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FAAA concerned over CSLR's escalating costs

In its pre-budget submission, the FAAA has expressed its concern over the “extremely disheartening” costs of the Compensation Scheme of Last Resort potentially being passed on to financial advisers. ....

Melissa Caddick , Superannuation Services , Financial Advice Association Australia , Australian Financial Complaints Authority , Australian Taxation Office , Compensation Scheme , Last Resort , Dixon Advisory , Reduced Input Tax Credits ,

Curreen Capital Q4 2023 Investor Letter

Curreen Capital Q4 2023 Investor Letter
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New Zealand , United Kingdom , Igor Kutyaev , Christian Ryther , Curreen Capital , Advance Auto Parts , Vf Corp , Mitsubishi Ufj , Advantage Solutions , Link Administration , Superannuation Services , Corporate Markets , Curreen Capital Partners , Private Placement Memorandum , General Partner , Seeking Alpha ,

CSLR board appoints former UniSuper CEO

The transitional board of the Compensation Scheme of Last Resort has appointed former UniSuper chief executive Kevin O’Sullivan, as a former AFCA director steps down. ....

Delia Rickard , Kevin Osullivan , June Smith , Peter Chun , Fund Executive Of The Year , Australian Financial Complaints Authority , Superannuation Services , Fund Executive Association Limited , Russell Investment Group , Compensation Scheme , Last Resort , Australian Financial Complaints , Fund Executive , Dixon Advisory ,

CSLR estimates $241m to fund backlog of complaints

The board of the Compensation Scheme of Last Resort (CSLR) estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022. ....

Taylor Fry , Australian Financial Complaints Authority , Superannuation Services , Compensation Scheme , Last Resort , Dixon Advisory , Finity Consulting ,

How big is the first CSLR levy?

The estimated sum for the initial Compensation Scheme of Last Resort levy has been calculated, with the regime expected to start receiving claims in April. ....

Taylor Fry , Investments Commission , Australian Taxation Office , Superannuation Services , Australian Financial Complaints Authority , Compensation Scheme , Last Resort , Dixon Advisory , Finity Consulting , Federal Parliament , Federal Register , Australian Securities ,