Tier 1 & Tier 2 Advisers – Becoming ASIC RG146 Compliant
Anyone giving financial product advice under an Australian Financial Services Licence (AFSL) must satisfy ASIC's training standards as detailed in Regulatory Guide 146 Licensing: Training of Financial Product Advisers (RG146). The training standards comprise both knowledge and skills.
Tier 2 licensing requirements for RG146 in relation to competence and training for advisers does not need to be a headache. The College has a number of options that can be easily tailored to fulfil your RG146 compliance obligations, and in some cases will be paid for under government funded programs.
The College has Tier 2 accreditation programs that address different needs:
• Basic Deposit Products
• Non-cash payment Facilitates and
• General Insurance
Many roles involve selling and advising customers about general insurance products ie home, contents and car insurances. This Tier 2 course specialises in this general insurance product field. A Tier 2 program that combines General Insurance with Basic Deposit Products and Non-cash Payment Facilities is also available. Contact us to ensure that you are enrolled in the correct specialisations.