How do I maintain my RG146 compliance?

How do I maintain my RG146 compliance?

How do I update and maintain my RG146 Compliance?

Our Financial Services CPD solution offers financial participants and organisations a complete online solution to satisfy ASIC’s RG146 general advice ongoing education requirements. Our Online learning platform enables you to effectively manage, record and report your CPD obligations.

RG146.123 Continuing training is essential to ensure advisers maintain their competence. This is particularly so because of rapidly changing markets and regulatory requirements.

Continuing Professional Development

RG 146 Licensing: Training of financial product advisers

ASIC requires that licensees implement policies and procedures to ensure that they and their advisers undertake continuing training to maintain and update the knowledge and skills that are appropriate for their activities.

RG 146.121 Licensees have an obligation to maintain their competence to provide the financial services authorised under their AFS licence: see s912A(1)(e). They must also ensure that their representatives are adequately trained and competent to provide those financial services: see s912A(1)(f).

As part of meeting these obligations, licensees need to establish policies and procedures on continuing training that will address how they and their advisers will:

(a) maintain knowledge and skills that are appropriate for their activities and responsibilities, and are consistent with the training standards;

(b) update their knowledge and skills, especially in areas where there is continual change (e.g. legislation, regulatory policies and standards, economic and financial developments, new products and new market practices); and

(c) develop new knowledge and skills to assist with their current role or roles contemplated in the near future.

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The delivery method, the flexibility and the currency and relevance of content. FEP are and have always been a leader in CPD for the
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We have been using FEP for a number of years now. The course materials are highly professional and parallels real workplace experience. Staff greatly value participating in meaningful external training and are the greatest advocates.

Efficient, informative and accessible.

The content is well set out, clear and precise. My organisation does the course every year and we are continuing to learn new and interesting things with each new offering. The content is up to date with the industry and completely relevant to my role. I had all the support and learning resources available to get it done…

Extremely relevant and meaningful.

Our firm exclusively uses the services of Financial Education Professionals for all of our ongoing RG146, compliance and responsible manager training for our team. We find course materials extremely relevant and meaningful and this allows our team to have up to date, practical knowledge.

Peter McGuire, CEO, XM

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