Morningstar Webinar

Adviser Webinar: Do You Comply With FASEA Standard 5 and 6?

A must watch webinar for Professional Advisers.

Webinar Closed

How do you use Research & Ratings to comply with FASEA Standard 5 and 6.

Join Annika Bradley and Rick Di Cristoforo as they discuss Morningstar’s research and its interaction with these two critical Standards – including the way in which ratings & resources can be used to support compliant advice. They will also simply explain the various terms and methodologies so that advisers are equipped to ‘Know the Product’.

FASEA Standard 5 requires that financial product recommendations are made in the clients' best interest and that they are appropriate to the clients' individual circumstances, with the adviser having a reasonable basis in the recognition of the benefits, costs and risks of those recommendations. FASEA Standard 6 requires that advice takes into account the broad effect of the recommendations recognising the broader long-term interests and circumstances of your client, including specifically recognising whether client preferences such as ESG are provided for.

Further, there is an inherent ongoing obligation for an adviser to ‘Know the Product’ – but what does that really mean?

Advisers are able to access a wealth of ratings and resources from Morningstar for the construction of their client portfolios, but how do these ratings work together and how can an adviser best use Morningstar research to make recommendations in their clients' best interest? How can advisers ensure they select based on client preferences and reduce selection risk in their portfolios?

Presented by:

Annika Bradley, Director, Manager Research Ratings, Morningstar Australasia
Rick Di Cristoforo, Director of Research Products AU/NZ, Morningstar Australasia

Submit your questions

To make this event as interactive as possible, please submit any questions you may have upon registration. The team will do their best to address your questions during the session.

Duration: 45 minutes