ASIC

ASIC prohibits cold calls for sale of life-insurance policies

The Australian Securities and Investments Commission (ASIC) has banned life insurers from making cold calls to prospective customers in Australia…

ASIC orders Allianz to return consumers A$8m for mis-selling credit insurance

The Australian Securities and Investments Commission (ASIC) has ordered Allianz Australia to repay customers more than A$8m ($5.39m) for mis-selling…