International Law

ASIC supports FPA short statement of advice project

ASIC has supported the Financial Planning Association (FPA)'s efforts in releasing a 10-page example of a statement of advice (pdf), written in plain English and tested with consumers.

ASIC published a short example statement of advice in August 2005 (refer to Regulatory Guide 90 Example Statement of Advice (SOA) for a limited financial advice scenario for a new client (RG 90).

Full post as published by Australian Regulatory Compliance Review on June 29, 2008 (boomark / email).