National Conference 2021
With FASEA’s consultation on their code of ethics guidance recently concluded, FASEA CEO Stephen Glenfield, will provide an update on the outcomes of this consultation and other FASEA news.
Stephen will then be joined by Christina Kalantzis who will use real life scenarios to outline SMSF compliance concerns with fee disclosures, referral arrangements and conflicts. Using these same scenarios, Stephen will then explain the ethical issues that may arise and how advisers should overlay compliance with the FASEA code.
At the end of the session, you will be able to:
- Provide compliant advice when disclosing advice fees;
- Manage conflicts in line with ASIC guidance and FASEA code;
- Understand how referral arrangements can be achieved and be conflict free, and;
- Understand how to strike the advice balance and being FASEA compliant.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association