FPC004 Insurance Advice - Assignment 2

Section A

Question 2 (10 marks | Word limit: 200 words)

Compare how the application of the Competition and Consumer Act 2010 (Cth) and the Corporations Act 2001 (Cth) apply in the context of providing consumer protection to someone who receives financial advice about selecting and implementing life insurance in Australia. Illustrate your answer with examples of situations in which these laws may be called upon by clients.