Industry News

Mandatory Data Breach Reporting
On 19 October 2016, a Bill to amend the Privacy Act 1988 was presented to Federal Parliament which will bring Australia in line with other major economies in the area of mandatory data breach reporting

Life Insurance Code of Practice and Genomic Testing
On 26 October 2016, a full to capacity audience heard Sydney University academic and Director, Master of Genetic Counselling, Professor Kristine Barlow-Stewart explain the latest technical developments in genomic testing and its application in the life insurance industry and the wider community

Trowbridge reforms pass second reading
The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passed the House of Representatives in November 2016 unopposed and is now on its way to the Senate

Cases and Tribunal Decisions

Crime doesn't pay
Westpac Life Insurance Services Limited v Mahony [2016] FCA 1071

When is a fair and reasonable decision not fair and reasonable?
Mercer Superannuation (Australia) Limited v Billinghurst [2016] FCA 1274

Group Cover – when will your ADL definition apply?
Daffy v MLC Nominees Pty Ltd & Anor [2016] VSC 606

Recent FOS Decision

“Following the advice” of a medical practitioner

Turks Q&A

In this edition of Turks Q&A, we complete our series about non-disclosure and misrepresentation and respond to the following series of client questions about so called “innocent” non-disclosure