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Showing 11 - 20 of 28 results for "SCT"

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... the Credit and Investments Ombudsman (CIO), Financial Ombudsman Service (FOS) and Superannuation and Complaints Tribunal (SCT) boards. ASIC welcomed the authorisation by O'Dwyer, saying: "AFCA will be able to deal with complaints about financial ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... Financial Ombudsman Service (FOS), the Credit and Investments Ombudsman (CIO) and the Superannuation Complaints Tribunal (SCT) - into a 'one-stop-shop' and has the power to award redress above values currently permitted under the existing schemes. "Given ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... critical of whether the new body will retain the protections currently present in the Superannuation Complaints Tribunal (SCT) powers. The Association of Superannuation Funds of Australia chief executive Martin Fahy added it will particularly important ...

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... the March quarter, the distribution of deceased members' death benefits (21.5%) was the biggest source of complaints for the SCT, followed by the deduction of insurance premiums (11.5%), and queries about account balances (6%). It resolved 508 of the ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... recommendation that it would not be appropriate to replace the three existing schemes - the Superannuation Complaints Tribunal (SCT), Financial Ombudsman Service (FOS) and Credit and Investments Ombudsman (CIO) - with a single scheme covering all types ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... customer in a dispute with a bank or a credit union relating to a retirement savings account would generally need to approach the SCT." Other recommendations included improving executive accountability by requiring licence holders to publicly report ...

ASIC levies up 150pct

KERRIE SYDEE  |  TUESDAY, 10 MAY 2016
... regulatory costs and is a "consequence of the government's decision to provide funding to the Superannuation Complaints Tribunal (SCT) to deal with legacy complaints and improve processes and infrastructure ($5.2 million) and to bolster ASIC to protect ...

Australia's largest unrated bond issue closes at $85m

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
Australia's largest unrated bond issue by rail freight operator SCT Logistics has closed its $85 million offer oversubscribed. FIIG Securities acted as sole originator for the dual-tenor issue, which comprised a four-year floating rate note series of ...

FIIG to arrange record bond issue

STAFF WRITER  |  MONDAY, 15 JUN 2015
National transport and logistics company SCT Logistics will undertake Australia's largest unrated bond issue for a private business through a dual-tenor issue of $75-85 million. The issue, which will be arranged by FIIG Securities, comprises two types ...

Baby boomers in the dark on super: SCT

AAP  |  THURSDAY, 23 OCT 2014
According to the Superannuation Complaints Tribunal there are basically two types of unhappy baby boomers. The first are the ones that are incredibly aware of super. However, the other and bigger group know absolutely nothing about it, according to ...