COMPLAINTS

Financial planning

The Australian Financial Complaints Authority reported it received over 13,000 phone enquiries in its first month of operation. ...

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Financial planning

The latest report of the Banking Code Compliance Monitoring Committee has revealed that the number of complaints relating to financial advice was barely discernible when ...

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Policy & Regulation

The Australian Securities and Investments Commission has issued a warning as credit representatives appear to be lagging on their obligations to join the Australian Finan...

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Financial planning

ANZ has confirmed that financial advisers reduce the number of complaints around life insurance at claims time....

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Financial planning

Financial services providers must clearly and explicitly explain to clients that they could seek assistance from FOS should the need arise to complain about a dispute....

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Editorial

The Government has commissioned a timely review of the external dispute resolution schemes covering financial services, but it should focus more on equity and effectivene...

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Policy & Regulation

ASIC deputy chairman, Peter Kell, has admitted that prior to issues around CommInsure, it had received few complaints about life insurance claims handling....

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Financial planning

Financial difficulty disputes declined by 12 per cent over the last 12 months despite the controversies engulfing the planning sector....

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