New life insurance code riddled with loopholes
- Written by Gail Pearson, Professor, Business School, University of Sydney
Many Australians will not benefit from the Financial Services Council's new life insurance code, Gail Pearson says.www.shutterstock.comLife insurance has stood out as an industry without a code of practice when others such as general insurers have one. The latest attempt by the Financial Services Council to remedy this may be a last chance for...