financial ombudsman service

The Government has taken the first step towards imposing a compensation scheme of last resort on the financial...

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

The Government has committed to paying unpaid Financial Ombudsman Service determinations impacting consumers and...

Professional indemnity insurance premiums are rising because fewer insurers are participating in the market and...

A senior dealer group chief executive has lambasted the Royal Commission’s call for a compensation scheme of last...

The new ombudsman vows to “proactively work with consumers, small business and the financial services sector to...

While there has been plenty of debate around risk insurance advice, Col Fullagar argues that a more important...

The number of investors in the potential class action against Sandhurst Trustees may balloon out to 180 as lawyers...

Macquarie Group will compensate 80 clients, or around 13 per cent of cases reviewed in its client remediation work...

The Financial Ombudsman Service (FOS) has again pointed to the inadequacy of professional indemnity insurance, as...

FOS has reduced its backlog of cases but unpaid determinations have climbed for the third reporting period in a...

The major industry funds groups want ASIC to receive better budgetary resourcing to regulate financial planners.

The Macquarie Group has announced a $678 million half year profit with its banking and financial services and...

FOS chief obudsman, Shane Tregellis rejects calls for a limit to its monetary jurisdiction and claims those urging...

The number of PI insurance providers is likely to grow but planners have been warned that not every service they...