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ASIC website spells out professional standards reforms

The Australian Securities and Investments Commission website now features a section keeping financial advisers abreast of incoming professional standards requirements and other related information.

The new requirements were introduced last March and aim to lift education, training and ethical standards in the financial advice sector.

The site includes information on obligations for advisers, scope of reforms, start dates for reforms and compliance schemes for the code of ethics. To access the section, click here.