Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 319 results for "Australian Financial Complaints Authority"

AFCA raises concerns over advice sector in systemic issues report

RIDDHIMA TALWANI  |  TUESDAY, 6 OCT 2026
The Australian Financial Complaints Authority (AFCA) has released its bi-annual Systemic Issues Insights Report, which outlines systemic issues identified and markers of excellence observed for the second half of the 2025-2026 financial year. AFCA's ...

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
... InterPrac's creditors, including its liabilities in relation to complaints sitting with the Australian Financial Complaints Authority (AFCA) regarding the collapse of the Shield and First Guardian Master Funds. The loss from the managed investment ...

Stay up to date with regulatory compliance at the FAAA Congress

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
... remainder of the year, while shedding some light on the ongoing developments from the Australian Financial Complaints Authority (AFCA) and the Compensation Scheme as Last Resort (CSLR). This year's congress, themed 'EXPLORE,' reflects the ...

Australian Fiduciaries auditor suspended for three years

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
... currently in liquidation, following its inability to pay the amount determined by the Australian Financial Complaints Authority (AFCA). "ASIC has consistently highlighted the importance of robust valuation practices, governance and audit quality, including ...

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
... and First Guardian between July and August 2023. FSGA is currently in liquidation. The Australian Financial Complaints Authority recently finalised its lead decision for the business, finding that the firm provided inappropriate advice that led to financial ...

AFCA consults on rule changes under upcoming scam framework

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
The Australian Financial Complaints Authority (AFCA) is seeking feedback on proposed changes to consider scam-related complaints under the Scam Prevention Framework (SPF) that will come into effect early next year. The government passed the Scams Prevention ...

AFCA moves to reinstate APT Strategy, opens doors for victims

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
... The Australian Fiduciaries-linked APT Strategy has been reinstated as a member of the Australian Financial Complaints Authority (AFCA), paving the way for victims to come forward. AFCA today announced APT Strategy, which is in liquidation, is once again ...

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... InterPrac to pay the sums, which were calculated based on determinations set by the Australian Financial Complaints Authority (AFCA), in a holding account with the Federal Court. Melinda Kee lost $380,000 of her retirement savings when she invested it ...

Former director jailed for misuse of $1.75m

VINNY VUCAGO  |  TUESDAY, 11 AUG 2026
... accounts. At the time, he was aware the company was in a dire financial position, with Australian Financial Complaints Authority determinations against the business exceeding $1 million and clients awaiting refunds totalling about $11.3 million. One ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
... is suspended, GFA can continue to operate for the limited purposes of maintaining its Australian Financial Complaints Authority (AFCA) membership, holding professional indemnity insurance, and complying with written notices issued by ASIC. "Prior to ...
PREVIOUS
NEXT