I need help
Consumer Action Law Centre

  • FREE DEBT ADVICE
  • FREE LEGAL HELP
  • KOORI HELP

Toggle menu

Skip to content
  • Home
  • I Need Help

        • SERVICES

        • Our Services
        • Legal Help
        • Koori Help
        • National Debt Helpline

        • ASSISTANCE FROM US

        • Debt Letter Templates
        • Resources and Toolkits
        • Common Issues

        • HELP IS HERE:

          Our qualified legal staff and financial counsellors are on hand to provide free, independent and confidential advice to people struggling with a range of consumer and financial issues.

  • My client needs help

        • COURSES

        • Bankruptcy Law FCPD
        • Insurance Law FCPD
        • Consumer Law Foundations

        • RESOURCES

        • Resources and Toolkits
        • Common Issues
        • Supporting Communities

        • ENGAGE WITH US

        • Energy Retailer Misconduct
        • Demand a Refund
        • Do not knock
        • A blueprint for fair
        • Small Loans. Big Problems

        • SUPPORT IS HERE:

          We provide workers in the legal and community sectors with the resources and information they need to identify exploitative products and business practices and help their clients fight back.

  • Policy & Campaigns

        • POLICY

        • Reports
        • Submissions

        • CAMPAIGNS

        • Campaigns
        • Frydenberg's Financial Crisis Bill
        • Demand a Refund
        • Fair Insurance
        • Stop the Debt Trap

        • CHANGE IS HERE:

          Our team leads change to policy, laws and industry practice across a range of consumer issues, informed by our experience assisting and representing people in Victoria.
  • About

        • ABOUT US

        • About
        • Media
        • Impact Framework
        • Our Board
        • Our Management

        • WORK WITH US

        • Jobs
        • Volunteer with us

        • WHO WE HELP

        • Eligibility for Assistance
        • Accessibility
        • Advice Disclaimer

        • WE ARE HERE:

          Our purpose is to make life easier for people experiencing vulnerability and disadvantage. We use our skills in the law, financial counselling, policy and campaigning to make consumer markets fair.

  • News
  • Contact

Tag: Distribution and Intervention Powers

You are here:  HomeConsumer Action Law Centre  ⁄  News  ⁄  Distribution and Intervention Powers

The sale of add-on financial products through car yard intermediaries

Consumer Action Law Centre, Financial Rights Legal Centre and WEstjustice have made a submission to the Australian Securities and Investment Commission (ASIC) Consultation – Product intervention: The...
August 24, 2020

Product design and distribution obligations –ASIC Consultation Paper 325

Consumer groups have commented on ASIC’s Consultation Paper 325 – Product design and distribution obligations. We strongly support the introduction of product design and distribution obligations (DDOs...
April 6, 2020

Critical moment to fix and prevent systemic mis-selling of junk insurance and warranties through caryards
Australian Securities and Investments Commission – Product intervention: The sale of add-on financial products through caryard intermediaries

Since 2016, Consumer Action’s free tool, DemandaRefund.com has helped people to generate over 9,000 demands totalling an estimated $17 million in refunds for junk consumer credit insurance (CCI), guar...
February 5, 2020

Financial product design and distribution obligations must be consumer centred and limit loopholes
The Treasury – Corporations Amendment (Design and Distribution Obligations) Regulations 2019 (Cth)

The Design and Distribution Obligations (DADOS) require financial service providers to provide products that meet customer needs rather than focussing on securing the sale. In our joint submission on...
October 11, 2019

ASIC Enforcement Review
Australian Securities and Investments Commission - Exposure draft legislation, ASIC Enforcement Review Taskforce Final Report

In our joint response to exposure draft legislation implementing certain aspects of the ASIC Enforcement Review Taskforce (ERT) Final Report, Consumer Action and Financial Rights Legal Centre (Financi...
October 11, 2019

ASIC’s intervention in junk ‘add-on’ insurance market open to abuse by car dealers as DemandaRefund.com tops $5 million

Consumer Action says the Australian Securities and Investment Commission’s (ASIC) proposal to use its product intervention powers (PIP) for add-on insurance and warranties sold by caryards lacks teeth...
October 1, 2019

Regulator slams ‘junk insurance’ sold by banks as Aussies demand over $2 million in refunds

The Australian Securities and Investments Commission (ASIC) report released today confirms that consumer credit insurance, commonly tacked on when taking out a loan or credit card, is junk.  This news...
July 11, 2019

Consumer Action supports ASIC use of new powers to tackle predatory credit agents such as Cigno

Businesses such as Cigno Pty Ltd, which facilitate access to predatory and unregulated payday loans by exploiting loopholes in the law, are on notice as the Australian Securities and Investment Commis...
July 9, 2019

Submission: PIP DADO Regulations
Consumer and Corporations Policy Division - Design and Distribution Obligations and Product Intervention Powers Regulations

Consumer groups have commented on the exposure draft Corporations Amendment (Design and Distribution Obligations and Product Intervention Powers) Regulations 2018 (Cth) (the Regulations) and explanato...
November 20, 2018

Submission: Revised Design and Distribution Obligations and Product Intervention Powers Bill
Consumer and Corporations Policy Division - Revised Draft on Design and Distribution Obligations and Product Intervention Powers

Thank you for the opportunity to comment on the revised exposure draft of the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 (the revised Bill)...
August 16, 2018

Submission: Design and Distribution Obligations and Product Intervention Powers

We are grateful for the opportunity to comment on the exposure draft of the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 (the Bill). We s...
February 13, 2018

Supplementary submission: Design & Distribution Obligations and Product Intervention Power – Proposals Paper

The undersigned provided a comprehensive submission to the Design and Distribution Obligations and Product Intervention Power – Proposals Paper (the Proposals Paper) on 15 March 2017. We make this sup...
March 28, 2017

KOORI HELP

Click here

FREE DEBT ADVICE

Click here

FREE LEGAL ADVICE

Ph: 1800 466 477

Consumer Action is based on the land of the Traditional Owners, the people of the Kulin Nations. We acknowledge their history, culture and Elders both past and present.
consumer action law centre

Funding for the Financial Counselling Program workers advice service and continuous professional development program is provided by the Victorian Government via Consumer Affairs Victoria

Visit Us On TwitterVisit Us On FacebookVisit Us On YoutubeVisit Us On Linkedin

Language & Accessibility

  • Accessibility
  • عربى
  • Cantonese
  • Ελληνικά
  • Hindi
  • Italiano
  • Македонски
  • Türk
  • Việt

About Us

  • About
  • Jobs
  • Accessibility
  • Volunteer With Us
  • CFA Standards Project
  • Advice Disclaimer
  • Eligibility for Assistance
  • Complaints & Feedback
  • Privacy Statement
  • Contact Us
Consumer Action’s Legal Help contains general information only and is not a substitute for obtaining legal advice. Consumer Action does not accept liability for any action taken based on information presented on this website or for any loss suffered as a result of reliance on this website. Copyright © 2020 Consumer Action Law Centre. All rights reserved. Website designed by Website Projects.

Skip to content
Open toolbar

Accessibility Tools

  • Increase Text
  • Decrease Text
  • Grayscale
  • High Contrast
  • Negative Contrast
  • Light Background
  • Links Underline
  • Readable Font
  • Reset
  • Help