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Barry is the senior partner in a firm of financial planners, holding an Australian Financial Services Licence (AFSL). Barry and five of his top advisers

Barry is the senior partner in a firm of financial planners, holding an Australian Financial Services Licence (AFSL). Barry and five of his top advisers are invited to attend a 4-day conference at Surfer's Paradise (located in Queensland Australia) organised by Care Safe Ltd, a life insurance product issuer. The invitation from Care Safe Ltd includes complimentary business class flights, five-star accommodation, day spa vouchers and an all-expenses paid networking dinner. Barry trusts the professional independence of all his staff and considers a break from the office will benefit the morale of his team.

REQUIRED: what conflict of interest issues, if any, arise from this scenario? Please support your answer with relevant legislation and/or case law.

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