Tag: MBIE
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...
Commissions to Stay: MBIE
The Ministry of Business, Innovation and Employment (MBIE) has made it clear that banning commissions would achieve little, following the release of its response...
CWG Working Towards Consultation on Draft Standards
The Financial Advice Code Working Group has received 160 submissions, since it released its consultation document for the new Code of Conduct in March, it...
Focus on Client Costs – Not Commissions, Says New Body
Financial Advice New Zealand recently submitted its response to MBIE on the recent disclosure consultation paper (see: MBIE Seeking Feedback…).
In it, the new body...