AFCA

Policy & Regulation

Government backs ASIC on product intervention

The Federal Government has thrown its support behind the move to give ASIC regulatory powers to ban the distribution of products it believes would cause harm....

Superannuation

SCT still being starved of funding

Under-funding of the Superannuation Complaints Tribunal means it could still be clearing a backlog up to four years after the establishment of the Australian Financial C...

Policy & Regulation

Should AFCA determinations be open to appeal?

Determinations by the Government’s new Australian Financial Complaints Authority should be open to appeal to the courts, according to a submission received by the Senate ...

Policy & Regulation

AFCA won’t provide better outcomes

The creation of the Australian Financial Complaints Authority will not address or prevent financial scandals and will cost an extra $9.2 million, according to CIO....