A
The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.
2 years ago
Q
I need information on the regulatory framework governing financial advisors in Australia.
Cidra
Answers
2 answers from the community
A
Advisors must adhere to the Best Interests Duty, which mandates that they act in the best interests of their clients when providing advice.
2 years ago