The Ethics Centre has announced it will develop a Financial Adviser Standards and Ethics Authority (FASEA) standard ethics course for financial advisers that will be launched in September this year.
The ethics and professionalism bridging course will be delivered in partnership with an Australian university and is intended to help advisers meet the requirements of the FASEA education reforms.
The Ethics Centre’s executive director Dr Simon Longstaff said the Centre was in the final stages of a collaboration agreement with the Australian university it will be partnering with to launch the pilot course and is open to collaborating with other higher-education providers in the future.
“Our aim is for this pilot course to set the benchmark for ethics education for the financial advice community as it continues to develop into a profession,” Longstaff said.
“The ideal is for this emerging profession to have a common ethical foundation, enriched by a common understanding informed by a common set of educational experiences. Our hope is that this new course will be widely embraced across the profession – for the good of society and the clients it serves,” he added.
The course will draw on The Ethics Centre’s experience as an education provider for the financial services sector in the form of the Ethical Professional Program, which they have run since 2016.