When a client seeks advice from a financial advisor, whether that advisor is an accountant, financial planner, stockbroker or banker, they have the right to assume a certain level of care. When that level of care falls below the standards required by the law there may be serious repercussions. This can in turn lead to potentially costly claims of professional negligence against the advisor.
With the ever increasing scrutiny on the financial services industry, its important to understand how the principle of ‘duty of care’ applies in the accounting and financial planning sector.
How can you ensure you minimise financial risk to your clients – and avoid potential complaints of negligence?
Join Coleman Greig Principal Caroline Hutchinson, and lawyer Mario Rashid-Ring, at our next Accountants’ and Financial Planners’ briefing for a timely review of professional negligence and its application in your profession. Topics covered will include:
- What duty of care do the Courts say you owe your clients?
- What is “peer professional opinion” and why does this matter?
- Areas of exposure for accountants and financial professionals – case law and recent issues
- Practical ways to avoid claims and complaints?
Places are limited so book now to avoid disappointment – and help satisfy your CPD requirements!