Will keep you informed SJlasx Firstly as a disclaimer I am not...

Will keep you informed SJlasx

Firstly as a disclaimer I am not saying there has been any inappropriate actions by AS, however any member has the right to complain under the corporations act

As you are aware, the corps act deals with regulated complaints through the IDR and EDR process

It also governs boards and conflicts of interest

To give you an overview of an EDR complaints process
AFCA will have much more governance oversight and breadth when investigating  an EDR complaint process and often liaise with ASIC if they find a breach of the corporations act has taken place.

For me personally the money is lost, however,  I, like many others want to make sure organisations follow their fiduciary duty and obligations as an AFSL holder under the corps act which gives the individual the right to make a complaint if they feel they have been disadvantaged in any shape or form

I am merely exercising my right