Australian financial advisers will be free to service clients in New Zealand without an FMA licence from 15 March.
The regulator says the exemptions will allow Australian licensees and their representatives to give financial advice to New Zealand retail clients from offshore without getting a financial advice provider licence.
This week’s poll
Which brings us on to this week’s poll question. With financial advisers in Australia soon to give advice to clients living in New Zealand, is this something you support? That’s the question in this week’s RiskInfoNZ poll. Cast your vote today.
Get In shape
This year’s Get In Shape advice summits will focus on updating the adviser community on the incoming regulatory regime and suggest ways of working in a world dominated by Covid-19. In all, four summits will be held across the country in Wellington, Christchurch, Dunedin and Auckland – with the Auckland session being broadcast online.
The summits are lead by the Financial Services Council with support from RiskInfoNZ.
The history and key achievements of Partners Life has been published on the firm’s website as part of its pledge to be more open and transparent with customers, advisers, and the regulator.
The Partners Life Timeline – you’ll find the lick at riskinfonz.co.nz – covers all the customer-centric events that have occurred at the firm since its launch in 2011.
If you like walking, running or cycling then Partners Life Dual Day will be of interest. It’s inviting one and all to Motutapu and Rangitoto Islands on Saturday 10 April for its annual fundraiser to support the reforestation of Motutapu Island. To date it has raised $300,000. There’s a discount code for advisers who want free tickets and full details are at RiskInfoNZ.co.nz