Ethics and Professionalism in Financial Advice (FPC002B) Assignment

This assignment solution addresses the complexities of ethics and professionalism within the financial advice sector, specifically focusing on the FPC002B module. The assignment requires a thorough understanding of ethical frameworks, professional standards, and the application of the FASEA Code of Ethics. The solution analyzes a case study involving a financial advisor, Jamie, and her approach to a new client, Nathan, examining how unconscious biases can influence ethical decision-making. It assesses Jamie's compliance with FASEA standards and the value of Fairness, providing recommendations for conducting the initial client meeting effectively. The solution covers key learning outcomes, including explaining ethical frameworks, assessing cognitive biases, demonstrating understanding of professional obligations, and identifying/solving ethical dilemmas. The assignment is designed to equip financial planning students with the necessary tools to navigate ethical challenges and provide client-centric advice.