There are two types of financial product advice—personal and general advice. Personal advice is financial product advice given or directed to a person (including by electronic means) in circumstances where:


(a) the provider of the advice has considered one or more of the person’s objectives, financial situation and needs; or


(b) a reasonable person might expect the provider to have considered one or more of those matters.


All other financial product advice is general advice.

Source: Australian Securities & Investments Commission Regulatory Guide 236 ‘Do I need an AFS licence to participate in carbon markets?’ May 2012 ($file/rg236-published-9-March-2012.pdf)


We use cookies on our website to support technical features that enhance your user experience and help us improve our website. By continuing to use this website you accept our Privacy Policy.