This will include reviewing data from the Financial Ombudsman Service (FOS) and Superannuation Complaints Tribunal (SCT). ANZ and National Australia Bank are to internally review their life insurance units in the wake of the Commonwealth Bank of Australia's life insurance scandal that has sent shockwaves through the industry. The Australian Prudential Regulation Authority (APRA) is expected to announce on Tuesday it will conduct an internal investigation into how its Life Insurance division handled a number of claims involving alleged fraud by former employees at the
ANZ and National Australia Bank are to internally review their life insurance units in the wake of the Commonwealth Bank of Australia's life insurance scandal that has sent shockwaves through the industry. The Australian Prudential Regulation Authority (APRA) is expected to announce on Tuesday it will conduct an internal investigation into how its Life Insurance division handled a number of claims involving alleged fraud by former employees at the