03 February 2023

Reasonable grounds for financial advice about financial products

This guidance explains our approach to applying and enforcing Code Standard 3 of the Code of Professional Conduct for Financial Advice Services, in relation to financial advice about financial products purchased for investment purposes.  

It is particularly relevant to situations where it is difficult or impractical to access information to support reasonable grounds for financial advice on an investment product.  

Download Reasonable grounds for financial advice about financial products PDF