The FSC just need to be disbanded and insurers regulated directly. The FSC prove time and time again that they are just a self serving lobby group for profit and have no interest in consumer best interest. The LIF has failed everyone and the fault lies with the FSC. Their Life insurance code has failed and the fault lies with the FSC. They cannot be given another chance.
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional