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Showing 1 - 3 of 3 results for "AFCA Member Forum"

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... the super fund must hold $10 million in assets to be treated as a wholesale investor," they told the recent AFCA Member Forum. "Further, Section 761G (7) - which sets out an assets, income or investment threshold wholesale test - specifically does not ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... consumer has not engaged with the trustees' IDR process and escalate straight to AFCA," he told the recent AFCA Member Forum. "This is not our preferred way of consumers engaging with AFCA. We would much rather they come to AFCA after they have engaged ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... Australian Financial Complaints Authority (AFCA). AFCA senior ombudsman Alex Sidoti used a case study at the recent AFCA Member Forum to highlight a grey area that advisers can overlook after one AFCA complainant, who was the corporate trustee of an ...
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