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Showing 51 - 60 of 312 results for "AFCA"

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
The Australian Financial Complaints Authority (AFCA) has released its Systemic Issues Insights Report for the second half of FY25. The report highlighted that delays in processing superannuation rollovers and withdrawals remain a recurring systemic ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... the platforms and trustees. InterPrac is currently facing $22 million worth of Australian Financial Complaints Authority (AFCA) complaints pertaining to its representatives' alleged roles in the more than $1 billion loss of investor money. Crole ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
... working with Treasury and the government to look at options for law reform in this area," he said. "We are coordinating with AFCA to provide guidance for consumers with complaints against financial firms, particularly those in liquidation, and superannuation ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within ...

ASIC to release IDR and reportable situations data

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
... existing publication of firm-level external dispute resolution (EDR) data by the Australian Financial Complaints Authority (AFCA). ASIC is set to publish the RS dashboard in October, in line with legislative requirements, with the IDR dashboard to be ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... disappeared. While many who were defrauded have lodged formal complaints with the Australian Financial Complaints Authority (AFCA), the Save Our Super campaign says AFCA is "structurally unsuited to deal with systemic product collapses." This, coupled ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority (AFCA) sub-sectors. The sentiment aligns with the Financial Advice Association Australia's (FAAA) suggestion earlier this month ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... superannuation funds' reserves. InterPrac is currently facing $22 million worth of Australian Financial Complaints Authority (AFCA) pertaining to its representatives' alleged roles in the loss of $1 billon of investor money. InterPrac managing director ...