Updating skills is related to competence, not disclosing the information is related to confidentiality, being courteous is related to professionalism, and keeping in mind the client's benefit is related to integrity.
The code of ethics for financial planners is a document that states the principles financial planners need to follow to act in the best way from an ethical and moral perspective.
This principle implies being honest and acting in favor of customers. Due to this, integrity is mostly related to keeping the client's benefits in mind when making decisions.
This principle implies using the client's information only for professional purposes and avoiding disclosing this information to others. Due to this, this principle is related to not disclosing information.
This principle involves acting based on professional principles, which includes aspects such as a neat appearance, appropriate language, good communication etiquette, etc. Due to this, this principle is related to being courteous.
This principle implies having the knowledge and skills required for your profession. Therefore, it is related to updating skills and knowledge if necessary.
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