Data on the outcomes of life insurance claims will not only help individual customers but also financial advisers and super funds acting on behalf of consumers.
The Financial Services Council code of conduct for life insurance is the industry's last chance to reform before the government steps in.
The life insurance industry has been put on notice about its commissions.
Because doctors are so powerful, it is essential they _always_ use their skills and authority to act in their patient’s best interests.
If ASIC gets its way and 'conduct risk' is regulated, banks might get serious about systematic problems.