News News

Keep up to date with news that informs your practice and expands awareness of your client's rights.

Category: Regulations

Wednesday 29 May 2019

Chair's report - May 2019

By: Julie Barrow

In alternating issues of the Devil's Advocate, the FCRC Chairperson contributes a message to the sector. This month, Julie Barrow highlights some of the recent shifts by ASIC following the Banking Royal Commission, which aim to bring "fairness" to the financial services sector.

Wednesday 05 Jul 2017

FCRC's response to ASIC class orders consultation

Read FCRC's submission to the recent consultation on ASIC's financial counselling licensing relief class orders.

Tuesday 07 Feb 2017

Mis-selling of Debt Agreements

Financial counsellors and consumer lawyers are reporting cases where debt agreement administrators are signing consumers to debt agreements who have have limited income and no seizable assets. In these cases it is clear and unambiguous that this type of miss-selling should be banned. Read our case studies here.

Monday 19 Dec 2016

Debt vultures are preying on our clients

By: Kai Zauner-De Ville

Paid financial services can have a detrimental impact on those who are seeking a financial lifeline. Financial counsellor, Kai Zauner-De Ville, calls for regulations for debt vultures that prey on the financially vulnerable.