Ethics Centre develops FASEA accredited ethics course for financial advisers

ethic centre ethics bridging course FASEA accredited course Financial Adviser Standards and Ethics Authority FASEA financial advisers

14 May 2019
| By Oksana Patron |
image
image
expand image

The Ethics Centre has announced it is developing new Financial Adviser Standards and Ethics Authority (FASEA) accredited ethics course for financial advisers.

Both the pilot ethics and professionalism bridging course would be delivered in conjunction with an Australian university in late 2019, the organisation said, and they would aim to support advice practices in integrating the FASEA reforms into their operations.

All expressions of interest from higher-education providers to facilitate the course after the pilot is complete would be welcomed, the Ethics Centre said.

The Ethics centre’s executive director, Simon Longstaff, stressed that the aim for the pilot course was to set the benchmark for ethics education for the financial advice community.

“Financial advisers should be encouraged to offer a competitive professional service in all areas but one – their ethics,” he said.

“The ideal is for this emerging profession to have a common ethical foundation, enriched by a common understanding informed by a common set of educational experiences.

“Our hope is that this new course will be widely embraced across the profession – for the good of society and the clients it serves.”

The story has been updated and amended to reflect the clarification from The Ethics Centre that their courses are under development and yet approved.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

Time to Go

I really can't see how getting rid of the safeguards with no other changes achieves anything at all. We're still the ea...

1 day 3 hours ago
Rob

Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...

1 day 6 hours ago
Time to Go

Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...

2 days 23 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND