professionalplanner.com.au

FSC green paper claims need independent testing: Assured Support

An independent cost–benefit study should be commissioned by Treasury or ASIC to verify claims made by the Financial Services Council (FSC) in its licensing green paper, according to financial services ...
Money Management

FSC imposes genetic testing moratorium

All Australian life insurance companies will adhere to the Financial Services Council (FSC) moratorium on genetic testing for life insurance cover up to $500,000. The moratorium will come into effect ...
Independent Financial Adviser

FSC updates genetic testing standards

The changes to Standard 11 – Genetic Testing Policy and Standard 16 – Family Medical History Policy are designed to ensure they remain relevant to consumers as scientific advances are made, the FSC ...
Financial Standard

FSC to enact binding standard on genetic testing

The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but ...