Connective

Use this guide to understand how to prepare your business for Best Interests Duty (BID). It covers the processes you need to implement, how to educate your clients, and how to ensure your lender panel supports BID-compliant recommendations.

This module is part of the Best Interests Duty learning pathway. You may find these articles useful:

<a href="https://wiki.connective.com.au/en/articles/1087-module-3-a-step-by-step-guide-to-acting-in-your-clients-best-interests">Module 3: A step by step guide to acting in your clients' best interests</a>

<a href="https://assets.connective.com.au/docs/Best-interests-duty-how-to-prepare-your-business-for-BID.pdf" rel="nofollow noopener noreferrer" target="_blank">Ensuring you have a suitable lender panel</a>

<a href="https://assets.connective.com.au/docs/checklist-prepare-your-business.pdf" rel="nofollow noopener noreferrer" target="_blank">Download our handy checklist</a>

<a href="https://wiki.connective.com.au/en/articles/1080-best-interests-duty-resources">Best Interests Duty Resources</a>

- <a href="https://wiki.connective.com.au/en/articles/1087-module-3-a-step-by-step-guide-to-acting-in-your-clients-best-interests">Module 3: A step by step guide to acting in your clients' best interests</a>
- <a href="https://assets.connective.com.au/docs/Best-interests-duty-how-to-prepare-your-business-for-BID.pdf" rel="nofollow noopener noreferrer" target="_blank">Ensuring you have a suitable lender panel</a>
- <a href="https://assets.connective.com.au/docs/checklist-prepare-your-business.pdf" rel="nofollow noopener noreferrer" target="_blank">Download our handy checklist</a>
- <a href="https://wiki.connective.com.au/en/articles/1080-best-interests-duty-resources">Best Interests Duty Resources</a>

If you need help preparing your business for BID or reviewing your lender panel, contact your Compliance Support Manager or email <b><a href="" rel="nofollow noopener noreferrer" target="_blank">compliance@connective.com.au</a></b>

Learn how to prepare your business, educate clients, and ensure you have a suitable lender panel to meet Best Interests Duty requirements.

Module 2: How to prepare your business for BID

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Module 2: How to prepare your business for BID

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