled advice firm Libertas Financial Planning last year, which failed to pay an Australian Financial Complaints Authority (AFCA) determination two months prior to it folding. Sequoia is grappling with a string of matters related to "the provision ... |
| | | | ... (CSLR). Libertas, which went into liquidation in September 2023, failed to pay an Australian Financial Complaints Authority (AFCA) determination two months prior to it folding. That claim then progressed to the CSLR, which ultimately paid an undisclosed ... |
| | | | ... hundreds of extra claims in the final months" by not acting in a timely manner and postponing the end date of Dixon's AFCA membership. "I must make it clear that we do not oppose the remediation of these Dixon Advisory clients, who have been poorly ... |
| | | | ... conversations. Equally, we're still seeing a lack of urgency in improving member services despite calls from ASIC, APRA and AFCA," Constant said. "Quite frankly, our patience is running thin - we want to see meaningful action now. "We need funds to be ... |
| | | | The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ... |
| | | | ... (ASIC) for "failing to take action against Dixon Advisory in a timely manner" and for postponing the end date of Dixon's AFCA membership. Anderson said the latter had "seemingly enabled multiple hundreds of extra claims in the final months." "I must ... |
| | | | ... said. While AFSLs ultimately have the responsibility to pay the compensation, the Australian Financial Complaints Authority (AFCA) and the CSLR, in some cases, have had to rope in the PII. "We are sensitive to that, but it does reach a point where it's ... |
| | | | The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ... |
| | | | ... members under 30 years old. Group insurance continues to comprise a large chunk of Australian Financial Complaints Authority (AFCA) life insurance complaints. Between June and December 2023, some 247 individuals complained about group insurance-specific ... |
| | | | ... Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ... |
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