A new ethics and culture course designed specifically for financial advisers is being launched in Australia this week.
Entitled Influencing the Culture in Financial Services Businesses, the purpose of the three-module course is to develop solutions intended to practically influence the culture of any organisation, either large or small.
The course is the brainchild of former Elders Financial Planning GM, Tony Beaven, who told Riskinfo the learnings available in the course are intended to have the effect of bridging the capability gap that exists in most advice firms seeking to influence culture in their business, but which lack the knowhow to implement what is required to achieve that outcome.
According to Beaven, the rationale for developing this course has been in response to the significant regulatory change impacting financial advisers and advice businesses around the world which, together with other major disruptions brought on by technology, the Banking Royal Commission in Australia and the Coronavirus pandemic, has led to an upheaval creating cultural challenges for any business seeking to influence the culture and direction of their organisation.
Accredited for 90 hours of learning by the UK-based CPD Standards Office, the three modules comprising the course include:
- Module 1: Ethical Theory
- Module 2: Ethical Leadership and Emotional Intelligence
- Module 3: How to Apply Ethical Leadership and Decision-Making Frameworks in Organisations
Promoted as one of the world’s first CPD-accredited courses focused on influencing the culture of an organisation, the modules are designed to be undertaken in their entirety or as stand-alone courses by individual advisers or organisations, all of which are conducted entirely online.
…the course provides advisers with the knowledge and capability to translate ethics …into practice
Beaven told Riskinfo the course provides advisers with the knowledge and capability to translate ethics, leadership and emotional intelligence into practice, rather than having simply ‘ticked the ethics box’ under the new minimum education requirements initially mandated by FASEA and now managed by ASIC.
Advisers and other interested industry contributors can click here to learn more about the course and it structure, which requires an overall pass rate of 65% for the complete course or for each of the three individual modules.
