Ethics in financial advice is important. It underpins some of the basic tenets of advice practice, such as acting in clients’ best interest always, avoiding conflicts of interest and acting with transparency and integrity in all dealings with clients.
Financial advisers are entrusted to guide clients through intricate financial planning and decision making, and their role necessitates a high level of ethical conduct and professionalism. For this reason, the Financial Planners and Advisers Code of Ethics 2019 (Code of Ethics) was introduced to provide a set of principles and core values in the areas of ethical behaviour, client care, quality process and professional commitment.
Click here to read the article and complete the CPD quiz for 0.5 CPD in Professionalism & Ethics.
News & Insights
Global dividends play an important role in portfolio income
For clients investing to generate income, global equities are often overlooked…however, income-generating global stocks provide
Top 10 tips for providing ethical advice
The Australian Financial Complaints Authority (AFCA) does more than hear complaints; it also provides tools
Ethics and Self-Managed Super Funds
At approximately $3.9 trillion, Australia’s superannuation sector is one of the world’s largest. Representing approximately
Global SMID – a compelling growth story
Investing in Australia’s small to mid-cap stocks has long been a compelling strategy for investors