BizCover has launched a Chinese language version of its website in a bid to reach the Australian Chinese SME community. Close to...
Robo-advice consultation paper r ...
With robo-advice expected to increasingly offer Australian consumers access to cheap financial advice, a consultation paper has been released.
Life insurance scandal prompts i ...
Some of the life insurance industry’s biggest players have set up their own internal reviews after ASIC launched an investigation into CommInsure.
ARs not “independent”
A corporate authorised representative of Suncorp has been forced by ASIC to stop using the word "independent" for marketing purposes.
Improvements for home insurance
Insurers have made a swag of improvements to help their home insurance customers make better decisions.
ASIC comes down on insurer
ASIC has slugged major insurer ACE with a $1 million payout after an in-depth investigation.
Insurers warned against taking c ...
ASIC is calling on insurers to lift their game after two separate reports found confused car buyers are being pressured into expensive add-on insurance.
Former insurance adviser permane ...
A former Victorian insurance adviser has been permanently banned from providing financial services after prioritising his own interests ahead of clients.
Insurer pulled up on adverts
An insurer has been pushed to remove misleading promotional statements from its website after ASIC raised concerns regarding the advertisements’ accuracy.
Insurer cops penalty
An insurance company has paid a $10,200 penalty after ASIC issued an infringement for misleading advertisements of an income protection product.
Bank refunds bungled premiums
One of Australia’s major banks will be offering refunds on insurance premiums to more than 10,600 customers.
Licensing fee increases looming
Broker licence fees could increase 13-fold under controversial proposals being mooted as part of ASIC's funding overhaul.
ASIC cans licence, bans broker
A group of broking firms has lost its financial services licence, while ASIC has also banned a life insurance adviser for offering...
Financial planner banned
A senior financial planner has been permanently banned from the financial services industry following a series of fraudulent insurance policy proposals.