Half of all respondents who have so far cast a vote in our latest poll indicate that regulatory reforms have had no impact on the value their advice business.
Talk of regulatory change, and its implementation, have been going on for years. Now the Government is taking another look at the legislation, while gently signalling its expectations to the FMA.
Despite the changes, and the tightening of the screw on poor behaviour, it seems 50% of advice practices have sailed through with the value of their businesses untouched by the additional obligations.
Of the remainder, 30% disagree with the statement that regulatory reforms “…have had no impact on the value of my advice business”. One fifth (20%) said they didn’t know one way or the other.
There’s still time to cast your vote.
All the regulatory reforms that have taken place over recent years have had no impact on the value of my advice business.
- Agree (52%)
- Disagree (36%)
- Not sure (11%)
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