Question: According to ASIC RG 1 7 5 , an example of 'personal advice is when a financial adviser listens to a client's situation and recommends
According to ASIC RG an example of 'personal advice is when a financial adviser listens to a client's situation and recommends a financial strategy and products to them. An example of 'general advice' is when someone watches a video on Youtube about some money management principles.
There are several obligations that work together to make up the Best Interest Duty
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