Search ResultsShowing 61 - 70 of 81 results for "Financial Ombudsman Service"
First submissions to ASIC inquiry made public
LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... to the Commission. The couple doesn't disclose which bank made the loan, but it complains that the Financial Ombudsman Service (FOS) has closed the file because it exceeds its jurisdictional limit of $500,000 and asks for more protection by ASIC. "I ...
FPA calls for improved education on advice
LINDA HAUSKEN  |  TUESDAY, 8 MAY 2012
... Financial Planning Association (FPA), Australian Securities & Investments Commission (ASIC) and the Financial Ombudsman Service (FOS) hosted an educational workshop for advisers to combat issues addressed in the recently released ASIC Shadow Shop Survey ...
Flaws in advice system revealed by ASIC report
ELISE BURGESS  |  WEDNESDAY, 28 MAR 2012
... of workshops to address issues in the survey, as announced last week , co-hosted with ASIC and the Financial Ombudsman Service (FOS). "The FPA believes it is vital for all key stakeholders involved in shaping and regulating the financial planning profession ...
ASIC, FPA, and FOS address shadow shopper report
ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
... graded as "adequate" by a panel. As a result, the Financial Planning Association (FPA), ASIC and the Financial Ombudsman Service (FOS) will host workshops targeting all financial planning professionals covering issues within the report for individual ...
ASIC commissioner new chief of FOS
ELISE BURGESS  |  TUESDAY, 2 AUG 2011
ASIC commissioner, Shane Tregillis, was appointed as new chief of the Financial Ombudsman Service, replacing departing chief Colin Neave. Tregillis will move into the Melbourne-based role from August 26. Neave did not move to be reappointed into the ...
Fiduciary duty goes beyond APLs
RUTH LIEW  |  TUESDAY, 31 AUG 2010
A Financial Ombudsman Service (FOS) case hearing concluded that just because a product is within a planning group's approved products list (APL) doesn't mean they have fulfilled their fiduciary duty - prompting top researchers to talk about the role ...
Complaints against planners fall
MICHAEL HOBBS  |  THURSDAY, 5 AUG 2010
The Financial Ombudsman Service (FOS) has received less complaints against investments and financial planners in the past year, new figures show. Alison Maynard, investments, life insurance and superannuation ombudsman, said the number of investment ...
End to unfair mortgage exit fees
ASIC AND CHOICE RELEASES  |  MONDAY, 28 JUN 2010
... fees. "The problem on exit fees on fixed rate loans was highlighted by the last annual report of the Financial Ombudsman Service which showed a high volume of complaints about break costs and calculation errors," said Brad Schmitt, CHOICE spokesman.
FOS appoints Belleville to board
PRESS RELEASE  |  WEDNESDAY, 10 MAR 2010
The Financial Ombudsman Service (FOS) has appointed former Suncorp executive, Robert Belleville, as director for the service. Belleville previously worked at Suncorp as group executive of personal insurance and, prior to that, was chief executive at ...
Ripoll recommends investor compensation fund
MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... financial advice licensee failings. The committee received a number of submissions from the regulator and Financial Ombudsman Service (FOS), which highlighted the benefits of developing a compensation scheme for investors. "The scheme would bring Australia's ...
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