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Showing 311 - 320 of 320 results for "Australian Financial Complaints Authority"

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... interact with the financial services industry have cleared both houses of parliament. The Australian Financial Complaints Authority (AFCA), announced in this year's Federal Budget, will be established as a free, binding dispute resolution service to ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... consultation paper on the terms of reference, governance and funding arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is a free, fast and binding dispute resolution service for consumers ...

FS Live Blog: 2017 AFA National Adviser Conference

MICHELLE BALTAZAR  |  TUESDAY, 10 OCT 2017
... an update on government reforms due next year, including the transition to AFCA, the Australian Financial Complaints Authority, a one-stop ombudsman service for consumer complaints on financial services and superannuation. The Minister reiterated the ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... the government's 'one-stop-shop' financial services dispute resolution service, the Australian Financial Complaints Authority.

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
Funding of the newly established Australian Financial Complaints Authority must be fairly distributed across the financial services industry to reflect the accountability of each sector. In its submission to the Senate Standing Committee on Economics ...

Panel appointed to ease AFCA transition

JAMIE WILLIAMSON  |  WEDNESDAY, 23 AUG 2017
... financial services dispute resolution services to the new 'one-stop-shop' model, the Australian Financial Complaints Authority. Led by former Assistant Governor of the Reserve Bank of Australia Malcolm Edey, the panel comprises representatives from two ...

O'Dwyer names one-stop-shop dispute resolution lead

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... operational transition team as chair to consolidate the three existing schemes into the Australian Financial Complaints Authority (AFCA). The merger was flagged earlier in Budget documents stating AFCA will operate in place of the Financial Ombudsman ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... for the economy," De Gori said. Finally, the FPA warned against the cost of the new Australian Financial Complaints Authority, saying the new levy funding it may place additional cost pressures on consumers. "As a result of tonight's announcement, the ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... "costing around one in three Australians up to $1500 a year." Labor predicts the new Australian Financial Complaints Authority will only deliver lower protections for people disputing their superannuation and warned that it is an area it "will be looking ...

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

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... establish a simpler, more accessible and more affordable process for consumers. The Australian Financial Complaints Authority (AFCA) will operate in place of the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation ...