In April 2019, Federation Financial Adviser Dave Rae spoke on a panel session for the Responsible Investment Association Australasia’s virtual conference. The topic was on responsible investing in light of the new FASEA Code of Ethics which came into effect for financial advisers from 1 January 2020.

The session was reported on in Financial Standard – from the article:

“In the Code of Ethics Guidance, released by FASEA in October 2019, this example was given: “Where your clients indicate they only wish to invest in ethical or responsible investments, you will need to consider whether limiting your product recommendations in this manner is appropriate.”

“My reading of it was that you should be understanding the preferences of your client,” Rae said.

“As advisers, we understand how important it is to know your client and part of that is understanding their preferences when it comes to money or investments.”

You can read the full article here.