Australian Securities and Investments Commission - 14-263MR Higher standards needed for life insurance industry

Log in / Sign up. An ASIC review of life insurance advice has found that the industry needs to improve the quality of advice and ensure that the interests of consumers are given priority. ASIC's report confirmed that the high rate at which life insurance policies are lapsing warrants consideration by the life insurance industry to ensure that industry practices are sustainable.

Source: http://media.australia.gov.au/notify/click.cgi?url=http%3A%2F%2Fwww.asic.gov.au%2Fasic%2Fasic.nsf%2Fbyheadline%2F14-263MR%2BHigher%2Bstandards%2Bneeded%2Bfor%2Blife%2Binsurance%2Bindustry%3FopenDocument&collection=releases&rank=7&auth=bq78opH8pUzLZu3i8SJoBg

cnn news live keighley news sun news news now newcastle