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You work at a Financial Planning practice called ' Exceed Advice' in inner Brisbane with a colleague, Harry Stevens.Both you and Harry are authorised representatives

You work at a Financial Planning practice called 'Exceed Advice'in inner Brisbane with a colleague, Harry Stevens.Both you and Harry are authorised representatives working for the licensee and owner of Exceed Advice. Harry has been praised by the licensee for bringing in an extra $900,000 worth of business over the past two years and has been promoted to senior Adviser in recognition of this.

However, Harry has confided in you that a close member of his family is a social media 'influencer' who has been strongly recommending 'Exceed Advice'to all their followers. Harry has asked you not to say anything to the licensee about this. However, you have also found out that Harry secretly uses an alias to run a blog where he receives a small commission from insurance companies for endorsing their products.

1.Reflecting on your knowledge and understanding, discuss the ethical dilemmas and/or conflicts of interest that may be present in this scenario.

2.Suggest actions that can be taken to remove, avoid or mitigate the dilemmas and conflicts in the situation with Harry.

3.In terms of upholding ethical best practice in the Financial Planning profession, what would you do to strengthen the image of 'Exceed Advice'?

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