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⏲ Duration: 32 min 88 sec
✓ Published: 21-Jun-2022
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Since 1 January 2020, financial planners and advisers have been subject to the Code of Ethics (“COE”). The COE is in general terms, an ethical overlay on a financial advisers existing obligation in law, including Chapter 7 of the Corporations Act 2001. Both the COE and Corporations Law require financial advisers to ‘act in the best interests’ of their clients. nThe explanatory memorandum that accompanies the COE note that ‘the ethical duty in Standard 2 to act in the client’s best in

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