According to Regulatory Guide 175, In determining whether the client is likely to be in a better position, ASIC will be considering some of the circumstances of the advice including

Select one:

a.the subject matter of the advice sought by the client

b.that the client receives a benefit that is more than trivial

c.the position the client would have been in if they did not follow the advice, which is to be assessed at the time the advice is provided;

d.All of the above