Thursday, July 28, 2016

Optus is most complained-about telco again



Complaints to telcos are on the rise following an all-time low just seven months ago.

The Telecommunications Industry Ombudsman (TIO) calculates complaints from landline, mobile and internet services from residential and small businesses by measuring the amount of new complaints for every 10,000 services-in-operation for Australia's five biggest telcos.

During the quarter from April to June 2016, the TIO received an average of 6.4 new complaints for every 10,000 services. The average complaints in the previous quarter was 6.2.

The TIO noted that complaints historically drop during the second quarter.

Optus once again received the most complaints with 7.7 for every 10,000 services, followed by Telstra with 6.8, Vodafone with 3.8 and Pivotel with 1. However, Optus has shown signs of improvement since last year, fielding 8.5 complaints from April to June in 2015.

Australia's fourth-largest telco Amaysim was once again the least complained-about telco with only 0.8.

Complaints have fallen by 1.5 per 10,000 services year-on-year since the TIO began publishing its data in 2013, reaching an all-time low of 4.8 from October to December of 2015.


https://www.crn.com.au/news/optus-is-most-complained-about-telco-again-431790

Tuesday, July 12, 2016

Optus Is Refunding $2.4 Million To Mobile Insurance Customers



ASIC raised concerns about Optus' compliance with Australian financial services laws, and now the telco is refunding approximately $2.4 million (including interest) to around 175,000 Optus mobile customers.

ASIC's concerns arose after Optus reported a breach about its failure to provide certain customers with a Product Disclosure Statement and a Financial Services Guide. This breach affected customers who purchased mobile phone insurance in store or by phone, and occurred over a number of years. As a result, many customers may not have been aware of certain key features and limitations of the insurance that they purchased.

Following ASIC's inquiries, Optus reported four further breaches where customers did not receive one month free insurance under a promotional offer they were entitled to, were incorrectly charged a premium for insurance during a "rain-check" period, were not provided with the required information before purchasing an insurance policy over the phone (e.g. information about excesses and cooling-off rights) and were issued the wrong cover.

Some customers received "Device Insurance" cover instead of the more favourable and less expensive "Yes Cover".

ASIC was concerned that these breaches indicated that Optus had inadequate compliance systems and processes, such as training, monitoring and supervision of staff.

Optus will be writing to all customers who may be affected. Where overcharging has occurred, Optus will take steps to contact past customers and will compensate current customers by a direct credit to the customer's account, which will include interest. Optus is also proposing to pay amounts owing to former customers who cannot be located to a charity assisting with financial literacy.

In response to ASIC's concerns, Optus has appointed an independent external firm to conduct a comprehensive review of its compliance functions to ensure ongoing compliance with its Australian financial services licence obligations.

ASIC Deputy Chairman Peter Kell today welcomed the steps taken by Optus to compensate affected consumers.

"It is important that when a business is licensed by ASIC to sell financial products to retail consumers, it ensures that it does so consistently with the representations it has made to consumers, and in compliance with the financial services laws," Kell said. "Where consumers have suffered a detriment, it is important that remediation is undertaken, and that steps are taken to ensure that the business is operating in compliance with the relevant legal obligations."

Consumers who purchased mobile phone insurance from Optus and who think they may be affected by these breaches should contact Optus on 1800 854 349 (Mon to Fri 8am-6pm).

https://www.gizmodo.com.au/2016/07/optus-is-refunding-2-4-million-to-mobile-insurance-customers/