The classification of Tier 1 and Tier 2 products has been set out by ASIC in order to differentiate between simpler and better understood products (Tier 2 products), which are generally subject to less comprehensive training standards.
Kaplan Professional’s Tier 2 RG146 Accreditation Online training program is specifically designed for corporate organisations that require employees to hold accreditation in General and/or Personal Advice in basic deposit and non-cash payment products, and/or general insurance.
Tier 1 Advisers
All Tier 1 advisers are required to complete Generic Knowledge. The Generic Knowledge component is only required to be completed once.
It is important to note that Kaplan Professional cannot issue your academic record on completion of the General Advice or Personal Advice subject if Generic Knowledge has not been attained.
The Generic Knowledge entry requirement may be met by evidence of equivalent competency through mutual recognition (MR), recognition of prior learning (RPL), or recognition of current competency (RCC).
Skills components of subjects are only required to be completed if you are wanting to provide Tier 1 personal advice. An adviser providing general advice does not need to complete the Skills component of the subject(s).
Tier 2 Advisers
Click here for specific information on Kaplan Professional’s Tier 2 RG146 Accreditation online training program.