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Showing 291 - 300 of 312 results for "AFCA"

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
... is it going to meet the primary objective of providing retirement funds going forward?" she said. In closing, Smith said AFCA is looking forward to working with advisers in designing and implementing strong internal dispute resolution systems, making ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
... Elliot said the purpose of Financial Ombudsman Service is to hear such cases. The panel said given it is being replaced by AFCA, it shows that customers still aren't being remediated properly or getting the justice they deserve.

AFCA membership deadline arrives

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... financial services licensees, superannuation trustees and authorised credit representatives reminding them that membership to AFCA is mandatory and organisations that fail to register will be in breach of the law. The deadline for applying for membership ...

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... complaint resolution rules, marking a significant milestone in time for its November 1 launch. ASIC gave the green light on the AFCA's complaint resolution scheme, which sets out rules and processes applied to all complaints, including superannuation ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... consulting on stronger internal dispute resolution requirements for super after the Australian Financial Complaints Authority (AFCA) commences operations in November. For superannuation complaints, it will push for shorter complaints-handling timeframes ...

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... how the Australian Financial Complaints Authority will operate and be funded. The Federal Government recently released its AFCA funding model overview, which reflects some of the existing user-pays structure and industry-funded arrangements used by its ...

AFCA appoints chief executive

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
... charity services. ACNC is the peak regulatory body for 55,000 Australian charities. Australian Financial Complaints Authority (AFCA) chair Helen Coonan said: "David has worked effectively with stakeholders across the spectrum from government, regulators ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... estimate for 2018-19 is $37 million and APRA's is $83 million. Elsewhere, the Australian Financial Complaints Authority (AFCA) will receive $1.7 million in 2018-19 to support the establishment of the external dispute resolution scheme. The Association ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... relief for merging superannuation funds. ASFA thinks a July 2018 start date for Australian Financial Complaints Authority ( AFCA ) "may not be possible" given the magnitude of work left in implementing the new framework. So, it is asking for the Treasury ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join independent AFCA chair Helen Coonan ...