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Insurance

Life Insurance Code targets self-regulation

An independent committee will have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC).

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Read more: FSC,  Life Insurance Code of Practice,  Financial Services Council,  APRA,  ASFA,  Australian Competition,  Australians,  Code of Practice Trowbridge,  Consumer Commission for,  John Trowbridge,  Life Code Compliance Committee,  Life Insurance Framework,  Sally Loane