Search Results | Showing 1 - 10 of 11 results for "Loan Protection" |
| | ... insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleged between 2011 and 2015, CBA made false ... |
| | | ... insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleges that between 2011 and 2015, CBA ... |
| | | ... non-compliant product and remediate customers by an agreed deadline. In July 2017 OnePath self-reported its ANZ Loan Protection Insurance product as non-compliant with the Code, but continued to sell the product for a further 19 months until February ... |
| | | ... penalty announced in June. The provision is in addition to its remediation provisions for Credit Card Plus, Personal Loan Protection and Home Loan Protection insurance. Finally CBA will put $55 million towards transaction and separation costs in relation ... |
| | | ... Comyn on CBA's poor selling practices, specifically on consumer credit insurance, and home loan and personal loan protection products. Comyn said the process of remediation is still underway, with $10.5 million repaid to affected customers and another ... |
| | | ... when the review will be completed. Freedom deals in funeral, accident and life insurance, as well as income and loan protection. It is closely linked to boutique dealer group, Spectrum Wealth Advisers. Freedom will face the sixth round of the Royal Commission ... |
| | | ... criteria as it brings significant new capability and management resources; accelerates our product diversification in loan protection and term life; and makes financial sense for shareholders. It would take years for us to replicate the St Andrew's infrastructure," ... |
| | | ... about 65,000 customers, with an average refund of approximately $154 including interest. - Refund for some Home Loan Protection insurance customers - in 2016, CBA identified that some customers who had purchased Home Loan Protection insurance had been ... |
| | | ... refunding approximately $586,000 in premiums to about 10,000 customers after it over-insured these customers for Home Loan Protection CCI taken out with a Commonwealth Bank home loan, resulting in the over-charging of premiums. ASIC deputy chair Peter ... |
| | | ... customers will receive notification from Westpac that they are eligible for refunds, the bank having charged them for loan protection insurance in periods where they did not intend to be covered. The ASIC review covered customers who took out Mortgage ... |
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