X
  • About
  • Advertise
  • Contact
  • Events
Subscribe to our Newsletter
  • News
    • Markets
    • Regulation
    • Super
    • M&A
    • Tech
    • Appointments
  • Podcast
  • Webcasts
  • Video
  • Analysis
  • Promoted Content
No Results
View All Results
  • News
    • Markets
    • Regulation
    • Super
    • M&A
    • Tech
    • Appointments
  • Podcast
  • Webcasts
  • Video
  • Analysis
  • Promoted Content
No Results
View All Results
No Results
View All Results
Home News Regulation

AFCA chases super complaints

The complaints authority has asked ASIC to allow the transition of any unresolved complaints from the soon-to-be-ended Superannuation Complaints Tribunal, over to its realm.

by Sarah Simpkins
November 4, 2020
in News, Regulation
Reading Time: 1 min read
Share on FacebookShare on Twitter

AFCA (the Australian Financial Complaints Authority) has made the proposal for the transition after public consultation and submissions from industry and consumer bodies. 

Since November 2018, AFCA has accepted new consumer complaints around super, taking over from its predecessor, the Superannuation Complaints Tribunal (SCT).

X

While the SCT no longer accepts new complaints, it has continued to work on complaints received before AFCA launched. 

The proposed change to the AFCA rules will allow it to accept and consider complaints that are not resolved by the SCT before it ceases operations at the end of the year. 

The SCT is said to have finalised the majority of the remaining complaints, but a number may not be finalised before it ends.

AFCA has said complaints that are not finalised will enter its dispute resolution process at the stage closest to where it reached with the SCT and all complaint files will be transferred over. 

AFCA would also be able to consider any matters before the Federal Court on appeal from the SCT that are not yet finalised.

Pending ASIC approval, the complaints ombudsman anticipates the rules will be released in January next year.

Related Posts

‘Worst monthly vibe’ for Bitcoin since 2022: BTC Markets

by Olivia Grace Curran
November 26, 2025

BTC Markets analyst Rachael Lucas has described the month as “a perfect storm”, with spot ETFs turning from net buyers...

Allianz flags India’s rising market power

by Olivia Grace Curran
November 26, 2025

The investment firm’s Outlook 2026: Navigate New Pathways report has highlighted India’s exceptionally favourable demographics are being matched by rapid...

Institutions back US equities and expand private market exposure

by Adrian Suljanovic
November 26, 2025

Australian institutional investors, particularly superannuation funds, have planned to maintain their exposure to US markets in 2026 while increasing their...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Global dividends hit a Q3 record, led by financials.

Global dividends surged to a record US$518.7 billion in Q3 2025, up 6.2% year-on-year, with financials leading the way. The...

by Capital Group
November 18, 2025
Promoted Content

Why smaller can be smarter in private credit

Over the past 15 years, middle market direct lending has grown into one of the most dynamic areas of alternative...

by Tim Warrick, Managing Director of Principal Alternative Credit, Principal Asset Management
November 14, 2025
Promoted Content

Members Want Super Funds to Step Up Security

For most Australians, superannuation is their largest financial asset outside the family home. So, when it comes to digital security,...

by MUFG Pension & Market Services
October 3, 2025
Promoted Content

Boring Can Be Brilliant: Why Steady Investing Builds Lasting Wealth

In financial markets, drama makes headlines. Share prices surge, tumble, and rebound — creating the stories that capture attention. But...

by Zagga
October 2, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Latest Podcast

Podcast

Relative Return Insider: Economic shifts, political crossroads, and the digital future

by InvestorDaily team
November 13, 2025
After more than two decades, InvestorDaily continues to be an institution that connects and influences Australia’s financial services sector. This influential and integrated media brand connects with leading financial services professionals within superannuation, funds management, financial planning and intermediary distribution through a range of channels, including digital, social, research, broadcast, webcast and events.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Us

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Markets
  • Appointments
  • Regulation
  • Super
  • Mergers & Acquisitions
  • Tech
  • Promoted Content
  • Analysis

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Markets
  • Regulation
  • Super
  • M&A
  • Tech
  • Appointments
  • Podcast
  • Webcasts
  • Promoted Content
  • Events
  • About
  • Advertise
  • Contact Us

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited