Life Insurance Code of Practice independent review releases Interim Report

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The Independent Reviewer of the Life Insurance Code of Practice (the Life Code), Peter Kell, has released an Interim Report setting out initial observations, findings and recommendations from the first

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Independent Life Code review interim report welcomed by Australia’s life insurers

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Australia’s life insurers have welcomed the release of the interim report on the independent review of the Life Insurance Code of Practice (Life Code). The review, led by highly respected financial sector expert Peter Kell, involves deep engagement with the community, consumer advocates and

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Independent review of the Life Insurance Code of Practice invites public feedback

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The independent review of the Life Insurance Code of Practice (the Life Code) has released a Consultation Paper, inviting feedback from key stakeholders and the public on how the Life

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Peter Kell to lead independent review of Life Insurance Code of Practice

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The Council of Australian Life Insurers (CALI) has appointed respected financial sector expert Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The

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Dr Deborah Ralston announced as Chair of the Household Capital Advisory Board

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Dr Deborah Ralston will take on the role of Chair of the Household Capital Advisory Board from May 2021. Dr Ralston is one of Australia’s preeminent thought leaders in financial

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ASIC releases guidance on code of ethics compliance schemes for financial advisers

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ASIC has released guidance on its proposed approach to approving and overseeing compliance schemes for financial advisers (RG 269). The financial advice professional standards reforms include obligations for financial advisers

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ASIC publishes a review of reverse mortgage lending

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A review by ASIC has found that reverse mortgages are allowing older Australians to achieve their immediate financial goals – improving their lifestyles in retirement – but longer-term challenges exist.

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ASIC warns consumers about paying high fees for credit repair and debt advice services

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ASIC is warning consumers about companies that claim they can fix a poor credit rating. ASIC is running a month-long campaign, with other Commonwealth, state and territory agencies, to help

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APRA and ASIC release new life-claims data

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The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published new data on life insurance claims and claims related disputes for the period 1

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Scammers turn up the heat on Australian investors

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During National Scams Awareness Week (21 – 25 May), ASIC is warning investors to be on high alert to investment scams. Figures released today from the ACCC’s Targeting Scams Report show

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