The Compensation Scheme of Last Resort has recommended excluding “but for” claims – where claimants haven’t suffered a capital loss – to help create a sustainable scheme. The CSLR’s long-awaited submission has also suggested improved PI insurance coverage standards and more legislative powers to broaden its ability to maximise all potential avenues to recovery compensation from firms.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Regulation