New rules for approved dispute resolution schemes (DRS) are now in place. To help advisers get up to speed with the changes Financial Advice NZ is holding a webinar that’s free for members.
It states the most notable changes were the increase in the threshold of the monetary value of the claim loss that a DRS can resolve, the introduction of new wording for non- financial loss claims, and the requirement for all DRS’s to align their compensation amounts.
In this Wednesday 14 August webinar, Andrew Gunn will explain the changes and the potential implications. Clinton Stanger will share his views on the possible impact on professional indemnity premiums and, Michael Robertson will use case studies to explain how the new rules could impact on disputes resolution outcomes, and what this means for advisers.
Click here to find out more.