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Subject overview


STUDY MODE

100% online

AQF LEVEL

8

NEXT INTAKE

13 Jan 2025

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00


This subject focuses on the ethical and professional obligations of financial advisers through the broad lens of ethical and professional theoretical frameworks. The professional obligations and conduct imposed by the values and standards of the Financial Planners and Advisers Code of Ethics 2019 (Code of Ethics, previously known as the FASEA Code of Ethics) are explained and examined in detail. Students have the opportunity to recognise and respond appropriately to dilemmas encountered as a financial adviser.

Students follow a fictitious case study through much of the assessment, so that they may apply their understanding of the ethical and professional obligations of financial advisers.

Students are able to attend six online drop-in sessions, where students can ask questions to gain further clarification on key concepts and the assessments.

Students are encouraged to attend the drop-in sessions throughout the study period.

For more information, please refer to the subject outline.

Subject information

Learning outcomes

On successful completion of this subject, individuals should be able to:

  • Explain the role of ethical frameworks and professional standards within the financial planning profession
  • Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients
  • Demonstrate an understanding of professional obligations and conduct required by the values and standards of the Financial Planners and Advisers Code of Ethics 2019
  • Identify and solve ethical dilemmas encountered as a financial adviser through application of ethical frameworks and professional standards

Topics covered

  1. Introduction to ethics, including individual cognitive bias and sources of judgement and decision bias
  2. The concept of professionalism
  3. The financial planning profession and the Code of Ethics
  4. Values underpinning the Code of Ethics
  5. The application of the Code of Ethics – Ethical behaviour (Standards 1 – 3)
  6. The application of the Code of Ethics – Client care (Standards 4 – 6)
  7. The application of the Code of Ethics – Quality process (Standards 7 – 9)
  8. The application of the Code of Ethics – Professional commitment (Standards 10 – 12)
  9. Contemporary issues in ethics and professionalism

Continuing Professional Development (CPD)

Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au.

Duration

The duration of this subject is one study period (12 weeks).

How to enrol

FASEA Bridging Courses can be located under the following category within the enrolment portal:

  • Financial Services – Postgraduate

Choose the following under ‘Select Course’:

  • FASEA Bridging Courses

You will then be required to select your chosen study period. Once you have completed this, select the ‘Ethics and Professionalism in Financial Advice’ subject.

Click here to enrol.

Need help?

Talk to a Student Adviser on 1300 135 798.

Reading list

There is no prescribed text for this subject.

Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Reading list

Assessments

Assessment typeDescription Week Topics Weighting
Analysis TaskResearch and reflection taskWeek 41-320%
Assignment 1Assignment 1 (case study/scenario-based long and short-answer questions)Week 81-840%
Assignment 2Assignment 2 (case study/scenario-based long and short-answer questions)Week 121-940%

Previous study requirements

Recognition of Prior Learning (RPL)

RPL for the Ethics for Professional Advisers subject may only be awarded if an approved equivalent subject as listed on the FAS Approved Courses by Institute of Higher Education list.

Assumed knowledge

Not applicable.

Course transition subject equivalence

There are no equivalences for this subject.

Key dates

For a full list of annual study period dates, click here >

Study Period 6 2024

30 Sep 2024 - 17 Jan 2025

❌ Enrolments now closed

Early access opens 30 September 2024

Early access to assessments 14 October 2024

Study period commences 28 October 2024

Enrolments close/census 13 November 2024

Study period ends 17 January 2025

Assessment dates See assessment information

Study Period 1 2025

16 Dec 2024 - 4 Apr 2025

✓ Enrolments open now

Early access opens 16 December 2024

Early access to assessments 30 December 2024

Study period commences 13 January 2025

Enrolments close/census 29 January 2025

Study period ends 4 April 2025

Assessment dates See assessment information

Study Period 2 2025

10 Feb 2025 - 30 May 2025

✓ Enrolments open now

Early access opens 10 February 2025

Early access to assessments 24 February 2025

Study period commences 10 March 2025

Enrolments close/census 26 March 2025

Study period ends 30 May 2025

Assessment dates See assessment information

Study Period 3 2025

7 Apr 2025 - 25 Jul 2025

✓ Enrolments open now

Early access opens 7 April 2025

Early access to assessments 21 April 2025

Study period commences 5 May 2025

Enrolments close/census 21 May 2025

Study period ends 25 July 2025

Assessment dates See assessment information

Study Period 4 2025

2 Jun 2025 - 19 Sep 2025

✓ Enrolments open now

Early access opens 2 June 2025

Early access to assessments 16 June 2025

Study period commences 30 June 2025

Enrolments close/census 16 July 2025

Study period ends 19 September 2025

Assessment dates See assessment information

Study Period 5 2025

25 Aug 2025 - 14 Nov 2025

✓ Enrolments open now

Early access opens 28 July 2025

Early access to assessments 11 August 2025

Study period commences 25 August 2025

Enrolments close/census 10 September 2025

Study period ends 14 November 2025

Assessment dates See assessment information

Study Period 6 2025

27 Oct 2025 - 16 Jan 2026

✓ Enrolments open now

Early access opens 29 September 2025

Early access to assessments 13 October 2025

Study period commences 27 October 2025

Enrolments close/census 12 November 2025

Study period ends 16 January 2026

Assessment dates See assessment information

Fees and FEE-HELP

Enrolment feesFee
Subject fee 2024$2,600 (GST free)

Note: If this subject is undertaken as a standalone subject, no FEE-HELP is available.

FEE-HELP is available for individuals undertaking this subject as part of a qualification. Click here to find out if you’re eligible.

Click here for a full list of fees and allowances.

Subject enhancements

We are pleased to announce that the following enhancements have been made to this subject:

  • Subject has transitioned to a new fully digital format. The topic modules now have new features:
    • Interactivity
    • Multimedia elements
    • Easy-to-read digital format
    • Interactive sessions adjusted in line with digitisation, to include six (6) drop-in sessions for additional support, with structured activities
    • Replaced exam with an assignment.

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