No Wine or Roses or Testamentary Disposition
- Published 18.01.2018
Reschke v Reschke [2017] SASC 192 (22 December 2017)
Reschke v Reschke [2017] SASC 192 (22 December 2017)
Summary
Welcome to the December edition of our Financial Services Bulletin
With the end of the year practically in sight this is our last edition of the Financial Services Bulletin for 2017. Read on for industry news, case law developments, our selection of FOS and SCT determinations and our topical “Turks Q&A”.
The FSB has been another huge success in 2017 and we would like to thank you, our readers, for being part of it. We wish you all the very best for the festive season and a bright and prosperous New Year!
Recent Developments
The new world of claims management…icare’s transition to a new model
Recent Decisions
Claims for Psychological injury - all relevant statements essential
Harris v Australian Plastics Profiles Pty Ltd (20 November 2017)
Sheehan v Lloyds Names Munich Re Syndicate Ltd (2017) FCA 1340
ASIC
The Australian Securities and Investments Commission (ASIC) have issued four infringement notices to Suncorp Group’s AAMI for false or misleading advertisements relating to its home insurance on both its website and the radio.
In the promotion of its Home Building Insurance ‘Complete Replacement Cover’ product, AAMI stated that the company would repair or rebuild an insured property no matter the cost to the insurer.