AFCA must be appropriately funded to ensure they can provide an effective and efficient dispute resolution service to consumers and scheme members. The funding arrangements must be developed according to the principles of equity, transparency and accountability and the arrangements must completely avoid cross-subsidisation because it would be inequitable if members’ retirement savings were used to fund the resolution of disputes unrelated to superannuation.
aist_afcafm_sub_final.pdf
Download
- 212 KB