Financial Advice New Zealand is holding a Professional Ethics Workshop tailored for financial advisers in late July which includes the ethics around AI and technology.
The organisation says on its website the July 31 workshop “…is updated for today’s evolving advice landscape. This session introduces a new layer of complexity, the ethics of AI and technology, while reinforcing the values and decision-making frameworks that underpin trusted advice.”
It notes that advisers strengthening their ethical radar is integral to retaining the trust and loyalty of clients.
“How we assess our performance from an ethical perspective relies on insights and reflections on our behaviour alongside fair client outcomes.”
Financial Advice NZ says the ethics workshop challenges participants to:
- Check in with their personal values, professional values and how they exercise judgment
- Understand the difference between ethics and compliance
- Explore wilful blindness, disengagement and bias
- Address ethical dilemmas based on everyday scenarios
- Build awareness around speaking up versus remaining silent
The workshop draws on FMA research and reports to provide additional context.
“Participants will also consider the impact of AI, the ethical considerations and principles around its application and will gain understanding of a seven-step decision making model for AI,” Financial Advice NZ says.
The webinar will be facilitated by Jane Arnott MNZM, the director of the Ethics Conversation.
Financial Advice NZ says Arnott delivers practical, sector-specific business and professional ethics workshops and presentations for professional bodies, public and private sector entities. She has facilitated ethics workshops for Financial Advice NZ for five years and continually evolves these to address changes in business practices.
The webinar will be held on July 31 from 9:30 AM – 12:30 PM. Click here for more information.