Friday, October 19, 2018

Compliance & regulation

Q&A With Angus Dale-Jones: Roadshow Takeaways

With the Code Working Group's two-week adviser consultation roadshow at an end, its chair Angus Dale-Jones discusses with RiskinfoNZ the key issues raised by advisers in...

Will You Join Financial Advice NZ?

Our latest poll asks your intentions about joining Financial Advice New Zealand. Scheduled to open its doors from 1 July this year, it's been confirmed...

Industry Responds to FMA Report on Replacement Business Issues

Various industry stakeholders have responded to the Financial Markets Authority’s investigation into conflicted conduct among life insurance advisers (see: FMA Cracks Down...). The Financial Services...

Kepa Announces ‘Fit4License’ Programme For Advisers 

Kepa has revealed it is working on a framework to enable the dealer to be a licensed entity under the new legislation. The programme it...

Adviser Self-Licensing Preference Emerges

Advisers appear to have concluded they want to be responsible for their own licence when the new adviser licensing regime commences later this year. Almost...

FMA Cracks Down on Life Insurance Adviser Conduct

The Financial Markets Authority today released a report into its ongoing review of conflicted conduct and insurance replacement business practices among advisers. The regulator’s main...

Competency Standards, Definition of ‘Advice’ Questioned at CWG Roadshow

The Financial Advice Code Working Group (CWG) Roadshow commenced in Auckland this week, during which adviser competency standards and the two proposed categories of...

Adviser Licensing – Your Opinion

In the first of what will be a regular series of RiskinfoNZ polls, we seek your opinion about the choice you think your advice...

Adviser Pleads Guilty to FMA Charges

South Island financial adviser, Garry James Patterson has pleaded guilty to two charges brought by the Financial Markets Authority (FMA) at the Christchurch District...

Advisers Divided on New Licensing Options

Survey results released by the Financial Services Council (FSC) suggest almost 60% of advisers are considering a self-licensing option under the new adviser licensing...