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Showing 41 - 50 of 65 results for %22Financial Ombudsman Service Investments%22

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
... Helen Troup, will independently assess the claim. The three panelists appointed so far are Financial Ombudsman Service Investments, Life Insurance and Superannuation panel member Justin Malbon, former Bupa Australia head of clinical advisory Stan Goldstein ...

CCMC chief executive appointed as lead ombudsman

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... Committee (CCMC) for the Code of Banking Practice, June Smith, will be leaving to expand her role at the Financial Ombudsman Service from July. Smith, who is also currently the general manager of code compliance and monitoring at the ombudsman service ...

Financial services companies owe consumers $15m compensation

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... Financial services providers owe consumers about $15 million in unpaid compensation, according to the Financial Ombudsman Service (FOS). The latest edition of The FOS Circular reveals that since January 1, 2010, a total of 26 financial services companies ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
... with the offer they receive can only contest that offer if they are prepared to initiate an action at the Financial Ombudsman's Service (FOS)," commercial lawyer Ben Hardwick said. He asked for a purpose-built review scheme with experts solely focused ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... to cover the costs of that. Unsatisfied Macquarie customers will be able to raise the issue to the Financial Ombudsman Service (FOS), which has agreed to waive the usual limitation periods or claim thresholds in this particular matter. The EU is being ...

Macquarie tight-lipped on EU details

LAURA MILLAN  |  FRIDAY, 25 JUL 2014
... independent expert. The group also said that "client remediation approach based on consistent application of Financial Ombudsman Service principles and is subject to oversight by Deloitte and ASIC.

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... compensation is payable and, if so, how much. Customers will also be able to take the matter to the Financial Ombudsman Service. Narev did not give details of how the independent panel would be set up, how its members will be chosen or who they will ...

FOS model outdated, in need of major change

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
The current Financial Ombudsman Services (FOS) model is in need of major changes in order to meet industry and consumer expectations, an independent review found. The review conducted by Cameron Ralph Navigator (CRN) is the first independent review ...

ANZ praises ASIC "integrity" amid consumer complaints

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
... in a fair and responsible way." The bank encouraged customers to raise their concerns through the Financial Ombudsman Service (FOS). However, a review of the consumer submissions reveals that both the bank and the FOS have seemed to fail in addressing ...

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... inquiries into Stellar Securities, and has directed anyone with a complaint against the firm to the Financial Ombudsman Service.