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Less than 1% of Dixon Advisory complaints have progressed

Hundreds of consumers with Dixon Advisory complaints are still waiting for updates months later as AFCA awaits the introduction of the Compensation Scheme of Last Resort before assessing them. ....

Australian Financial Complaints Authority , Dixon Advisory , Compensation Scheme , Last Resort , Best Leader Markets , Money Management , Financial Services Compensation Scheme , Last Resort Levy Bill ,

Super Alert - 2 December 2022: Financial sector Reform Bill passes; CPS 234 requirements; SDT project; AFCA death benefit determination

Welcome to the latest issue of the KHQ Super Alert. It was a big week in Parliament this week with four Bills passed and awaiting Royal Assent, and… ....

Suzanne Smith , Karen Chester , Margaret Cole , Senate Economics Legislation Committee , Advice Division Ren , Bt Funds Management Limited , Royal Assent , Annual Member Meeting , Financial Sector Reform Bill , Financial Accountability Regime Bill , Financial Services Compensation Scheme , Last Resort Levy Bill , Last Resort Levy , Executive Director Policy , Prudential Standard , Exit Planning , Super Alert , Climate Vulnerability Assessment , Chair Karen Chester , Full Court , Federal Court , Crimes Amendment , Penalty Unit , Treasury Laws Amendment , Future Your Super , Supplementary Explanatory Memorandum ,

Government's MIS review to focus on product providers

The government is providing additional funding to examine managed investment schemes. In Tuesday’s federal budget, the government allocated $2.7 million in 2022–23 for the Treasury to support rev ....

Maja Garaca Djurdjevic , Sarah Abood , John Maroney , Blake Briggs , Financial Services Stephen Jones , Financial Planning Association Of Australia , Financial Services Council , Reserve Bank , Financial Services Compensation Scheme , Last Resort Levy Bill , Financial Planning Association ,

Government opens consultation for Financial Accountability Regime Minister rules

The bill was released last week. The Albanese government has opened consultation for the Financial Accountability Regime Minister rules 2022 (Minister rules) after the bill was introduced last week t ....

Stephen Jones , Sean Carmody , Sarah Abood , Neil Griffiths , Financial Planning Association Of Australia , Hayne Royal Commission , Financial Services , Australian Institute Of Superannuation Trustees , Financial Accountability Regime Minister , Financial Accountability Regime , Financial Services Compensation Scheme , Last Resort Levy Bill , Australian Institute , Superannuation Trustees , Financial Planning Association , Minister Rules , Deputy Editor ,

Exclusion from CSLR leaves SMSFs at risk, warns SMSFA

A decision to exclude managed investment schemes from the CSLR means the scheme will fail to adequately protect consumers, the SMSF Association has warned. Last week the government tabled the Financ ....

Miranda Brownlee , Sarah Abood , John Maroney , Sterling Income , Australian Financial Complaints Authority , Senate Inquiry , Royal Commission , Parliamentary Joint Committee Inquiry , Dixon Group , Financial Services Royal Commission , Aboriginal Community Benefit Fund , Financial Services Compensation Scheme , Last Resort Levy Bill , Compensation Scheme , Last Resort , Managed Investment Schemes , Sterling Income Trust , First Nations , Aboriginal Community Benefit , Trio Capital ,