Ombudsman services (92 items)

'One stop' all EDR rot for CIO followers

A myriad of smaller financiers and fringe firms are gearing up for a lobbying campaign to block or reset the proposed "one stop shop" for dispute resolution.Six industry associations covering hundreds of firms aligned with the Credit and Investments Ombudsman scheme yesterday called on the government "to abandon its plans to establish a single monopoly EDR scheme."This pack fret that scheme costs of the "one stop shop" will be even higher than they now are at the Financial Ombudsman Service, the scheme of choice for big banks. read more

Briefs: Ramsay EDR review done, Walter on advice watch, Medcraft digs bank crowd challenge and more

A panel headed by Professor Ian Ramsay into external dispute resolution schemes, including the Financial Ombudsman Service, the Superannuation Complaints Tribunal and the Credit and Investments Ombudsman, has handed its final report to the Australian government.Andt he Australian government has appointed Cathy Walter (pictured) as the chair of a new body set up to "professionalise" the financial advice sector. read more

Page 5 of 9 | Total articles: 92