All life companies should "urgently review" their policies to uncover evidence of mis-selling Mr Noel Treacy, the Minister of State for Science, Technology and Commerce, has said.

Publishing the report into allegations of mis-selling at Irish Life, Mr Treacy said companies should "urgently examine" any possible evidence of mis-selling or churning within their companies.

He also warned that the insurance industry and financial services would be subject to additional regulatory and compliance measures.