Quotemonster has released its outsourced provider statement ahead of the March 15 regulatory changes.
The Auckland-based firm says its statement, which can be downloaded here, provides adviser clients with the information they need to meet Financial Advice Provider licence conditions with regard third-party services.
Quotemonster has also updated its terms and conditions, which can be read here.
The firm’s Advicemonster adviser profile page is to be updated to reflect changes to the FSPR, says the company.
Subscribers to Advicemonster are advised by the firm to run a new trial needs analysis to check out the new style report, which it says is a more comprehensive and robust document that speeds up the process of creating new life and health statements of advice.