Search Results | Showing 11 - 20 of 754 results for "Compensation" |
| | | ... Association of Australia (FPA) chief executive Jo-Anne Bloch has been appointed by the Albanese government to lead its Compensation Scheme of Last Resort (CLSR). The scheme, which officially kicks off on April 2, aims to give victims of financial services ... |
| | | | ... down the drain for fund members who paid a premium for no benefit," Boustani said. "As a result, we're seeking compensation for insurance premiums which we allege were unfairly deducted, as well as investment returns and administration costs." The ... |
| | | | Compensating Dixon Advisory and Superannuation Services (DASS) victims continues to eat up the Australian Financial Complaints Authority's (AFCA) time and resources, so much so that a "lead decision" has been published to expedite the process. The complaints ... |
| | | | ... and Distribution Obligations (DDO), bans of conflicted remuneration, dispute resolution mechanisms, and access to a compensation scheme of last resort under certain circumstances. "The FSC is urging the government to use a scalpel, not a sledgehammer ... |
| | | | ... Standard. AustralianSuper chief investment officer Mark Delaney was the top earner, receiving over $2 million in total compensation, according to research from professional services firm Yellow Folder. UniSuper chief investment officer John Pearce and ... |
| | | | Former UniSuper chief executive Kevin O'Sullivan has been appointed to the Compensation Scheme of Last Resort (CSLR) transitional board as a non-executive director. O'Sullivan steps into the CSLR board role effective immediately, succeeding June Smith ... |
| | | | ... areas which impact on members' costs of doing business, including the ASIC levy, and the implementation of the Compensation Scheme of Last Resort (CSLR)," Abood said. "Another key area of focus will be the use of technology in financial planning ... |
| | | | ... complaints involving financial hardship climbed by 29% over the same period. In 2023, consumers secured $304 million in compensation and refunds through AFCA, a 38% increase from 2022. "The volume of complaints escalated to AFCA has been increasing at ... |
| | | | The board of the Compensation Scheme of Last Resort (CSLR) estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022. The CSLR is set to begin receiving ... |
| | | | The Australian Financial Complaints Authority (AFCA) has revised the maximum amount consumers can claim for compensation. As of 1 January 2024, the maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 ... |
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