For some homeowners, dealing with insurance companies has been more traumatic than the 2022 floods abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
Australian Minister for Financial Services Stephen Jones urged superannuation trustees to step up to mark on member engagement and satisfaction following recent report from Australian Securities and Investments Commission ASIC.
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ARCA, ABA review Codes
The treatment of joint accounts and the sensitive topic of financial abuse feature in an overhaul of the Credit Reporting Code.
The Australian Retail Credit Association yesterday published proposed changes to the Code and is now undertaking public consultation.
The Australian Banking Association this morning also announced it has commissioned an independent review of the Banking Code of Practice and the review is now calling for submissions.
The National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Act 2021 was passed in February 2021 and provided for a new form of ‘financial hardship information’ to be included in the credit reporting system from 1 July 2022.