Most Recent
APRA slaps Allianz with extra $250M capital requirement over risk management issues
Financial Services August 14, 2019 4:36 pm By Amelia Birnie

Insurance company Allianz Australia will need set aside an extra $250 million in capital until it strengthens its risk management, making it the fifth financial […]

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ASIC puts banks on notice after review shows ‘extremely poor value’ of credit insurance
Financial Services July 11, 2019 6:47 pm By Amelia Birnie

The corporate watchdog has warned “robust” enforcement action is on the cards for banks and lenders, after a review found consumer credit insurance policies to […]

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NAB super fund trustee faces $100M class action over excessive fees
Class Actions July 10, 2019 11:32 am By Miklos Bolza

A NAB-owned trustee is facing a possible class action over $100 million in allegedly excessive fees charged to super fund members. Law firm William Roberts, […]

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Royal commission class actions pile up, with more on the way
Class Actions June 18, 2019 2:56 pm By Christine Caulfield

While no means a flood, the class actions filed in response to the shocking evidence of misbehaviour at last year’s banking royal commission have been […]

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Judge allows expanded insurance class action against NAB
Class Actions June 13, 2019 3:07 pm By Christine Caulfield

A judge has granted a bid by the applicant in a class action against National Australia Bank over the sale of allegedly worthless credit card […]

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NAB may face beefed up class action over ‘worthless’ insurance
Class Actions June 12, 2019 3:55 pm By Cat Fredenburgh

Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of “worthless” credit card insurance to include […]

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