Compliance WOF Offer to Advice Business Owners
Strategi is offering a warrant of fitness service to advice business owners that includes a review of FAP policies, processes, controls, and advice documents.
The...
Consultation Opens on 2021 FMA Funding and Levies Review
Consultation has opened on funding and levy options to enable the FMA to oversee three new legislative regimes: Conduct of Financial Institutions (CoFI), Insurance...
Online Tool Helps Advisers Stay Within the Law
The Adviser Platform has launched a new resource called OAT – the Online Advice Tool – to help advisers work within the regulatory regime...
Insurance Ombudsman sees 25% Increase in Complaints
Complaints about insurance products to the Insurance & Financial Services Ombudsman rose by 25% to 334 according to its 2021 annual report.
Ombudsman Karen Stevens...
New Course for FAP Managers
Good governance is a key requirement for every FAP so training firm Strategi has developed a course to help business owners meet the requirements...
Webinar for FAP Managers
Financial Advice NZ is holding a webinar for directors of smaller FAPs who want to know more about their obligations to the FMA, and...
FAP Workshops Welcomed by Financial Advisers
A series of online licensing support workshops jointly hosted by Fidelity Life and the FMA has attracted almost 200 financial advisers.
The workshops provide advisers...
FMA Updates Expectations for Treatment of Vulnerable Clients
The FMA has revised its guidance on how vulnerable clients should be treated. The regulator says its advice includes additional information for the sector...
RBNZ Extends Consultation Policyholder Protection
The Reserve Bank is looking for feedback on its insurance policyholder security consultation, which explores whether current legislation gives policyholders the protection they need.
The...