Ethical considerations for financial services advisers

This recorded webinar will review and refresh the main ethical requirements imposed on licenced financial advisers from a number of sources including common law, legislation, and professional and financial adviser codes of ethics. The session will also cover behavioural science and the main reasons that good people sometimes go astray and behave unethically. Real-world examples and discussion of ways to resolve these ethical dilemmas will be used.

Learning outcomes

At the conclusion of the session, participants will:

  • Be up-to-date, refreshed and reminded of their ethical obligations when providing financial advice to clients
  • Be aware of some of the biases and traps that sometimes lead good people to behave badly
  • Recognise warning flags that might indicate creeping complacency and a need for more rigour in applying ethical standards
  • Consider ways that conflicting ethical requirements and dilemmas can arise and be resolved.

John Prowse

Following a career as a military pilot, John Prowse commenced in the Financial Services Industry in 1983 as an adviser with AMP. He was quickly promoted through management roles in Sales, Marketing, Strategic Planning and Change Management. His last position with AMP was Head of Training and Adviser Recruitment. Following executive roles in operations, compliance and adviser support with Sovereign Assurance and Legal & General, John became General Manager of Integratec/Tribeca Ltd, a listed training provider which included Australia’s largest outsourced compliance service for the financial planning industry at the time. This business continues to operate today under the Kaplan brand. John has taken a keen interest in ethical matters within the financial services industry and more broadly, and he is a member of the University of NSW Animal Ethics committee. John is also currently a director of AVALONFS, a financial planning licensee.


Topic: Financial Advisory and Superannuation

Sub-Topic: Ethics, Self-Managed Superannuation Funds, Superannuation

Format: Recorded Webinar

Proficiency Level: All

CPD: Upto 1 hours