In relation to which document supplied by the financial adviser does the ASIC apply the test of what a person would reasonably require for the purpose of making a financial decision?
A) FSG
B) SOA
C) Limited financial plan
D) All of the above
Correct Answer:
Verified
Q2: An SOA is not required in circumstances
Q3: An SOA must:
A) tailor advice to the
Q4: The 'know your client' process is integral
Q5: The three types of SOAs used by
Q6: The balance sheet, income statement and cash
Q8: Consistent with RG 168, when documenting the
Q9: Acting in the best interests of the
Q10: Problems or conflicts that may arise between
Q11: A record of advice (ROA) can be
Q12: The legislation that specifically sets out how
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