Overview
This session will explore the crucial role of ethics in the financial advisory profession and its significance in maintaining Continuing Professional Development (CPD) points.
Points covered in the session- ethical principles, compliance requirements, and the impact of ethical behaviour on professional growth and client trust.
Participants will engage in discussions and case studies to understand the application of ethical standards in their daily practice
Learning Outcomes
- Understand the ethical standards and principles required for financial advisers.
- Explain the concept of ethics and the role of ethical frameworks in the financial planning profession.
- Relate ethical theories and frameworks to the behaviour standards expected of Financial Planners and Advisers.
- Recognize the expectations for ethical decision-making and behaviour from regulatory, professional, and community perspectives.
- Identify the influences of business practices, industry climate, and organizational culture on ethical decision-making and behaviour.
- Learn strategies to identify and address ethical dilemmas in financial advising.
Speaker Profile
Michael Lehner has been working in the Financial Planning Industry since 2000, where he was employed in Corporate Superannuation before moving into Business Development and leadership within a major bank.
Michael worked through the GFC as a senior financial planner, and then later started his own boutique Practice specialising in SMSF, Aged Care, Risk, and Investment.
After completing the Masters in Financial Services (Financial Planning), Michael’s interest evolved into higher degree research, and he is presently developing a thesis on ethics and professionalism within the financial planning industry.
Other Industry experience includes working as a financial planning auditor and remediation manager for two major Australian licensees.
Accreditation
This activity meets the guidelines for qualifying CPD, and has been accredited for continuing professional development by the Financial Advice Association Australia but does not constitute FAAA's endorsement of the activity.
- FAAA Accreditation No. TIIS32703
- CPD Hours: 1.0 hour
- Knowledge Requirements: Ethics
- Legislated CPD Areas: Professionalism and Ethics
- Learning rating: Intermediate