In her PhD study, Cull (2015) found financial planners to be at Stage 4 of Kohlberg's theory of cognitive moral reasoning and development. Discuss the impact that implementation of the new Financial Adviser Standards and Ethics Authority (FASEA) Australia standards might have on the moral development of financial planners.

Required:

You are required to present abalanced argument. You mustmake referenceto the FASEA code of ethics in your argument