RG 146 Tier 2 Accreditation Program

RG146 Tier 2 Accreditation Program

Our RG146 Tier 2 Accreditation Program has been specifically designed for organisations seeking RG 146 compliance to provide general or personal advice in the Tier 2 financial product areas of

  • General Insurance and
  • Deposit Products and Non-Cash Payments.

Our program is an effective learning solution for financial services workplaces looking to ensure a desired level of base knowledge across selected teams or the wider organisation.

RG 146 Licensing

RG 146 continues to apply to people who provide:

  • general advice,
  • personal advice on basic banking products, general insurance and/or consumer credit insurance

We are a Registered Training Organisation and an ASIC Authorised Assessor, so you can be assured that our courses comply with ASIC’s requirements (RG 146.87).

Program Content

  • Financial services regulatory environment and licensing
  • Overview of Deposit Products and Non-Cash Payment Products
  • Specialist general insurance knowledge
  • Application of cross-industry laws in financial services
  • Providing financial product information

Learning Outcomes

What you will learn

Who is this course for?

  • Frontline branch and call centre staff
  • Financial advisers providing general or personal advice in Tier 2 products.

Units of Competency

  • FNSASIC314 Provide Tier 2 general advice in general insurance
  • FNSASIC301 Establish client relationship and analyse needs
  • FNSASIC302 Develop, present and negotiate client solutions
  • FNSASIC314 Provide Tier 2 general advice in general insurance
  • FNSASIC315 Provide Tier 2 personal advice in general insurance
  • FNSIAD301 Provide general advice on financial products and services

Pre-requisite

Recognition of Prior Learning

We do not offer Recognition of Prior Learning for this course.

Certification

On successful completion of our RG146 Tier 2 compliance program you will be awarded a Statement of Attainment that:

  • confirms you are Tier 2 RG 146 compliant to provide general or personal advice in General Insurance and Deposit Products and Non-cash payment Products.
  • lists the units of competency you have been awarded.

Explore Tier 2 General Insurance

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Frequently Asked Questions

Our courses, CPD and qualifications are 100% online, so you can start anytime, anywhere.
  • Either enrol online or
  • Contact Us to arrange an invoice for EFT or AMEX payments.

You have a total of 8 weeks to complete the learning and assessment requirements for your Tier 2 RG146 Course.

Our Tier 2 RG146 General Insurance assessment comprises two (2) tasks including:
  • Examination: Multiple-choice question exam per topic. 80% pass mark.
  • Case study assignment: 10 short answer questions.
The exam and case study assignment are open book and do not need to be supervised.

You can enrol your team either:
  • Enrol online or
  • Contact us to arrange an invoice.
Talk with us to develop your team training program.

Under their Australian financial services licensing obligations, some firms are required to meet additional standards if any representatives give advice to retail clients (RG146). To assist AFS Licensees, we follow the syllabus prescribed by the Australian Securities and Investments Commission (ASIC) for each Tier 1 and Tier 2 specialist knowledge area. We are a Registered Training Organisation and an ASIC Authorised Assessor, so you can be assured that each RG146 course covers all the elements ASIC has specified advisers should learn. (RG 146.87).
What is RG206?2023-04-21T07:53:53+10:00

Regulatory Guide 206 Credit licensing: Competence and training (RG 206)

Credit licensees must comply with the organisational competence obligation in s47(1)(f) of the National Consumer Credit protection Act 2009 (National Credit Act). Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out the minimum expectations for demonstrating organisational competence.

What you need to do to comply will depend on the nature, scale and complexity of your business. However, Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out our minimum expectations for demonstrating organisational competence.

You must also ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g).

ASIC generally expects you to determine what is appropriate initial and ongoing training for your representatives and to embed this in your recruitment and training systems.

Updated annually, our CPD is designed to enable Responsible Managers and Representatives of Australian Credit Licensees to meet their mandatory RG206 continuing training requirement. Our CPD that is structured, properly assessed and recorded.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.