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Insurance

PJC doubts life insurance industry can self-regulate

A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC.

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Read more: PJCFSCASICLife Insurance IndustryParliamentary Joint CommitteeAFCAAustralian Financial Complaints AuthorityBanking Executive Accountability RegimeBEARClearViewFinancial Services CouncilFSC Life Insurance Code of PracticeMartin FahySimon Swanson