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Showing 21 - 30 of 63 results for %22Small Business Ombudsman%22

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... of our members are just shattered, essentially. It's taken a long time, they were hoping that the Small Business Ombudsman would be able to assist and that AMP would be reasonable," he said. "For many of them, it's been both physically and emotionally ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling for a number of measures to be put in place to protect small businesses from a 'tsunami' of insolvencies. In the latest Insolvency Practices Inquiry report ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... billion and likely to run until March 2021. While JobTrainer was welcomed by state governments and the small business ombudsman, many others called for an extension to JobKeeper as priority in light of the increased unemployment numbers. J.P. Morgan ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... ensure for proper scrutiny of these matters for these hundreds of small businesses." O'Neil said that the Australian Small Business and Family Enterprise Ombudsman has received over 100 complaints from the financial advisers affiliated with AMP. Those ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... Meanwhile, AFCA also announced it has banned paid representative MCR Partners from lodging complaints on behalf of customers and small businesses. This is the first time AFCA has exercised its discretion under AFCA Rule 2.2 to exclude a third party paid ...

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... "Throughout the process AMP has consulted closely with affected advisers, the industry associations and the Small Business Ombudsman, including participating in several mediation sessions with advisers," the spokesperson said. "We are providing support ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
The Australian Small Business and Family Enterprise ombudsman Kate Carnell is concerned that many small businesses may not be applying for the JobKeeper scheme. Carnell said there is a concern from many small business owners that they cannot afford ...

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
... complaint, he said. "AFCA has been talking to key stakeholders and has heard the complexities facing financial firms, small business and consumers in the current environment," Locke said. "We have worked with ASIC to get an extension to the time financial ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... may arise, as well as any revised regulatory standards or guidance that may apply." He added that AFCA recognises small business owners and consumers are under a lot of pressure amid the fallout from COVID-19. Locke said the ombudsman's approach would ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... clients. The Finance Sector Union is also investigating legal options for its members. In another blow, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell called on small business financial advisers to reach out after news of ...

Editor's Choice

Early release of super scammers cop prison time

KARREN VERGARA
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500.

Super funds slash external mandates by 54%

KARREN VERGARA
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals.

ASIC tells super funds to 'step it up'

ELIZA BAVIN
ASIC commissioner Simone Constant delivered a stern warning to super fund trustees.

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen.

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