Search

ASIC welcomes FPA conflicts of interest principles

The Deputy Chairman of ASIC, Mr Jeremy Cooper, has today welcomed the development of a set of principles by the Financial Planning Association (FPA) to assist its members in managing conflicts of interest. Mr Cooper said the new principles would address key issues including separate corporate governance arrangements where planners are related to a product issuer, and the elimination of remuneration arrangements that create a bias towards one product over another. ‘These principles represent an understanding of where the financial planning industry needs to go if the Financial Services Reforms are to deliver the intended outcomes for consumers and the industry itself,’ Mr Cooper said.

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
47 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer