Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Ethics Centre develops FASEA accredited ethics course for financial advisers

ethics/bridging-course/Financial-Adviser-Standards-and-Ethics-Authority/FASEA/financial-advisers/

14 May 2019
| By Oksana Patron |
image
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

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 3 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 3 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND