Who Needs PS 146 / RG 146 Training?

CASE STUDY: Stock Brokers

Do you?

• Provide advice in regards to managed investments, securities, derivates or foreign exchange?
• Discuss asset ownership structures with your clients?
• Provide reinvestment advice for surplus income?

If so, then ASIC policy requires...

Under the Financial Services Reform Act 2001, all individuals who provide incidental personal or general financial product advice to retail customers must meet the minimum training standards as outlined in ASIC Regulatory Guideline 146.

In any event, your peers are:

Under the Financial Services Reform Act 2001, all individuals who provide incidental personal or general financial product advice to retail customers must meet the minimum training standards as outlined in ASIC Regulatory Guideline 146.

If you provide advice from a script approved by, or under direct supervision of, a person who meets the PS 146 / RG 146 standards, it is not mandatory that you be PS 146 / RG 146 qualified. However, customer service representatives must have the necessary competencies to perform their functions which include a thorough understanding of the limits of the financial product advice they are permitted to give. Speak to the Compliance Manager in your current or intended financial services firm to better understand their training policy for stock brokers, call centre or front desk staff.

Discounts on the above prices are available for dealer groups (10%) or individuals who pay via credit card (5%) and/or pay in full 35-days or more prior to workshop commencement (5%). In-house training prices are available on application with a minimum of 8 participants.

Next Step?

• Call 1300 306 146 to speak to one of our trained consultants, or
• Download an enrolment form

Or call us on 1300 306 146 to have your questions answered or to secure your place now.