Ethics for Advisers Online Workshop

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A workshop on ethics is being run by Financial Advice NZ and presented by Jane Arnott, Director of The Ethics Conversation.

Katrina Shanks, CEO of Financial Advice NZ, says the workshop will support and enhance the competence of financial advisers wanting to demonstrate their commitment to professional ethics and good practice.

“Ethics underpins all client relationships,” says Shanks. “It is also the recognised course to obtain the Financial Advice NZ Trusted Adviser mark.”

Each three-hour session covers:

  • Business ethics fundamentals
  • Conflicts of interest
  • Bias
  • Speaking up
  • Examination of risks, challenges and ethical dilemmas

Arnott was an associate for the UK-based Institute of Business Ethics, a role she held for more than 10 years. She also co-authored Setting the Tone: a New Zealand Perspective on Ethical Business Leadership.

Jane Arnott, The Ethics Conversation.
Jane Arnott is presenting a series of workshops on ethics for advisers.

Arnott’s training sessions explore the complexity of applying ethics to everyday business thinking, says Shanks.

The online course draws on the Code of Professional Conduct for Financial Advice Providers and financial advisers, and examines the potential for dilemmas to arise.

It also covers the role of the professional adviser, providing clarity on the difference between compliance and ethics.

The workshop is $200 for Financial Advice NZ members, delivers all three modules over three hours, and CPD points will be allocated.

The course comprises of three sections:

Module 1

  • Introduction and learning outcomes
  • Setting the Context
  • Business ethics fundamentals, assumptions and importance
  • Trust and reputation
  • Your professional role and the Code of Professional Conduct
  • Where dilemmas can arise – values and beliefs
  • Interactive – ethical scenario(s)

Module 2

  • Introduction and learning outcomes
  • Ethical expectations within a client adviser relationship
  • The ethics of personality and tone
  • The impact of bias and selective preference
  • Conflicts of interest
  • Interactive – ethical scenario(s)

Module 3

  • Introduction and learning outcomes
  • Conflicts of interest
  • Third party relationships
  • Privacy and data – new issues on the horizon
  • Personal ethical goal setting
  • Interactive ethical scenario(s)
  • Post course completion test