AFCA

Policy & Regulation

The Australian Financial Complaints Authority wants any new compensation scheme of last resort to cover the whole industry, including Managed Investment Schemes, and to b...

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Financial planning

It would be reasonable to have all Australian Financial Complaints Authority members pay for and be covered by the new scheme, according to a law firm....

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Financial planning

AMP is partnering with its advisers to offer free financial advice to Australians who suffered loss due to the recent bushfires....

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Financial planning

There has been no shortage of consumers and small businesses looking to file legacy complaints with the Australian Financial Complaints Authority, with data suggesting le...

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Financial planning

The Government has taken the first step towards imposing a compensation scheme of last resort on the financial advice sector, raising key questions about the future relev...

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Financial planning

The Australian Financial Complaints Authority has announced dedicated support for bushfire victims across New South Wales, South Australia and Victoria....

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Financial planning

The Australian Securities and Investments commission has cancelled the Australian financial service licence of KP International Group Australia due to resignation of all ...

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Financial planning

Businesses and farmers with facilities over $5 million are now in a worse financial position than parties with credit facilities under $5 million who are able to seek com...

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Financial planning

In the aftermath of the Australian Financial Complaints Authority outlining its approach to the Financial Adviser Standards and Ethics Authority code of ethics, questions...

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Financial planning

The Australian Financial Complaints Authority has said it will take the Financial Adviser Standards and Ethics Authority code of ethics into account in making its determi...

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People & Products

Datacube will allow consumers and organisations to track results of complaints against financial firms by the Australian Financial Complaints Authority....

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People & Products

Justin Untersteiner has been appointed by the Australian Financial Complaints Authority as chief operating officer....

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Financial planning

The authority handled over 70,000 complaints signalling there is more to be done to restore faith in financial services....

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Financial planning

The Association of Financial Advisers has recommended a limited advisory role for the Tax Practitioners Board in the advice space while, at the same time, pointing to maj...

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Policy & Regulation

The Australian Financial Complaints Authority has called for a radical escalation of the proposed prohibition on unsolicited telephone sales, urging a ban on all unsolici...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 20 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago