Poll Results –  Licensing Looms

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In our latest poll, we asked whether you felt ready to submit your licensing application by 4 November, after the FMA recently announced this would be when applications would open.

At the time of writing, just over half of voters (57 percent) said yes they would be ready but nearly a quarter (23 percent) said no and another 23 percent said they were not sure yet.

Along with its announcement, the FMA released an online decision tool and guide to help adviser businesses decide where they will fit in and what their duties will be in the new regime. (see: FMA Releases New Tool…).

The FMA noted that many advisers were still uncertain as to what path they would take in the new regime and that many advisers were requesting straightforward, practical support on how to operate once the new regime is upon them.

Our poll still remains open for another week. Click here if you’d like to add your voice to the conversation…