March 2, 2020 19:32
Over compliance and an overt focus on following the rules can work against businesses trying to promote an ethical environment. Dr Michael Collins considers the structural and environmental factors that lead to poor ethical outcomes. Jeff Thurecht highlights the need for advisers to be confident in the service they deliver to clients.
Participants: Dr Michael Collins, Jeff Thurecht
Facilitator: Matthew Smith
Length: 45 mins, 44 seconds
For the advice industry to graduate to professional status in the eyes of lawmakers, clients and the broader community, it needs to move on from its tick-a-box approach to compliance and take on a higher-level principals approach to considering ethical situations. Richard Jackson points out the broader industry has a responsibility to support advisers to meet their obligations.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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