Skip to content
Finance Investment

CSLR welcomes appointment of Chair and scheme commencement date

CSLR Ltd < 1 mins read
Chair of CSLR Ltd, Jo-Anne Bloch

27 February 2024

The Compensation Scheme of Last Resort (CSLR) acknowledges the announcement yesterday from the Australian Government, appointing our independent Chair and the official scheme commencement date.

CSLR welcomes Jo-Anne Bloch as our inaugural Chair, marking the completion of the CSLR Board.  Ms Bloch was independently appointed by the Minister, in accordance with legislation, and commenced on 1 February 2024. 

The Board thanks Transitional Board members Mr Andrew Fairley, Dr June Smith and Mr Justin Untersteiner for their significant contribution to the establishment of the CSLR.

Ms Bloch is an accomplished leader with well-rounded experience and is an invaluable addition to our three-person board.  Ms Bloch will be joining recently appointed Board members Delia Rickard and Kevin O’Sullivan, along with David Berry as CEO of the scheme. 

This is another important step forward in the establishment of CSLR in ensuring victims of financial services misconduct have access to redress and compensation.

From 2 April 2024, consumers will be able to lodge claims for compensation under the Compensation Scheme of Last Resort (CSLR).

The CSLR will provide compensation of up to $150,000 to eligible consumers who have an unpaid determination from the Australian Financial Complaints Authority (AFCA) relating to the provision of personal financial advice, credit intermediation, securities dealing and credit provision.

You can read more about the CSLR here.

 


Contact details:

media@cslr.org.au

Media

More from this category

  • Finance Investment
  • 24/04/2024
  • 20:37
Hut 8 Corp.

Media Advisory: Hut 8 to Release Q1 2024 Results May 15

Q2 2024 results expected to be released on August 13, 2024MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will review first quarter results via a conference call on Wednesday May 15, 2024.Who:Analysts, media, and investors are invited to attend.What:Hut 8 executives will comment on recent corporate developments and review the Company’s financial results for the first quarter of 2024.When:Results will be shared via media release and on the Company’s website at https://hut8.com/investors/ on…

  • Finance Investment, Oil Mining Resources
  • 24/04/2024
  • 14:48
Zenith Minerals Limited (ASX:ZNC)

Zenith Minerals Limited (ASX:ZNC) Reports Strong Progress and Strategic Developments in Q1 2024

PERTH, WA, April 24, 2024 — Zenith Minerals Limited (ASX:ZNC) is pleased to announce its activities and achievements for the first quarter ending March 31, 2024, emphasising significant strides in its lithium and gold projects, alongside strategic corporate developments. Strategic Review and Investor Engagement in Lithium Sector Zenith has engaged Azure Capital to assist in a strategic review of its lithium operations, exploring potential partnerships and investments. Despite a downturn in lithium prices, which have fallen by 85% over the past year, Zenith continues to attract interest from potential strategic and financial investors, underscoring the long-term positive outlook for lithium…

  • Contains:
  • Finance Investment, Transport Automotive
  • 24/04/2024
  • 11:33
Donington Auctions

$2.5 million private collection to headline Donington’s May auction

A bespoke private collection of British classic cars projected to bring more than $2.5 million will headline Donington Auctions’ next auction event on 19…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.