RG 244
Giving information, general advice and scaled advice
Distinguishing general from personal advice; scaled advice options.
In plain English
This guide explains the differences between providing information, general advice, and scaled advice.
RG 244 applies to businesses providing financial services. It clarifies how to give information, general advice, and scaled advice. It outlines requirements for each. The guide was last updated in December 2023.
Why it matters
Understand these distinctions to ensure your advice is compliant. Incorrectly classifying advice can lead to issues. This guide helps you meet your obligations under the Corporations Act.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-244-giving-information-general-advice-and-scaled-advice/. Rules Mate indexes + summarises; always verify against the regulator's live publication.