The proposed user-pays model from the Australian Financial Complaints Authority followed industry feedback and would see 98% of investment and advice members pay only a $376 annual registration fee.
The complaints body has claimed its new proposed user-pays funding model would reduce costs for small broker and financial adviser firms. The Australian Financial Complaints Authority (AFCA) has opene
Gary Dransfield will join the board of AFCA from next year. The Australian Financial Complaints Authority has announced the appointment of Gary Dransdield to its board for a three year term beginning