Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 70 results for "Complaints Tribunal"

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 ...

What the associations want from Budget 2018

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

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... with the Credit and Investments Ombudsman (CIO), Financial Ombudsman Service (FOS) and Superannuation and Complaints Tribunal (SCT) boards. ASIC welcomed the authorisation by O'Dwyer, saying: "AFCA will be able to deal with complaints about financial ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... consolidated into one governing complaints body, along with the 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 ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... consolidated the functions of the Financial Ombudsman Service, Credit and Investment Ombudsman, and Superannuation Complaints Tribunal into one governing body. AFCA will start receiving disputes on 1 November 2018.

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... consolidated the functions of the Financial Ombudsman Service, Credit and Insurance Ombudsman, and Superannuation Complaints Tribunal into one governing body, which was approved in parliament yesterday. Under the passage of the Treasury Laws Amendment ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... - the Financial Ombudsman Service (FOS), the Credit and Investments Ombudsman (CIO) and the Superannuation Complaints Tribunal (SCT) - into a 'one-stop-shop' and has the power to award redress above values currently permitted under the existing schemes. ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... body to replace the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal in presenting this year's budget. Following the Ramsay Review, having multiple external dispute resolution schemes with overlapping ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... As of 1 July 2018, FOS will be amalgamated with the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal to form the government's 'one-stop-shop' financial services dispute resolution service, the Australian Financial Complaints ...

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... mostly regarding financial advice - and compared them to the number complaints received by the Superannuation Complaints Tribunal which reached 2368. "Figures such as these highlight the risk of inappropriate cross-subsidisation if the funding model ...