Saturday, May 4, 2024

Compliance & regulation

Financial advice provider Finzo has appointed Stacey Jacobsen as its in-house Compliance Officer.

Finzo Appoints New Compliance Officer

Financial advice provider Finzo has appointed Stacey Jacobsen (pictured) as its in-house Compliance Officer. Jacobsen has experience in administrative and planning roles, with more than...

Thousands of Advisers Yet to Apply for a Full Licence

Catching the attention of readers this week was our report based on the FMA's announcement that less than a third of transitional licence holders...

Is Too Much Admin Putting Pressure on Advisers?

What caught the attention of RiskinfoNZ readers this week was our report that financial advisers are giving up 40% of their week to completing...

Industry Training College Under New Ownership

Industry training firm Professional IQ College has been bought by Dacreed from IBANZ for an undisclosed sum – the agreement was completed on 1...

OnePath and Cigna Admit to Fair Dealing Breaches

OnePath Life and Cigna New Zealand will jointly pay $180,000 to the FMA after admitting liability for breaching the fair dealing provisions of the...

Professional Indemnity Insurance Webinar

A webinar outlining the benefits of Financial Advice NZ's professional indemnity insurance offer will be held on 22 June. The organisation's CEO Katrina Shanks says...

Record Keeping Information for FAPs Released by FMA

The FMA has published an information sheet for financial advice providers (FAPs) to help them demonstrate their compliance with record keeping obligations. The regulator says...

FSC Critical of Income Insurance Scheme Process

Advisers were very interested this week in the criticism levelled by the FSC around the rushed nature and lack of industry consultation by the...

Help Offered in Countdown to Full FAP Licence Deadline

Partners Life is holding a webinar to help transitional FAP licence holders apply for a full licence by the FMA's deadline. The insurer says the...