The draft guide provides an explanation of the intent and application of the Code’s values and standards. It uses fundamental questions to help illustrate the Code and highlights the requirement for advisers to exercise their professional judgement in the best interests of their client guided by the values and standards of the Code.

“The Code of Ethics provides an ethical framework of values and standards to assist advisers in exercising their professional judgement in the best interests of their clients.  FASEA understands that advisers and other stakeholders are seeking additional support in understanding the practical application of the Code of Ethics and welcomes stakeholder feedback on this draft guide.” FASEA Chief Executive Stephen Glenfield said.

The draft guide builds on the Preliminary Response to Submissions released in December 2019 and the case study examples contained in FG002 Financial Planners & Advisers Code of Ethics 2019 Guidance.

Read the draft Financial Planners and Advisers Code of Ethics 2019 Guide.

All feedback and submissions are welcomed on the draft guide and can be submitted through FASEA’s dedicated consultations email consultation@fasea.gov.au until 2 November 2020.

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