Nib is to publish its first adviser declaration so advisers working with the firm can quickly and easily confirm they are meeting the terms of their agreement with the firm, says the insurer.
The declaration is online and consists of 12 questions, each requiring a ‘yes’ or ‘no’ response. It is part of the firm’s Adviser Oversight Framework, an overarching adviser compliance model adopted by nib.
The company’s Head of Adviser Distribution, Chris Carnall, says that while regulation and licensing has changed the industry, the relationship between nib and its adviser partners remains strong.
He says the declaration has been designed to allow advisers to focus on what they do best – advising their clients.
“It’s important we use technology to give advisers and their clients, our members, a great experience, while ensuring that good conduct practices are followed,” says Carnall.
“Supporting our members’ health and wellbeing is our goal, as is helping advisers maintain a high level of productivity.
“We’re working across the board on other exciting developments, which we will roll out over the months to come.”