Search Results | Showing 21 - 30 of 44 results for %22FSC Life Insurance Code of Practice%22 |
| | | ... definitions, customer communication timeframes and mental health - are either already included in the FSC Life Insurance Code of Practice or will be adopted in the second iteration. ASFA chief executive Martin Fahy also said many of the PJC's recommendations ... |
| | | | ... warning that "where industry cannot or will not act, the government will step in and will take action." "I understand that the FSC are working on their own code and it must deliver meaningful change on difficult issues. It must materially improve outcomes ... |
| | | | ... executive Sally Loane said: "Following significant change last year that saw the introduction of the first FSC Life Insurance Code of Practice, the life insurance industry continues to progress a strong consumer reform agenda in 2018." The awards recognise ... |
| | | | ... regulatory and consumer stakeholders to embed, uphold and enhance the high standards enshrined in the FSC Life Insurance Code of Practice." The LCCC was launched alongside the Life Insurance Code of Practice in mid-2017. The code includes disclosure ... |
| | | | ... for life insurance approved product lists. From 1 July 2018, Australian financial service licencees who are members of the FSC will be required to include three or more life insurers on their APL. On top of this, unless the APL is "open" - that is to ... |
| | | | ... limits of the Financial Services Council Life Insurance Code of Practice which doesn't cover group insurance. CommInsure, an FSC member, has adopted the code. AMP appeared at the last hearing said it intends to sign up to the FSC Code of Practice as ... |
| | | | ... customers impacted by a major illness, such as cancer and stroke. Clark said: "We look forward to continuing to work with the FSC, other life insurance industry members and superannuation fund trustees on the next iteration of the code to continue driving ... |
| | | | ... consultation with medical professionals; they will be regularly reviewed and updated to ensure their ongoing relevance. All FSC members will be required to adhere to these definitions, along with the rest of the Code, which includes disclosure improvements ... |
| | | | ... good faith, strict disclosure and capital adequacy rules, and the financial adviser best interest duty," Loane said. "The FSC strongly believes further regulation would be unnecessary. Self-regulation is an efficient way to bring about pro-consumer changes ... |
| | | | FSC chief executive Sally Loane believes financial services laws are "locking down" the industry and consumers into out-dated products. Speaking at the FSC State of the Industry address in Sydney, Loane said the problem is embedded to the extent where ... |
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