AFCA

33 results tagged AFCA:

Super funds ‘saved their own skins’ at expense of members

Senator Jane Hume has slammed super funds for creating rainy day funds to pay for misconduct penalties out of Aussie retirement savings.

Why ethical investors are ditching BNPL stocks

While shoppers are flocking to buy now pay later services, some super funds and managed funds are divesting or avoiding them altogether.

Managing your money after a cancer diagnosis

People affected by cancer often struggle with their finances when the disease becomes overwhelming. A Cancer Council NSW program is trying to change that.

A loophole means investors can’t complain about ‘Ponzi scheme’

Mayfair 101 investors whose life savings were frozen amid ASIC proceedings cannot lodge their objections with the Australian Financial Complaints Authority.

The companies charging Aussies for refunds they are owed

First they were ripped off by banks and insurers. Now Aussies entitled to refunds are being targeted by companies promising to get them a refund - for a fee.

How super funds gave non-smokers a raw deal

Several superannuation funds were pinged for wrongly classifying more than 156,000 new members as smokers. Yet not all super funds have offered compensation.

Child support, casual work: what banks want to know before you borrow

Banks will need much more than just a payslip before loaning money under new responsible lending guidelines.

Financial hardship is Australia’s silent killer and it’s on the rise

Financial hardship affects thousands of Australians and the Salvation Army is stepping up its fight to help.

Thousands more ripped off customers eligible to claw back money

Thousands more customers ripped off by banks, insurers, financial planners and super funds will be able to claw back money now that AFCA has broadened its scope.

Your rights when it comes to dealing with debt collectors

Debt collectors can receive substantial fines for trespassing or for harassing you, so just when - and how often - can they contact you?
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