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Financial Planning Australia

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Explain how planning advice and services might be monitored to help ensure ethical standards are being met.
This must be done under Australian Finanical Planning.
my answer was this
They are monitored by FPA Audits, CPD (Continuing Professional Development), address ethical standards, Compliance Officer Audits.
my teacher wants more: her response was this:
still need more in your answer, how does ASIC monitor the AFSL holder, then expand on how AFSL holder monitors the …
the answer doest have to be long just straight to the point
 


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