All articles tagged with #processing delays
Many wealthy migrants who invested in Australia's golden visa programme are facing an uncertain future as the government has put the scheme on hold, causing processing times to increase. The delays have raised concerns that the programme may be scrapped, leaving investors in limbo. Some investors are unable to close their businesses and move on due to the uncertainty, leading to financial losses.
Seven Thrift Savings Plan (TSP) participants have filed a class-action lawsuit against the Federal Retirement Thrift Investment Board and Accenture Federal Services (AFS), along with AFS’ contracting partner Alight Solutions, for failing to provide the services required by the contract, industry standards, and federal law. The lawsuit comes a year after the major update to TSP, which caused severe technical problems and processing delays for loans, withdrawals, and death benefits. The plaintiffs are seeking damages and a declaration that FRTIB, AFS, and Alight are financially responsible for participants’ losses.