Throughout February 2020, CHOICE issued a raft of joint submissions alongside consumer groups Consumer Action Law Centre, Financial Rights Legal Centre, CCLSWA, Financial Counselling Australia and more to Treasury, commenting on the exposure draft legislation relating to insurance, financial services and superannuation. The submissions aim to improve outcomes for consumers across the financial sector.
Download submissions (PDF)
- Joint consumer submission to Treasury – Enforceability of financial services industry codes (400kb)
- Joint consumer submission to Treasury – Limiting avoidance of life insurance contracts (182kb)
- Joint consumer submission to Treasury – Duty to take reasonable care not to make a misrepresentation to an insurer (278kb)
- Joint consumer submission to Treasury – Restricting the use of the term ‘insurance’ and ‘insurer’ (164kb)
- Joint consumer submission to Treasury – Deferred sales model for add-on insurance (1231kb)
- Joint consumer submission to Treasury – No hawking of insurance and superannuation products (1032kb)
- Joint consumer submission to Treasury – Financial Regulator Assessment Authority Bill 2020 (154kb)
- Joint consumer submission to Treasury on the implementation of the ASIC Enforcement Review Taskforce – Directions Power (682kb)
- Joint consumer submission to Treasury – Cap on vehicle dealer commissions (584kb)
- Joint consumer submission to Treasury – Strengthening breach reporting (728kb)
- Submission to Treasury – Ongoing fee arrangements and disclosure of lack of independence (740kb)
