Simplification of Regulations Welcomed
Financial Advice NZ says a plan to simplify CoFI regulations, while keeping a fair conduct programme to protect consumers, is a welcome move by...
Wide Adoption of AI by Financial Advisers
A majority of advisers in America are now using AI, particularly for employee onboarding and client communications, according to a survey carried out for...
New CEO for Financial Advice NZ
The board of Financial Advice NZ has appointed Nick Hakes as its new CEO, replacing Katrina Shanks. Hakes' first day will be Monday 26...
Financial Complaints Rise 17%
Financial Services Complaints Limited (FSCL) has seen a 17% increase in complaints and a 36% increase in disputes (cases the service formally investigates) in...
Adviser Pays Client Compensation
News that an adviser paid compensation to a client, following the Financial Ombudsman's review of a complaint, generated significant interest this week...
A financial adviser...
Australian Industry Body Concerned by Regulatory Changes
Proposed changes to who can give financial advice in Australia has caused "deep concern" among those running industry body the FAAA. It says the...
Life Insurance ‘Too Expensive’ – FSC Report
More than half the people who took part in an FSC survey on life insurance say it is too expensive, with others saying they...
Entries Open for Financial Advice NZ Awards
The closing date to enter the 2024 Financial Advice NZ Awards is fast approaching.
The awards are open to all members of the industry body,...
Industry Body Welcomes ‘Breathing Space’ on CCCFA
Making our Story of the Week is news that the National Government has released a list of action points that has been welcomed by...