Ethics in finance — independence, conflicts
T-Level: Finance: Ethics in finance — independence, conflicts
What you'll learn
- 1
Imagine you're a financial adviser. Your job is to give the BEST advice to your client — even if it means they don't buy anything from you.
- 2
What does 'independence' mean for a financial adviser?
- 3
A conflict of interest happens when your personal gain clashes with your duty to the client. Like if your boss says 'sell this product' but it's not right for the client.
- 4
A client needs life insurance. You earn a bigger bonus selling Policy A, but Policy B is cheaper and better for them. What do you do?
- 5
Drag the scenarios into the right box: 'Conflict of interest' or 'No conflict'.
- 6
Which is an example of a conflict of interest?
- 7
If you discover a conflict of interest, what should you do FIRST?
Practise Ethics in finance — independence, conflicts with Whizlo
Free AI-tutored lessons, unlimited practice questions, and progress tracking for ages 16–18. Aligned to the UK National Curriculum.