RG146 Tier 1 Securities and Managed Investments

Overview Tier 1 Securities and Managed Investments

Our online course describes the knowledge and skills required to analyse client needs and to deal ethically and professionally in securities and managed investments products. It addresses the training requirements of current Australian Securities and Investments Commission (ASIC) and Australian financial services (AFS) licensing at Tier 1 level (RG146).

To be compliant to provide general advice in Tier 1 Securities and Managed Investments, you must also successfully complete Generic Knowledge. To provide general advice you must be authorised under an AFSL.

About our course

Tier 1 Securities and Managed Investments is designed for individuals who require ASIC RG146 compliance to provide general advice on regulated Securities and Managed Investment products. Our online course explores securities and managed investment markets, including shares and indices, debt instruments, hybrids, equity crowdfunding securities, crypto-assets, unit trusts, property trusts, and other investment schemes.

Our Tier 1 Compliance Courses are also an effective learning solution for financial services workplaces looking to ensure a desired level of base knowledge across selected teams or the wider organisation.

Tier 1 Securities and Managed Investments has been updated to include coverage of digital assets (previously termed crypto assets) where they meet the definition of Securities and Managed Investment products under existing law, as outlined by ASIC in INFO 225. Licensees or representatives providing digital asset-related products and services may wish to study the course in order to meet initial or ongoing organisational competence and continuing training requirements under RG104 and RG146.

RG146 Tier 1 Securities and Managed Investments – Course Essentials

Delivery: 100% online, self-paced — start anytime
Duration: Up to 16 weeks (experienced professionals may finish sooner)
Study time: 10–20 hours per Tier 1 knowledge area
Assessment: Online, open-book, unsupervised. Short MCQs after each topic + 3 exam attempts included
CPD: 30 CPD hours (on successful completion)

Entry Requirements

  • Computing Specifications: Refer to our Minimum technical requirements.
  • Have suitable language, literacy and numeracy skills to undertake the training.

Authorisation is the responsibility of your Australian Financial Services Licensee.

Program Content

  • Topic 1: Operation of securities markets
  • Topic 2: Types of securities and managed investment products
  • Topic 3: Investment, portfolio management and risk
  • Topic 4: Taxation of securities and managed investments
  • Topic 5: Analysing managed investments

Learning Outcomes

  • Describe the nature and participants of securities and managed investment markets
  • Identify equity, debt, hybrids, managed funds, crypto-assets and other types of securities and managed investments
  • Explain investment concepts such as strategy, analysis, stock selection and portfolio management, and risk profiling
  • Outline how securities and managed investments are taxed
  • Demonstrate approaches for analysing managed investments

What you will learn

Who is this course for?

  • Participants who require RG146 compliance to provide general advice on regulated Securities and Managed Investment products (when completed with Generic Knowledge)
  • Representatives who advise wholesale clients or organisations seeking product-specific team training
  • Refresher training and/or CPD for existing RG146 compliant dealers and stockbrokers
  • Participants seeking to extend their advisory range to include Securities and Managed Investments

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

General Advice

On successful completion of Tier 1 Securities and Managed Investments you will be awarded a Certificate of Completion.

On successful completion of Generic Knowledge plus Securities and Managed Investment, you will be awarded a Certificate of Attainment confirming that you are RG 146 compliant to provide general advice in Securities and Managed Investments.

Note: To provide general advice you must be authorised under an AFSL.

Explore our Tier 1 Compliance

Download Brochure

Frequently Asked Questions

We offer an online, modular approach, allowing you to study and complete one RG146 Tier 1 specialist knowledge area at a time. Our Tier 1 RG146 compliance programs:
  • Delivery: are online – self paced
  • Study time: depends on your current knowledge and experience however we estimate 10-20 hours of study.
  • Duration: up to 16 weeks - however experienced professionals can complete in less time.
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. To meet relevant training standards at the Tier 1 level, you must complete both Generic Knowledge and the specialist knowledge area you intend to provide general advice in. To provide general advice you must be authorised under an AFSL.

  • For each RG146 Tier 1 specialist knowledge area; there is one knowledge exam (multiple-choice questions) per topic. Each exam is based on the subject materials in the given topic.
  • Assessment is online, open-book and does not need to be supervised
  • If you are unsuccessful, you may repeat the assessment (3) attempts

ASIC's training standards are sets of knowledge and (in some cases) skill requirements that must be satisfied by advisers before they give advice. Knowledge and skill requirements vary depending on:
  • whether the adviser gives general or personal advice; and
  • what products the adviser gives advice on.
  • Some products are classified as being Tier 1, while others are Tier 2
The knowledge requirements are set out in Appendix A of RG146 and the skill requirements are set out Appendix B.

To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  

To get started, either:
  • Purchase course/s online. (You can add multiple courses to the cart.) Please note: Online orders may take up to 1 business day to be processed and for your team to receive their course login details.
OR
Contact us for your Corporate Solution.
What will I learn in this workshop?2026-07-15T18:59:10+10:00

The workshop combines regulatory updates with practical compliance guidance, helping Responsible Managers better understand their obligations and strengthen their governance framework.

Topics include:

Credit regulation and licensing

Understand the current regulatory framework governing Australian Credit Licensees and ASIC’s expectations of Responsible Managers.

The role and responsibilities of a Responsible Manager

Explore what ASIC expects Responsible Managers to do in practice and how to effectively discharge your responsibilities.

Regulatory priorities

Understand the emerging issues and compliance risks currently attracting regulatory attention.

Recent ASIC regulatory outcomes

Review recent enforcement actions and regulatory outcomes with a focus on the role Responsible Managers played – and the lessons every licensee should learn.

Accountability and governance

Strengthen your oversight, governance and compliance framework through practical examples and proven approaches.

Managing your ongoing obligations

Learn practical tips for staying across your obligations, maintaining effective records and meeting your reporting responsibilities.

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