No Advice v General Advice v Personal Advice Training - May 2025
Ursula Noye
Senior Associate
Paul Derham
Managing Partner
What's covered
- Recall key terms in the financial services regulatory regime including “financial service”, “financial product” and “financial product advice”
- Identify circumstances when financial product advice is provided
- Confidently provide statements and opinions knowing when they are not financial product advice
- Distinguish between personal advice and general advice
- Explain when warnings are required to be provided to clients
- Explain briefly in what circumstances a Statement of Advice is required
- Explain record keeping obligations
- Identify incidents and report them internally
- Identify the various enforcement options available to ASIC, and representatives liability
Thu 15 May 2025
10:00 AM - 1:00 PM (AEST)
Workshop
Price: $750
GST: $75.00
$825.00
Our half-day Advice workshop has been designed for representatives of AFSL holders who typically only provide general advice - and sometimes provide no advice.
Who should attend?
- Providers of General Advice and No Advice who deal with retail clients
- Compliance managers, compliance staff and support staff who need to understand the different types of advice
- Sales staff and Head of Sales staff
- Client-facing staff in "retention teams" or other teams which involve influencing clients in connection with financial products.