For those existing adviser looking to become compliant in the ASIC RG146 Financial Planning knowledge area
An online course developed to meet the needs of corporate clients that require their employees with Tier 2 General Insurance to become Tier 1 accredited for General Insurance.
The course meets the education requirements of ASIC Regulatory Guide 146 (RG 146) for providing general and personal advice with broking clients.
For those wanting to provide general advice or personal advice to retail clients on the financial products and services in a chosen RG146 specialist knowledge area.
RG 146 will continue to apply to financial advisers who are authorised by their Australian financial services (AFS) licensee as an ‘existing provider’ until the new requirements apply to them.
RG 146 will also continue to apply to advisers who are not ‘relevant providers’ – that is, those who only provide general advice, those who provide advice about Tier 2 or less complex financial products and those who only give advice in relation to a time-sharing scheme. ASIC will review and update their guidance for advisers who are not relevant providers.
RG 146 will not apply to new entrants to the industry seeking to become a relevant provider from 1 January 2019. They will need to meet FASEA’s new professional standards requirements.
If you’re a new or existing financial adviser looking to meet FASEA’s new education requirements, click here >
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