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Search ResultsShowing 11 - 20 of 84 results for "AFCA"
ASIC cancels slew of AFSLs
JAMIE WILLIAMSON  |  FRIDAY, 3 APR 2020
... entered administration in November last year and a liquidator was appointed. The licensee is required to remain a member of AFCA for the next 12 months. In one of two other cancellations, ASIC canned the license of Your Super Life, an organisation that ...
AFCA updates approach amid COVID-19 crisis
ALLY SELBY  |  THURSDAY, 26 MAR 2020
... COVID-19 will be prioritised and fast-tracked to ensure those impacted have their issues resolved as quickly as possible," AFCA said. "AFCA will take into account the circumstances and context in which lenders and other financial firms are currently ...
Latest data reveals super admin problem
ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... of complaints received about superannuation are to do with account administration issues, according to latest data from AFCA. The Australian Financial Complaints Authority's (AFCA) Datacube revealed out of the 2220 complaints received about the superannuation ...
BT's transition not so super
KANIKA SOOD  |  MONDAY, 9 MAR 2020
... you're looking for.." A BT spokesperson this morning said the complaint form is functional and has been. Complaints to AFCA Some BT members have been considering heading to the Australians Financial Complaints Authority (AFCA) regarding the lack ...
Advice complaints low: AFCA
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... complaints about financial advice are minimal. Addressing the conference, Ian Donald and Shail Singh, both ombudsmen at AFCA, said investments complaints only make up about 5%, with the vast majority of AFCA's work focussed on credit complaints. About ...
FSC calls for CSLR claims cap
ALLY SELBY  |  FRIDAY, 14 FEB 2020
... did decide to introduce a cross-subsidised CSLR, then it should be funded by Australian Financial Complaints Authority (AFCA) members. "Should the Government opt for a cross-subsidised CSLR, then cross-subsidisation should only apply to a broader general ...
Most complained about super funds revealed
JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
Analysis of AFCA complaints data regarding the most complained about superannuation funds in the body's first eight months of operation shows an almost even split between industry and retail funds. AFCA started operating on 1 November 2018 and data ...
Separate advice and product: AIOFP
ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
... disproportionate losses from failed product related unpaid determinations. In the Australian Financial Complaints Authority's (AFCA) submission on the Compensation Scheme of Last Resort, it too addressed managed funds failing as an issue for the scheme. ...
Asset manager to be liquidated
ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... Technologies with an administration mandate to provide fund and tax accounting, pricing, unit registry and administration services. AFCA data released in November 2019 shows Global Merces has a 100% non-response rate when it comes to complaints. AFCA ...
NAB revamps superannuation trustee board
KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... Beth McConnell has 30 years of experience and is an industry panel member at Australian Financial Complaints Authority (AFCA). Karina Kwan is currently a director at WAM Active and ASX-listed regtech Kyckr. She has held senior roles at CBA, and Citi. ...
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