Financial Services
RG 234 – Advertising Financial Products and Services: Good Practice Guidance
- InstrumentAustralia: Corporations Act 2001, National…
- RegionAustralia
Equip participants with the knowledge to comply with advertising guidelines for financial products.
The short answer
RG 234 – Advertising Financial Products and Services: Good Practice Guidance training is for everyone in scope, and it exists because of Corporations Act 2001, National Consumer Credit Protection Act 2009 (Cth). It runs online in about 35 to 40 minutes. Run it off the shelf as it is, or have Hungry Minds rebuild it around your own policies and scenarios.
Course details reviewed
About this course
Financial product advertising must provide consumers with clear, balanced and accurate information that supports informed decision-making and complies with regulatory obligations.
ASIC Regulatory Guide 234 (RG 234) outlines good practice principles for advertising financial products and services, helping organisations avoid misleading or deceptive conduct and communicate product information responsibly.
This course explores the requirements of RG 234, the types of advertisements and products captured by the guidance, and the standards expected when promoting financial products to consumers.
What the course covers
- Advertisements captured by the guidance
- Products captured by the guidance
- Returns, features and benefits
- Warnings, disclaimers, qualifications and fine print
- Fees and costs
- Comparisons between products, benefits and returns
- Past performance and forecasts
- Endorsements and testimonials
- Actual and target audience
- Responsible lending
- ASIC’s regulatory powers
What people can do afterwards
By the end of the course, participants will be able to:
- identify which advertisements and financial products are captured by RG 234
- understand how to develop compliant advertising for financial products and services
- recognise requirements relating to fees, benefits, disclaimers, comparisons and performance information
- understand the risks associated with misleading or deceptive advertising practices
- understand ASIC’s role and regulatory powers in relation to financial advertising compliance
How it is delivered
- Structured learning Designed for learners who are new to the topic or want a comprehensive overview. The course explores the subject in detail and typically takes 35–40 minutes to complete.
Two ways to run it
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Your policies, your scenarios
We rebuild “RG 234 – Advertising Financial Products and Services: Good Practice Guidance” around how your organisation actually works, so the training changes behaviour instead of recording completions.
Build a custom version -
Ready to run as it is
Deploy the course off the shelf, with light branding if you want it. Delivered with our partner Safetrac, who will contact you directly.
Deploy off the shelf
Either way, you can run it through our compliance platform or take it as a SCORM package for the LMS you already have.
What it costs
Off-the-shelf pricing starts at $4,000 a year for up to ten courses with your logo and colours applied, rising with how much you want changed. The tiers are the same across the catalogue, so they are set out once on the pricing page rather than repeated on all 101 courses.
If what you actually need is your own scenarios and your own policies rather than a reskin, that is a custom build, and it is the work Hungry Minds does.
Choosing an LMS
If you don’t currently have an LMS, we can help you select a platform that suits your organisation.
For smaller teams or organisations getting started, we typically recommend LearnWorlds for its ease of use and quick setup.For organisations requiring more advanced functionality and reporting, TalentLMS is a strong option.
Learn more:LearnWorlds TalentLMS
We may receive a commission if you sign up to an LMS we recommend. It does not change what we recommend.
Common questions
Who needs RG 234 – Advertising Financial Products and Services: Good Practice Guidance training?
It is written for everyone in scope in Australia. The obligation comes from Corporations Act 2001, National Consumer Credit Protection Act 2009 (Cth), so if that applies to your organisation, the people it covers need this training.
How long does the course take?
About 35 to 40 minutes online.
What does the course cover?
Modules include: Advertisements captured by the guidance · Products captured by the guidance · Returns, features and benefits · Warnings, disclaimers, qualifications and fine print · Fees and costs · Comparisons between products, benefits and returns. There are 11 modules in total.
What will people be able to do afterwards?
By the end, participants can identify which advertisements and financial products are captured by RG 234; understand how to develop compliant advertising for financial products and services; recognise requirements relating to fees, benefits, disclaimers, comparisons and performance information; understand the risks associated with misleading or deceptive advertising practices.
How often does it need to be repeated?
There is no universal interval. Most Australian organisations run compliance training annually, with a shorter refresher at induction and after any policy change. Your own risk assessment and any regulator guidance set the actual cadence. We cover how to decide this properly.
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