APRA and ASIC publish information package to oversee implementation of FAR, a new regime which aims to improve transparency and accountability in the insurance, banking, and superannuation sectors.
The Australian regulator initiated civil proceedings against IAL and IMA for allegedly misleading customers about loyalty discounts on home insurance policies.
ASIC said it created the orders to protect consumers acquiring pet insurance products that may not be consistent with their objectives, financial situation, or needs
