ASIC hands ex-insurance broker Munther El-Alami an eight-year ban
Australia’s corporate regulator has banned financial adviser Munther El‑Alami from the industry for eight years after finding he engaged in ...
Monday, October 6, 2025
Tag: life insurance
ASIC cancels Lief Pty Ltd’s AFSL for failing to hold AFCA membership
The corporate regulator has cancelled the Australian Financial Services (AFS) licence of Lief Pty Ltd, citing the firm’s failure to ...
ASIC takes RACQ to court over half a million allegedly misleading insurance renewal comparisons
Australia’s corporate regulator has launched Federal Court action against RACQ Insurance Limited, alleging the Queensland-based insurer misled customers for more ...
Federal Court fines HCF Life over misleading contract term, orders corrective disclosure
The Federal Court has ordered HCF life insurance Company Pty Limited to pay a $750,000 penalty and make corrective disclosures ...
APRA raises capital requirements and introduces new license conditions for KeyInvest
The Australian Prudential Regulation Authority (APRA) has announced a significant escalation in oversight of KeyInvest Limited, imposing an additional capital ...
ASIC calls on life insurers to lead reforms in direct sales practices
The Australian Securities and Investments Commission (ASIC) is urging life insurance companies to enhance their product offerings and sales practices. ...
ASIC calls on life insurers to lead the way in enhancing direct sales practices
The Australian Securities and Investments Commission (ASIC) is urging life insurance companies to enhance their practices in product design, sales, ...
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