AFCA
33 results tagged AFCA:
Compensation scheme for financial misconduct victims begins
The new Compensation Scheme of Last Resort is set to pay out millions in coming years, including to former Dixon Advisory clients.
Financial complaints hit record high
The Australian Financial Complaints Authority received a record 102,790 complaints last year. Staff say that number is unsustainable.
China to offer home loans to 80-year-olds
Banks in China offer home loans to 80-somethings, plus how much can you really save living at home? Here are five things you may have missed.
Aussies paid $900m under new financial complaints body
Aussies have taken home almost $900 million in compensation and refunds since the Australian Financial Complaints Authority opened its doors in November 2018.
Former Dixon Advisory clients flood AFCA with complaints
The Australian Financial Complaints Authority has warned of delays after receiving more than 1600 complaints from former clients of Dixon Advisory.
Ask Paul: A financial planner sold off my dad’s portfolio without permission
Jen's elderly father had $100,000 invested in shares and managed funds, until a financial planner sold it off - without permission.
Where to get help if you’re struggling to pay your bills
Finding it tough to make ends meet? Here's where you can turn for help, from food relief to a no-interest loan to replace a dying washing machine.
ASIC suspends Dixon Advisory financial services licence
ASIC has suspended the Australian financial services licence of Dixon Advisory for alleged conflicts, best interest failures and inappropriate advice.
Help, I transferred money to the wrong bank account
Internet banking is supposed to make it easy to move money, but if you slip up and transfer it to the wrong account, getting it back can be impossible.
How to avoid falling for an investment scam
Can you recognise the red flags that are the mark of an investment scam? Being able to spot them could stop you from losing thousands.
