Government denies early FoFA debate
- published on 03/02/2012
- 0
Legislation for the Future of Financial Advice (FoFA) will not be debated prior to the Parliamentary Joint Committee on Corporations and Financial Services ... [more]
ASIC has proposed raising the cap on compensation that can be awarded by an external dispute resolution (EDR) scheme to $280,000, and allowing consumers with a complaint that exceeds a scheme’s compensation cap to waive the excess to access the scheme.
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