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Recognising that digital advice continues to be a developing area, the Australian Securities and Investment Commission (ASIC) today released its guidance on providing digital financial product advice for retail investors.
The guide, entitled “Providing digital financial product advice to retail clients” (RG 255), brings together some of the issues that digital advice providers need to consider when operating in Australia, covering areas from the licensing stage through to the actual provision of advice.
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Digital financial product advice
RG 255 also includes guidance on some issues that ... (read more)