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Showing 11 - 20 of 68 results for "Superannuation complaints tribunal"

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... under the guise of general advice and not personal advice. Frydenberg also allocated to the Superannuation Complaints Tribunal (SCT) $2.3 million over three years from 2020-21 to resolve outstanding complaints by 31 December 2020. By this date, the SCT ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... additional funding is $2.3 million over three years to ASIC for the resolution of outstanding Superannuation Complaints Tribunal matters and $0.1 million to explore the viability creating a Superannuation Consumer Advocate. Self-managed super fund members ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... AFCA replaced the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal as the one-stop-shop for financial dispute resolution.

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... an unlimited monetary jurisdiction for superannuation complaints. It is also replacing the Superannuation Complaints Tribunal (SCT).

An insight into AFCA workload

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
The latest quarterly statistics from the Superannuation Complaints Tribunal give a small insight into the workload that will face the Australian Financial Complaints Authority come Thursday. Closing to new complaints tomorrow, the Superannuation Complaints ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... premiums when he was unknowingly defaulted as a smoker. The member had to escalate a matter to the Superannuation Complaints Tribunal. Upon delinking from a corporate superannuation plan, AMP said a member defaults into either a product using only one ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... act fairly and reasonably with respect to the member who had to escalate the matter to the Superannuation Complaints Tribunal. The former corporate super fund member saw his premiums jump from $206 per month to $1600 per month after he was moved to Flexible ...

Former Mercer director joins MGP

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
... assisting in the development of its new superannuation jurisdiction. She previously sat on the Superannuation Complaints Tribunal Advisory Council. McAlister is also a former deputy executive director, financial services at ASIC, and former general counsel ...

AFCA appoints chief executive

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
... the staff from the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal," Locke said. He will start with AFCA on June 25. His appointment comes four and a half months before the Australian Financial ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... result, it is asking for the Treasury and ASIC to review the funding for soon-to-be-replaced Superannuation Complaints Tribunal (SCT) so that it's properly funded to manage its caseload. It also thinks superannuation funds should not be allowed to borrow ...