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Showing 301 - 310 of 320 results for "Australian Financial Complaints Authority"

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... Institute of Superannuation Trustees slammed the lack of transparency around 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 ...

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
... budget 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
... tax 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 ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... including 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 ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
... Government is committed to increasing ASIC's power and resources, and has established the Australian Financial Complaints Authority (AFCA). "We will allow the Commission to continue to do their work and ASIC will get on with their job of dealing with ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... the code compliance committees power to determine whether breaches occurred, give the Australian Financial Complaints Authority (AFCA) ability to enforce compliance through determinations, and provide genuine remedies for code breaches, including financial ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... Credit and Insurance Ombudsman and Superannuation Complaints Tribunal, to be known as the Australian Financial Complaints Authority. Last week, the Government named former Federal politician Helen Coonan as the inaugural chair of AFCA, which will begin ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... long-serving Federal senator and cabinet minister, is the chair of the newly legislated Australian Financial Complaints Authority (AFCA). Minister for Revenue and Financial Services Kelly O'Dwyer said the inaugural chair must have experience in financial ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
Expanding the remit of the newly legislated Australian Financial Complaints Authority (AFCA) to protect some rights of self-managed super members marks a "significant step" for the industry, according to the SMSF Association. Establishing AFCA consolidated ...