ASIC warns home owners being left short after accepting cash settlements on insurance claims
Australia’s corporate watchdog is sounding the alarm over insurers’ use of cash settlements, concerned they could unfairly short-change…
Car insurance companies on notice after premiums rose faster than inflation last year
Car insurance companies are under pressure to explain what is driving sharp and sustained increases in premiums after…
ASIC issues warning for four ‘finfluencers’ handing out financial advice
Four Australian influencers have been given warnings after being accused of “misleading and deceptive conduct” by a corporate…
CommBank reverses refusal to refund $68m in excessive fees for low-income earners
Commonwealth Bank has confirmed it will refund “relevant” low-income customers who were wrongfully charged excessive bank fees, five…
Retirement warning for millions of Australians as $1 trillion SMSF trend puts savings ‘at risk’
ASIC’s Alan Kirkland (right) said SMSFs weren’t suitable for everyone and there were costs, responsibilities and risks to…