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Showing 31 - 40 of 77 results for %22Super Complaints Tribunal%22

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... she's seeking an application for authorisation no later than 15 March 2018. AFCA's remit has expanded to self-managed super fund members - a move the SMSF Association described as a "significant step" for the industry. SMSFA chief executive John ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... 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 the ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... ensure the AFCA delivers an effective dispute resolution service. The authority has not gone without criticism, with Industry Super Australia and the Australian Institute of Superannuation Trustees using their submission to parliament to argument that ...

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
... disputes (35%), deposit-taking disputes (7%), and payment system disputes (5%). Overall, FOS received a record number of complaints last financial year, totaling 39,479 - a 16% increase on the previous corresponding period. FOS said the growth was driven ...

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... relating to those accounts have potentially life changing impacts, appeal rights are important." AIST says the profit-to-member super sector must be consulted on AFCA's ongoing funding, the funding arrangements during the transition, and the authority's ...

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 ...

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

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... lead an 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 ...

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

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... 'one-stop-shop' to 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 ...

FPA appoints conduct commission chair

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... ombudsman, a presidential member of the Australian Administrative Appeals Tribunal, and chair of the Superannuation Complaints Tribunal. His new appointment also includes the newly created role of independent code administrator for the FPA Professional ...