OnePath Life (NZ) Limited: OnePath And Cigna Admit To Fair Dealing Breaches For Credit Card Repayment Insurance

OnePath Life (NZ) Limited and Cigna Life Insurance New Zealand Limited will jointly pay $180,000 to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko after admitting liability for breaching the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).