New Poll: Will Consumers Benefit From New Regulatory Regime?

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New Zealand consumers will access better quality advice in the new financial services environment

  • Disagree (51%)
  • Agree (37%)
  • Not sure (13%)

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After almost five years of planning, and a delay of eight months due to government lockdowns, the new regulatory regime has finally been introduced.

The key purposes of the Financial Markets Act is to provide greater protection for consumers and provide a stronger regulatory framework for those providing financial advice.

But do advisers believe their clients will be any better off as a result?