The Financial Services Council has confirmed over 700 financial advisers and industry specialists have signed up to the 2019 Navigating Regulation Advice Summit so far.
The FSC noted the major regulatory changes in play are driving such high interest in the Summit this year and CEO, Richard Klipin, says the changes will affect everyone giving any form of financial advice to New Zealanders.
“The Navigating Regulation Advice Summits are the place to find out what advisers need to do to keep on the right side of the upcoming regulations,” Klipin said.
Announced in December last year, the Summit aims to provide advisers with the necessary support to prepare for the transitional arrangements that start toward the end of 2019.
The FSC is running the events in March, jointly with the FMA and MBIE.
MBIE Manager Financial Markets, Sharon Corbett, said “We have been consulting with industry across different areas of the proposed regulations, the latest on licensing fees and levies for financial advisers which closes in February.”
The summits will update attendees on all aspects of the new legislation, from conduct to disclosure requirements, detail timelines and update financial advisers on what they need to do to prepare.
FMA Director of Market Engagement, John Botica, added that attendees will also have the opportunity to ask questions of peers, policymakers, regulators and others in the industry during the morning sessions.
A feature called The Marketplace enables attendees to speak to suppliers that will be able to help them to navigate the change.
Click here to register for the summits in Auckland, Christchurch, Dunedin and Wellington.