Q&A

Can a restricted adviser be an independent adviser?

Can a restricted adviser be an independent adviser?

Restricted advisers and firms cannot describe the advice they offer as ‘independent’. If you are only given general information about one or more investment products, or have products or related terms explained to you, you may have received guidance rather than advice. This is sometimes also called an information only or non-advice service.

What is who advice for international travel and trade?

WHO advises against the application of any travel or trade restrictions on China based on the information currently available on this event. As provided by the International Health Regulations (2005) (IHR), countries should ensure that:

When to ask about restrictions on investment advice?

The adviser or firm has to clearly explain the nature of the restriction. If you are not sure you should ask for further information, but some examples of restricted advice are where: Restricted advisers and firms cannot describe the advice they offer as ‘independent’.

When is a restriction on trade contrary to public policy?

Such a restriction, impinging as it would on the workman’s ability to compete freely and fairly in the market place, is unreasonable and contrary to public policy.” It will generally be contrary to the public interest to enforce an unreasonable restriction on a person’s freedom to trade.

Why do some countries put restrictions on trade?

Trade restrictions are typically undertaken in an effort to protect companies and workers in the home economy from competition by foreign firms. A protectionist policy is one in which a country restricts the importation of goods and services produced in foreign countries.

Can a restricted adviser offer independent investment advice?

Restricted advisers and firms cannot describe the advice they offer as ‘independent’. If you are only given general information about investment products – or have had products or related terms explained to you – you may have received guidance rather than advice.

When is a restraint of trade clause too long?

restraint sought to prevent the employee from working at other businesses who were not in competition with Just Group Ltd; and duration of the restraint was too long as the clause applied to both Australia and New Zealand for two years after her employment terminated.

Can a workman be subject to restraint of trade?

Such know-how and skills in the public domain become attributes of the workman himself, do not belong in any way to the employer and the use thereof cannot be subjected to restriction by way of a restraint of trade provision.