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Showing 301 - 310 of 335 results for "AFCA"

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... board directorships at many large companies. And now she chairs the board of the Australian Financial Complaints Authority (AFCA). The experienced politician and chairwoman, now 71, grew up on a farm in Wagga Wagga as the youngest of three sisters. Her ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... Commissioner Hayne. Outlining additional measures, Labor will look to improve the Australian Financial Complaints Authority (AFCA). Caps on possible compensation will be significantly increased, including the quadrupling of compensation for consumers ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
... will start taking legacy complaints starting July 1 for a limited amount of time. The Federal Government recently extended AFCA's remit after the Financial Services Royal Commission. This means the one-stop shop for financial services complaints will ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
... appointment that will be dedicated to resolving disputes for small businesses including financial services firms. Joining AFCA from February 12 is Geoff Browne. He will become AFCA's first lead ombudsman - small business. Browne was the Victorian Small ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... heard," Loane said. The ultimate goal, she said, is for the code to be registered with ASIC. The code is enforced by the AFCA-administered independent body called the Life Code Compliance Committee. "Every aspect of the life insurance industry is under ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... services industry," the MYEFO statement said. This is in addition to Budget 2018 announcing further funding for ASIC, APRA and AFCA, which also form part of MYEFO. Elsewhere, the government's spending on aged care is expected to reach a record $23.5 ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... scheme to deal with complaints that they are not able to resolve internally. The Australian Financial Complaints Authority (AFCA) was legislated for these purposes. Since launching on November 1, it has received more than 6000 complaints.

AFCA receives 500 super complaints in first month

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... copped more than 500 complaints to the Australian Financial Complaints Authority in the body's first month of operation. AFCA busily began its life last month, with more than 6000 complaints lodged in its first 30 days, and after taking responsibility ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
The newly established Australian Financial Complaints Authority (AFCA) will appoint an ombudsman dedicated to helping small businesses resolve disputes with their financial service providers. AFCA will consider complaints from small businesses with ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... chief executive Sally Loane said the ultimate goal is for the code to be registered with ASIC. The code is enforced by the AFCA-administered independent body called Life Code Compliance Committee. "Every aspect of the life insurance industry is under ...