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LocationDomesticInternational
Gold Coast
OnlineN/A

Unit description

Introduces students to ethical principles, standards and contemporary issues applicable to Australian financial advisers. Informing a wide array of professional contexts, the unit emphasises key ethical theories and frameworks, the financial advice environment, the capabilities and moral responsibilities of financial advisers, ethical conflicts of interest and the client-adviser relationship, the ethical decision-making process, and the importance of effective problem solving and communication. Students will participate in teacher directed activities and experiences relevant to ethical frameworks and the values and professional standards of the FASEA Code of Ethics. Students will also engage with case studies/scenarios that demonstrate complex ethical dilemmas encountered by financial advisers, providing opportunities to offer practical solutions and advisory recommendations. 

Unit content

Topic 1a: An Introduction to Ethics 

Topic 1b: Influences on Decisions and Behaviour

Topic 2a: Ethical Conflicts of Interest and Client-Adviser Relationships

Topic 2b: The Financial Advice Environment  

Topic 3a: Code of Ethics 

Topic 3b: Code of Ethics – Ethical Behaviour and Client Care Standards

Topic 4a: Code of Ethics – Quality Process and Professional Commitment Standards

Topic 4b: Ethical Decision-Making Frameworks

Topic 5a: Ethics in Leadership and Business Practices

Topic 5b: Professionalism and Reflective Practice 

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:
1identify and explain the role of ethical, regulatory and legal frameworks and professional standards in the financial advice environment
2recognise and discuss the importance of due diligence and the best interests duty of a financial adviser
3demonstrate and communicate an understanding of the values, obligations and professional standards that underpin the FASEA Code of Ethics
4apply ethical frameworks and professional standards to solve dilemmas encountered by financial advisers.

On completion of this unit, students should be able to:

  1. identify and explain the role of ethical, regulatory and legal frameworks and professional standards in the financial advice environment
  2. recognise and discuss the importance of due diligence and the best interests duty of a financial adviser
  3. demonstrate and communicate an understanding of the values, obligations and professional standards that underpin the FASEA Code of Ethics
  4. apply ethical frameworks and professional standards to solve dilemmas encountered by financial advisers.

Prescribed texts

  • No prescribed texts.
Prescribed texts may change in future teaching periods.

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every teaching period. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the teaching period.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.

Fee paying courses
For postgraduate or undergraduate full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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