FPA and CCH launch electronic compliance manual
TheFinancial Planning Association CCH
The manual will provide practitioners and licensees with information needed in the transition to the Financial Services Reform Act (FSRA).
FPA chief executive Ken Breakspear said the manual would enhance a financial planner’s ability to provide objective and professional financial planning advice.
“This is a living document that will be updated regularly to ensure that financial planning professionals stay up to date with the changing legislative environment. Importantly, it has the potential to save smaller financial planning firms time and money,” Breakspear says.
Areas covered by the manual will include the advising process, licensees’ responsibilities, training, handling complaints, dispute resolution, best practice standards and risk management.
The first edition of the FPA/CCH electronic compliance manual will be released on June 27.
Recommended for you
As the year draws to a close, a new report has explored the key trends and areas of focus for financial advisers over the last 12 months.
Assured Support explores five tips to help financial advisers embed compliance into the heart of their business, with 2025 set to see further regulatory change.
David Sipina has been sentenced to three years under an intensive correction order for his role in the unlicensed Courtenay House financial services.
As AFSLs endeavour to meet their breach reporting obligations, a legal expert has emphasised why robust documentation will prove fruitful, particularly in the face of potential regulatory investigations.
