INFO 292
FAQs: Informed consents for insurance commissions
This is Information Sheet 292 (INFO 292). It answers frequently asked questions (FAQs) about the requirement to obtain informed consent before receiving certain insurance commissions to avoid the commissions being classified as conflicted remuneration.
In plain English
INFO 292 explains informed consent rules for insurance commissions. It helps avoid conflicted remuneration.
INFO 292 addresses frequently asked questions about informed consent. It applies to financial advisers and businesses providing insurance advice. It clarifies requirements to avoid commissions being considered conflicted remuneration. ASIC published this guidance.
Why it matters
Financial advisers must understand and follow these rules. Failing to obtain proper informed consent could impact commission payments and potentially raise compliance concerns.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/financial-services/giving-financial-product-advice/faqs-informed-consents-for-insurance-commissions/. Rules Mate indexes + summarises; always verify against the regulator's live publication.