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Showing 31 - 40 of 57 results for %22Australian Financial Complaints Tribunal%22

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... permanent 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 ...

Government names AFCA board members

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

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... 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 Helen Coonan as the inaugural chair of AFCA, which will ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... was a 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 ...

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 ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... consumers 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 ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... welcomed a 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 ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... Tribunal to form 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
... existing 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 ...