EDR

Policy & Regulation

While the Government and FOS have supported the single ombudsman scheme, the CIO has rejected the recommendation by calling it ‘vexing’....

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Financial planning

The Government has signalled its support for the recommendations of the special panel reviewing financial services external dispute resolution for a single body amalgamat...

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Financial planning

The FOS has used a report from the Financial Counselling Australia to argue that its processes should be the benchmark in any mergers of EDR schemes....

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Policy & Regulation

The Government’s review of financial services external dispute resolution has revealed overwhelming industry support for a last resort compensation scheme....

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Policy & Regulation

The Law Council of Australia claims few consumers are capable of pursuing disputes through FOS and other EDR providers without legal representation or advice....

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Superannuation

Superannuation funds put a strong argument to the Government for rejecting the FOS model of external dispute resolution and retaining the Superannuation Complaints Tribun...

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Big Feller

This can't be a surprising development. I'm sure every Financial Planner in Australia has had an experience of being sc...

16 hours ago
One foot out the door

Just 15 per cent of advisers said they may exit the industry over the next few years, Thats about 2,300 advisers! if ...

21 hours 28 minutes ago
Craig Offenhauser

I think Mr. Toohey's conclusions and extrapolations are "currently" merging on the typical SMSF issue of "....prone to ...

3 days 15 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago