Search Results | Showing 1 - 10 of 20 results for "Shail Singh" |
| | | ... appropriate, well supported financial advice. That did not happen here," AFCA lead ombudsman investments and advice Shail Singh said. Singh noted that the adviser did not make adequate inquiries into the complainant's circumstances, failed to properly ... |
| | | | ... filed in relation to the collapsed schemes has increased to more than 1800, AFCA lead ombudsman investments and advice Shail Singh said in the update. Hence, adopting a lead decision approach is needed to resolve large numbers of similar complaints efficiently ... |
| | | | ... number of AFCA complaints grew by 100 from early November. At the time, AFCA lead ombudsman for investments and advice Shail Singh said while 1559 was a big number, he was concerned that AFCA had not received more given the total number of people affected. ... |
| | | | ... resolution scheme, despite some having chosen to become voluntary members. AFCA lead ombudsman for investment and advice Shail Singh said the updated guidance pledges better consumer protections when crypto and digital asset investments are involved. ... |
| | | | ... SMSF is still regarded as a retail investor if the fund's asset base is below $10 million, AFCA lead ombudsman Shail Singh and senior ombudsman for investments and advice Patrick Hartney say. "AFCA applies the law as it stands. This is spelled out ... |
| | | | ... and therefore does not account for potential gains or losses in other, suitable investments," AFCA lead ombudsman Shail Singh and senior ombudsman for investments and advice Alex Sidoti said. "We do use this approach, but rarely. If there is a scenario ... |
| | | | The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ... |
| | | | ... touched on the topic, lead ombudsman for investments and advice at the Australian Financial Complaints Authority (AFCA) Shail Singh explained the reasoning behind the test. "'But for' the failing of the adviser, where would the consumer have ... |
| | | | ... face or via video." Lead ombudsman for investment and advice at the Australian Financial Complaints Authority (AFCA) Shail Singh told delegates that he has not yet come across complaints involving advice documents produced by AI and may not. Ultimately ... |
| | | | ... paid 37 claims in total to date, which amounted to about $3.3 million. AFCA lead ombudsman for investments and advice Shail Singh, who also spoke at the event, said about 3000 complaints with AFCA will likely end up at the CSLR. In addition to the 2773 ... |
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