Training: Wipe those tiers away

Storniolo, Cecilia
May 2013
Money Management;5/9/2013, Vol. 27 Issue 17, p13
Trade Publication
The article focuses on the competency standards established by the Australian Securities and Investments Commission (ASIC) for the financial services industry. It says that the standards are created under the Regulatory Guide 146 wherein new financial advisers are required to comply as well as general and personal advice providers for Tier 1 and 2 financial products. Moreover, competency of advisers should be recognized and confirmed by the Tax Practitioners Board (TPB) until July 1, 2016.


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