AMP, Asteron and Westpac have been singled out by ASIC for having higher than expected decline rates for total and permanent disability life insurance claims, […]
ANZ has rejected allegations by the financial regulator that $35 million in fees charged to customers for periodical payments between accounts was unlawful, saying the […]
ANZ has announced it will set aside an additional $485 million to remediate customers affected by its fees and interest calculations, just days after NAB […]
Westpac has offered an appeals court two more reasons to affirm its victory in a closely watched responsible lending case brought by the Australian Securities […]
A judge has refused a bid by two former Murray Goulburn executives to throw out a disqualification case brought by the Australian Securities and Investments […]
ASIC and other government regulators bringing enforcement action in the docket of one Federal Court judge must abide by a strict new protocol to prevent […]
Commonwealth Bank of Australia’s insurance unit, CommInsure, is facing 87 criminal charges for allegedly hawking life insurance products in unsolicited telephone calls. The Colonial Mutual […]
Comments made by the director of three firms accused of pushing life insurance onto vulnerable consumers during the banking royal commission may come back to […]
The Australian Securities and Investments Commission has won its bid to use evidence from US proceedings in its case against Rio Tinto alleging the mining […]
Payday lender Cigno is appealing the Australian Securities and Investments Commission’s first action under new powers to ban financial products that targeted its model of […]