RG146: TIER II ASIC COMPLIANCE
STUDY METHOD:
Online
QUALIFICATION:
Nationally Recognised
START DATE:
Anytime
Course overview
RG146 Tier II ASIC Compliance
This RG146 Tier II ASIC Compliance certification program is designed to meet the Australian Securities and Investments Commission’s Regulatory Guide 146 (RG 146) compliance requirements for financial services professionals who provide advice to retail clients. Upon successful completion, participants will receive a Statement of Attainment from the Certificate III in Financial Services, recognising their achievement of three essential units of competency required for advising retail clients in accordance with ASIC regulatory standards. The program consists of two distinct courses that can be completed together or separately, offering flexibility to suit your professional development needs and timeline, making it ideal whether you’re entering the financial services industry or updating your existing credentials.
Why study the RG146 Tier II ASIC Compliance?
This Tier II certification is mandatory for anyone working in financial services who engages directly with retail clients in an advisory capacity, ensuring you understand your compliance obligations, ethical responsibilities, and professional standards when providing financial advice. By completing this RG146 training, you’ll demonstrate your commitment to industry best practices, meet the legal requirements to operate as a qualified financial advisor, and tailor your learning pathway based on your specific role and career objectives within the financial services sector.
Course 1 – Providing General advice and personal advice on deposit products.
This course is designed to provide entry-level staff who advise on financial services products with the necessary skills and knowledge to provide advice to retail clients on deposit products. The topics covered in this course include the role of an advisor, client relationships, client needs and solutions, applications, documents, and processes, and disputes and complaints. Upon successful completion learners will have gained the competencies required to establish client relationships, analyze client needs, and provide general advice on financial products and services.
The units included in this course are:
- FNSASIC311 Establish client relationship and analyze needs
- FNSASIC312 Develop, present and negotiate client solutions
- FNSIAD311 Provide general advice on financial products and services
Course 2 – Providing General advice and personal advice on insurance products.
This course is designed as an addition to the Tier II – Providing General advice and personal advice on deposit products course.
It covers the skills and knowledge necessary for entry-level staff who advise on financial services products to provide advice to clients in general insurance.
The topics covered in this course include the role of an advisor, building a client profile, different types of insurance and when to not give and give advice, and communicating with clients about insurance.
Upon successful completion of this General Insurance course, which is priced at $295, learners will have gained the competencies required to provide general and personal advice on insurance products.
Course details
- Study Mode: 100% Online; self-paced
- Course Fee: $395 (Course 1) & $295 (Course 2)
- Accreditation: Registered Training Organisation
- Provider ID: 91485
Payment options
- Pay upon enrolment
- Invoice Request (Via PayPal, pay in 4 option)
Participants are required to pay no more than $1,500.00 before the commencement of the course. The remaining fees will be due after commencement with the due date outlined on the invoice. For more information click here.
Duration and study load
We recognise that each learner has their own pace and preferences, and thus, we offer a flexible duration for the program.
- Insurance Program: 3 Weeks (Full Time), 16 Weeks (Part Time)
- Deposit Products: 2 Weeks (Full Time), 12 Weeks ( Part Time)
Who should take this course
Entry-level staff who advise on financial services products, provide advice to clients, negotiate with clients and services providers, or handle customer complaints
Key learning outcomes
This course covers a range of topics, including:
- The role of an advisor
- Client relationships
- Client needs and solutions
- Applications, documents, and processes
- Disputes and complaints
Units of competency
Deposit products
| Unit Code | Unit Description | ||
|---|---|---|---|
FNSASIC311 | Establish client relationship and analyse needs | ||
FNSASIC312 | Develop, present and negotiate client solutions | ||
FNSIAD311 | Provide general advice on financial products and services | ||
Insurance products
| Unit Code | Unit Description | ||
|---|---|---|---|
FNSASIC314 | Provide Tier 2 general advice in general insurance | ||
FNSASIC315 | Provide Tier 2 personal advice in general insurance | ||
Table of Contents
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FAQ’s
All students can apply for Recognition of Prior Learning (RPL) !
RPL acknowledges the skills and knowledge you already have. You may have gained these through:
Formal or informal training from industry or educational institutions.
Work experience.
Life experience.
How RPL Works
RPL focuses on learning outcomes rather than how, when, or where learning occurred. Assessors grant RPL when candidates meet current industry standards or AQF outcomes.
RPL uses competency-based assessment. Review the process to understand how to have your skills and knowledge recognised.
Applying for RPL
We provide an RPL Policy and Procedures document and an RPL Kit for eligible candidates. These documents explain:
What RPL entails.
The benefits.
Forms and rules of evidence.
The application process.
Click here for more information.
Assessments are available via your learning portal through your desktop, tablet or mobile.
They vary depending on the units and may include the following:
Quizzes.
Written tasks and/or case studies.
Examination.
Verbal assessment, by way of an interview with your trainer.
Observation by a trainer.
Supervisor checklists.
For more information, contact us here.
Study on your terms!
Access course content and assessments online, 24/7. Study anywhere, anytime through our user-friendly learning platform. Skip classroom attendance and travel expenses.
What you get:
Accredited courses that meet industry standards.
Trainer and administration support throughout.
Designated course coordinator for motivation and guidance.
Assessments marked within 10 business days.
Certificates issued within 21 days of completion.
Transparent pricing with no hidden fees.
Technical Requirements: You need an internet connection to complete this qualification. Access all learning materials and assessments through ISM’s eLearning Portal.
Recommended Browsers: Safari, Chrome, Firefox, or Internet Explorer 11.
Assessment Submissions: Some assessments are video or audio-based. Record your answers using smartphones or similar devices, then submit via the eLearning portal.
Contact us to learn more about assessments and completion requirements here.
We process enrolments within 1 business day. Once processed with payment, you will receive an email with your login details and instructions to access the eLearning platform. In some cases, program access may take up to 2 or 3 business days.
(Note that access is only given once the initial payment is complete, unless prior arrangements exist between ISM and your organisation.)
If payment is outstanding, we will send an invoice and contact you to arrange payment.
For more information, contact us here.