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Showing 271 - 280 of 312 results for "AFCA"

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 be ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... should 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
... Australian 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
... communities 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 this ...

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 the ...

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 concerned ...

FASEA welcomes new directors

HARRISON WORLEY  |  MONDAY, 8 APR 2019
... Authority (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 ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... board 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. Her ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... Commissioner Hayne. Outlining additional measures, Labor will look to improve the Australian Financial Complaints Authority (AFCA). Caps on possible compensation will be significantly increased, including the quadrupling of compensation for consumers ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
... will start taking legacy complaints starting July 1 for a limited amount of time. The Federal Government recently extended AFCA's remit after the Financial Services Royal Commission. This means the one-stop shop for financial services complaints will ...