The draft guidelines introduces a clear definition of ‘mis-selling,’ covering cases such as selling products that are unsuitable for a customer’s profile, providing misleading or incomplete ...

Newly published accounts for Consumer Rights Solicitors Ltd, covering the year to 31 August 2024, show the firm’s turnover ...

Over the past few years, concerns have been raised about customers being pushed into buying insurance, mutual funds or other third-party products without fully understanding them.

The RBI has issued strict new rules to curb bank mis-selling, making explicit customer consent mandatory before selling any ...

Financial year-end targets fuel aggressive sales tactics in insurance. Customers are being sold policies they do not need, ...

The Reserve Bank of India is prioritizing customer protection in its latest monetary policy. New rules will target mis-selling of financial products and harsh loan recovery practices. A compensation ...

The Eller College of Management at the University of Arizona earned top honors in the 2026 Best Online Programs rankings by U ...

IRDAI’s latest report highlights widespread life insurance mis-selling in India, as RBI data shows rising early policy exits and surrender-led payouts.

On Tuesday morning, Financial Services Minister Daniel Mulino announced the consultation, with a range of other consultations ...

KUALA LUMPUR, Feb 11 — Malaysian Anti-Corruption Commission (MACC) chief Tan Sri Azam Baki has announced he will ...

Regulators and industry experts point to the existing commission structure as a key reason behind insurance mis-selling. Under the current system, insurance agents earn a large share of their ...