Not salaried advisers, salaried "client service" staff. Licensed advisers are subject to BID and FASEA regardless of their employer. But unlicensed client service staff at union funds can give personal financial advice via the "general advice" loophole, without needing to comply with the FASEA Code of Ethics or act in clients best interests. They don't even need to bother with all that pesky training and CPD.
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