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ASIC has released IDR reporting documents, which will be tested in a pilot involving financial firms from across relevant industry subsectors in late 2021
OnePath Life Pty Ltd (OnePath) is remediating up to $35 million to over 40,000 customers who were sold life insurance policies over the phone between 2010 and 2016
ASIC has obtained urgent interim orders in the Federal Court against Alliance Insurance Broking Services Pty Ltd and its sole director Renato De Maria
ASIC has commenced proceedings against AMP for charging premiums and advice fees to deceased customers
The Australian Securities and Investment Commission (ASIC) has released its latest enforcement update report for the period 1 July to 30 December 2020
ASIC is encouraging small businesses to contact their broker or insurer and ask whether their business interruption policy covers COVID-19 related losses.
ASIC consultation on implementing a deferred sales model for add-on insurance products
NIBA CEO, Dallas Booth has urged action on Design and Distribution Obligations (DDO) legislation
The Federal Court of Australia has found that TAL Life Limited breached its duty to act with utmost good faith under the Insurance Contracts Act
ASIC has commenced proceedings in the Federal Court against Statewide Superannuation Pty Ltd