Debt agreement administrators (DAAs) to be AFCA members by 1 January 2021

AFCA publishes details of non-compliant members

The Australian Financial Complaints Authority has today published the details of 842 financial firms who have failed to pay their AFCA membership levy and/or other fees. These financial firms and authorised credit representatives have been expelled from membership of AFCA.

LCCC publishes annual industry data and compliance report

AFCA publishes details of non-compliant members

General Insurance CGC publishes Living the Code report

AFCA amends rules to reflect COVID-19 small business relief measures

The Australian Financial Complaints Authority (AFCA) has made changes to its rules which will affect how it deals with complaints from small business owners regarding certain COVID-19 relief measures.

CGC publishes annual report on general insurance in Australia

On 5 May 2020, the Code Governance Committee (CGC) published its annual report on the Australian General Insurance Industry.

AFCA releases new income protection benefits in superannuation factsheet

AFCA pauses complaints against insolvent financial firms 

AFCA and its predecessors have been strong supporters of a compensation scheme of last resort (Compensation Scheme).

Statement on Sterling complaints

The Australian Financial Complaints Authority (AFCA) has received a number of complaints about the Sterling Group of companies.

Coronavirus disease (COVID-19) outbreak information

AFCA supports the current exemption for claims handling in insurance cases being removed, so it is treated as a 'financial service'