Search ResultsShowing 1 - 10 of 81 results for "Financial Ombudsman Service"
AFCA looks to expand senior ranks
KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... November 2018, the authority replaced three pre-existing external dispute resolution schemes: the Financial Ombudsman Service, the Credit and Investments Ombudsman, and the Superannuation Complaints Tribunal. As of June, AFCA has helped launch more than ...
AFCA delivers $83 million win
ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... membership and therefore may be in breach of their licence applications. Those previous schemes were the Financial Ombudsman Service, Credit and Investments Ombudsman and Superannuation Complaints Tribunal. ASIC intervened with these potentially non-compliant ...
ASIC approves AFCA rules change
ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... the current AFCA scheme. "However, there will also be many matters that were never lodged with the Financial Ombudsman Service, the Credit and Investments Ombudsman or the Superannuation Complaints Tribunal that may now be brought to us," Locke added. ...
New AFCA remit not enough: Law firm
KANIKA SOOD  |  MONDAY, 17 JUN 2019
... operating in November last year, taking over the external dispute resolution previously handled by the Financial Ombudsman Service, the Credit and Investments Ombudsman and Superannuation Complaints Tribunal.
FASEA welcomes new directors
HARRISON WORLEY  |  MONDAY, 8 APR 2019
... inception, and was appointed to the board after spending four years as a director of its predecessor, the Financial Ombudsman Service (FOS). Previously, Freeman spent more than a year as a director of the Australian Competition and Consumer Commission ...
Budget: RC response to cost over $600m
HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... business who remain unpaid over dispute resolution determinations made by legacy mechanisms such as the Financial Ombudsman Service. The Financial Services Reform Implementation Taskforce set up within Treasury to carry out the Government's responses ...
FPA disciplines two members
HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... complaint in November 2017. The CRC found Bainbridge fabricated documents issued from her practice to the Financial Ombudsman Service in response to the client complaint. Despite not actually fabricating the documents, Bainbridge accepted responsibility ...
TAL and Zurich lead inflows, CommInsure lags: Strategic Insights
KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... (-0.7%). CommInsure said in the Royal Commission round examining life insurance that it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process. ...
AFCA creates small businesses ombudsman role
KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... be when their financial disputes are not fairly resolved. On 1 November 2018 , AFCA replaced the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal as the one-stop-shop for financial dispute r ...
One-stop complaints shop opens
DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... will have significantly higher monetary limits and compensation caps than were available under the Financial Ombudsman Service (FOS) and Credit and Investments Ombudsman (CIO)." It will be able to hear consumer complaints where the value of the dispute ...
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