Adviser Firm Licence Cancelled by FMA
The FMA has cancelled Foundation Advice Limited’s (FAL) FAP licence. FAL was an Auckland-based company offering advice on life and health insurance as well...
No ‘Red Flags’ for Advisers in Level 5 Review
An assurance that the Certificate in Financial Services will remain fit-for-purpose caught the attention of Riskinfo readers this week…
Suggested updates to the current...
FMA Opens Consultation on Fair Outcomes for Consumers
The FMA wants to hear your views on its approach to regulations covering fair outcomes for consumers via a new consultation initiative.
The regulator states...
Call to Retain Existing Level 5 Qualifications
One industry leader's response to news that the Level 5 certificate may be changed, coupled with his suggestion that advisers should concentrate on good...
Tips to Focus on CPD
Strategi has produced a tip sheet for advisers needing to focus more on their continuing professional development (CPD) activities.
The industry training firm states the...
Industry Training Poll
The New Zealand Certificate in Financial Services is undergoing a review to ensure it remains relevant as the financial advice landscape changes.
David Greenslade, Executive...
Updated – Level 5 Certificate Under Review
Moves to review and potentially revise the Level 5 entry-level qualification required by financial advisers attracted reader comment and plenty of traffic this week...
The...
Future of CoFI Reforms in Doubt
News that CoFI legislation could be scrapped by a National-led Government – before it is even introduced in 2025 – caught the attention of...
FMA Reinforces Cyber-Resilience Message
The FMA is reminding licensed financial service providers about the importance of cyber-resilience as part of Cyber Smart Week 2023, CERT NZ’s annual awareness...