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AFCA made a submission to the Senate Inquiry into the resolution of disputes with financial service providers within the justice system.
The Australian Financial Complaints Authority (AFCA) warmly welcomes the Government’s announcement to extend AFCA’s remit to review eligible financial complaints dating back to 1 January 2008.
AFCA has activated its significant event response plan following the Townsville Inundation being declared a catastrophe on 4 February 2019 by the Insurance Council of Australia.
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry handed down its final report to the Governor-General on 1 February 2019.
AFCA has activated its significant event response plan following the Sydney Hail Storms on 20 December 2018.
Due to outstanding fees the AFCA membership application of 86 organisations have now been cancelled.
AFCA has provided a submission to the inquiry into ‘Credit and financial services targeted at Australians at risk of hardship’ by the Senate Economics References Committee.
Both the Melbourne and Sydney AFCA offices will be closed from Monday 24 December to Friday 28 December and on Tuesday 1 January 2019.
AFCA and SCT have been working collaboratively during the last six months to ensure there are appropriate transition arrangements in place for the effective handling of superannuation disputes immediately prior to and after 1 November.