Whilst this is good news especially that the code is starting to become enforceable which was an issue raised at the Royal Commission it could sadly become irrelevant soon. The TAL and AIA CEO's have created CALI and got the backing of the other insurers. A CALI source confessed to the afr that CALI want to take back control of the code. Lets not be naive and believe the spin that CALI is about having one Life insurance voice. Its very much about the insurance companies taking back control of what they can and cant do in claims and products and ensuring very little customer benefit will be enforceable. Lets not be naive!