Wednesday, January 16, 2019

Compliance & regulation

Over 700 Attendees for FSC Summit

The Financial Services Council has confirmed over 700 financial advisers and industry specialists have signed up to the 2019 Navigating Regulation Advice Summit so...

MBIE Releases Discussion Paper on Licensing Fees and Levies 

The Minister of Commerce and Consumer Affairs, Kris Faafoi, has released a discussion paper seeking feedback on proposed financial advice provider licensing fees and...

FSC Launches 2019 Navigating Regulation Advice Summit

The Financial Services Council, together with the Financial Markets Authority and MBIE, has launched the 2019 Navigating Regulation Advice Summits, which will be held...

Regulator Concerned About High Commission Levels

High commission structures continue to present a challenge to efficiency in the life insurance sector, the Reserve Bank of New Zealand has noted in...

FMA Issues Public Warning About Palmerston North Adviser

Palmerston North registered financial adviser, Brian (John) Ferguson, has been identified by the Financial Markets Authority (FMA) as having engaged in serious misconduct. The FMA issued...

Cigna One Step Closer Towards Robo-advice 

Cigna Insurance has received the green light to offer robo-advice, having been granted exemption from the Financial Markets Authority. Cigna Head of Marketing, Vince Warnock,...

Poll – Advisers on Same Page re Minimum Qualifications

Most advisers seem to be in accord when it comes to possible double standards applying to future minimum adviser qualifications. As we go to print,...

FMA Life Insurer Report Due January 

The Financial Markets Authority has advised that its report on the culture and conduct review of life insurers will now be released at the...

Code Delayed Until 2019

Submissions on the draft Code of Conduct are set to be published in early 2019, Chair Angus Dale-Jones has confirmed in an update from...

Dealer Group Warns of Free CRM ‘Trap’ Targeting Advisers 

National dealer group, MySolutions, has raised its concern that advisers are making poor business decisions because of the lure of free CRM offers. MySolutions CEO,...