Tuesday, July 23, 2019

Tag: MBIE

Latest Poll – Taking Stock

With another consultation paper recently released to the industry in the form of the FMA’s two proposed standards for transitional licensing (see: FMA Consults...),...

Licensing Fees Confirmed, Estimated 10% Drop in Advisers Under FSLAA

The Government has announced that the new regime for financial advice will come into force in June 2020, with the exact date to be...

FSLAB Passed

The Financial Services Legislation Amendment Bill passed through Parliament yesterday afternoon. Commerce and Consumer Affairs Minister, Kris Faafoi, said, "The changes we will now put in...

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...

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...

Industry Response to ‘Succinct’ Draft Code

The draft Code of Conduct released last week by the Code Working Group has been welcomed by industry stakeholders, particularly for its concise and...

MBIE Updates FSLAB Timeline

The Ministry of Business, Innovation and Employment has released an updated timeline for the new regime for financial advice. MBIE stated the time frames now...

Code Draft Progress Update 

Code Working Group Chair, Angus Dale-Jones, has confirmed that the Code draft is on track to be published for consultation within a few weeks...

Aussie Risk Advisers Reduce Reliance on Commissions 

An Australian adviser consultant says more risk advisers are incorporating a fee for service into their business model following regulatory change impacting risk commissions...

FSLAB Changes Embrace CWG Suggestions 

The Code Working Group (CWG) is pleased with how the Select Committee's amendments to the draft Financial Services Legislation Amendment Bill (FSLAB) have reflected the...