Life insurer TAL is running an ethics course to help advisers fulfil Financial Adviser Standards and Ethics Authority (FASEA) code requirements.

It will help advisers prepare for the FASEA exam. Advisers must comply with a code of ethics from next January, including nine professional development hours, and be covered by a monitored and enforced scheme.

Nearly 500 advisers attended the course’s first session.

TAL Head of Licensees and Partnerships Beau Riley says there are few resources to help advisers understand the code of ethics and how it applies to their business.

“We want to equip advisers with a solid understanding of the scope of the code of ethics and the procedures they need to put in place to ensure they adhere to the code and demonstrate their adherence to others,” he said.

“This is particularly important so we can continue to deliver against community expectations and inspire consumer confidence in the financial advice industry as a whole.”