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Financial Adviser Exam Prep Tutorial 2022

Small group intensive virtual tutorials

FPA: 023584
Total 9.75 CPD hours

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Limited size small tutorial groups
Structured study program of pre-reading, tutorials, exercises and check-in
Pragmatic reference materials and exercise answers

A Live Online Interactive Instructor Led Series

Designed to give you the knowledge you need to pass the exam, the financial services exam prep tutorials are for those who want a more intense and guided exam prep learning experience.

Across the four interactive on-camera tutorial sessions, our expert presenter will guide you through the theory you must know, and importantly, how to apply that theory (because that's what the exam is testing). Each session is peppered throughout with Q&As to test and refine your knowledge.

Before each tutorial you will be provided with pre-reading and pre-session exercises (because as Aristotle said, you learn by doing). The answers are discussed at the start of each tutorial so you know if you are on track. Each tutorial is then followed up with post session reading to embed that knowledge.

It's intense, but worth it.

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AU $890 members
AU $990 non-members

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Knowledge Shop members, login for the discounted rate.

Lee Marshall
Need group or dealer group rates?

Email or contact Lee Marshall on 0434 067 133

Total 9.75 CPD Hours

Details

27 June, 4, 11 & 18 July 2022

11:00am - 1:30pm AEST
10:30am SA & NT
09:00am WA

Allow 2.5  hours per session
Reference notes and exercises included

FPA accreditation: 23584, 23585, 23586

9.75 Total CPD Hours
4.50 Regulatory & Compliance
3.00 Professionalism & Ethics
2.25 Client care & practice

Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.

"Conrad is a gentleman and a caring trainer that goes beyond what is required to help a students. A real asset!"

2022 Tutorial Attendee

What we cover

Across 4 sessions, we cover the theory you must know but importantly how that theory applies to financial services professionals, their clients, and the industry they work in.

What's included?

  • 4 x 2.25+ hour tutorials
  • Recording access
  • The full reference notes, exercises, worked exercise answers, additional reading pack and additional exercises.
  • CPD certificate on completion (registered attendees)
1
Tutorial 1

Applied ethics, professional reasoning, and communication

So, you think ethics is ‘soft’? We explore the  requirements and the border line issues that will test your knowledge and compliance with the Code.

Pre-reading and required questions

  • The Code of conduct – what you are required to do and how you need to act?
  • The Code of Ethics explored:
    • The Code’s impact and importance for planners and advisers
    • What the code means in real life client scenarios – dilemmas and issues
  • Ethical frameworks
  • Applying the Code and your professional standards
  • Acting in the best interests of your client – what that really means
  • Due diligence and your client files and records – the essential internal processes to maintain compliance
  • Putting ethics in practice
  • Scenario based interactive Q&As throughout.

Post session reading and reading recommendations (for that little bit extra)

3
Tutorial 3

Preventing and avoiding misconduct and inappropriate advice

Pre-reading, required exercises and questions

Preventing and avoiding misconduct and inappropriate advice

  • What is appropriate advice?
  • Best interests duty explored

Design and Distribution Obligations

  • Part 7.8A of Corporations Act
  • Target Market Determination
  • obligations of a Distributor?​
  • Personal Advice via an AFSL
  • Record keeping
  • The role of ASIC

Consumer behaviour & decision making

  • Behavioural economics, understanding and overcoming bias

Post session reading and reading recommendations

2
Tutorial 2

Financial Advice Construction

Pre-reading, required exercises and questions

The environment in which advice is sought & given

  • Regulations
  • Obligations on an adviser and licensee

Breach reporting

  • Reportable situations, core obligations and objective determination significance
  • Understanding breaches and what must be done

Different forms of advice

  • When are you giving advice?

Advice construction

  • The advice process and requirements
  • The regulatory framework for ongoing fees
  • Termination, disclosure and renewal
  • Fee disclosure from 1 July 2021
  • Key documentation requirements
  • Scenario based interactive Q&As throughout.

Post session reading and reading recommendations

4
Tutorial 4

Financial Advice Regulatory and Legal Obligations

The legal requirements behind the process. This session overlays the legislative and regulatory requirements to everything you have learnt to date.

Pre-reading, required exercises and questions

Bringing it all together - bringing what we have learnt so far together

Financial Advice Regulatory and Legal Obligations

  • Reference Checking​, Internal Dispute Resolution​ & Hawking
  • Single Disciplinary Body and the FSCP
  • The FSCP process
  • Financial adviser register
  • Tax practitioners board
The Corporations Act
  • Obligations under Chapter 7 (financial services and markets), Corporations Act 2001
    • The Statement of Advice (SOA) and the essential requirements
    • Implications of breaching the financial disclosure obligations
    • Breaches and the notification obligations – when a breach has occurred and what you need to do
    • The legal requirements for individual and licensee
  • Anti-money laundering and the Counter-Terrorism Financing rules – the legal requirements when providing advice
  • Privacy obligations under the Privacy Act when providing financial advice
  • Scenario based interactive Q&As throughout.

Post session reading and reading recommendations

Additional post session Q&As

Our presenter

Professionalism & Ethics Adviser, Knowledge Shop

with Conrad Gilbert

Conrad R2

A few things about Conrad. Yes, he sat the FASEA exam. Yes, he passed the exam and yes, first time. He is a trained educator, but importantly, he has worked, lived and breathed financial services his whole career. 

Conrad works with the profession to navigate the practical impact of change on advisers, their practices, and their clients. He has over 30 years’ experience in the Financial Services Industry, working across insurance and financial planning. Before joining Knowledge Shop, he held senior executive roles with national financial planning networks.

In addition to his work with Knowledge Shop, Conrad is currently completing a PhD in Finance and Financial Planning at Griffith University. He holds an MBA from the University of Qld, a Bachelor of Commerce from Griffith University and a Diploma of Financial Planning from Deakin University.