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RG 146

Licensing: Training of financial product advisers

Issued July 2012. This guide is for:.

In plain English

This guide explains ASIC’s expectations for training financial product advisers who need an Australian Financial Services Licence (AFSL).

RG 146 was issued in July 2012. It applies to businesses and individuals holding an AFSL or providing financial advice. It outlines requirements for training programs, including content, delivery, and assessment. The guide details what ASIC considers adequate training to ensure advisers are competent. It was last updated in July 2012.

Why it matters

If your business provides financial advice, ensure your adviser training meets ASIC’s standards. This helps maintain professional standards and protects consumers. Non-compliance could impact your AFSL’s continued operation.

afslfinancial-advicegovernanceconsumer-protectionconduct

AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-146-licensing-training-of-financial-product-advisers/. Rules Mate indexes + summarises; always verify against the regulator's live publication.