Sale Of AMP Life Gets Green Light
The Reserve Bank has finally approved the sale of AMP Life to Resolution Life New Zealand, on condition a trust is created to protect...
Transitional Licence Applications Latest
The FMA says the total number of transitional licences approved or under assessment by the industry regulator to date stands at 846.
Within that figure...
Cost-Benefit Of Having Own FAP Licence
Compliance and consulting services company Strategi has published its take of the FMA's proposed FAP licencing regime and says the cost of an adviser...
Three Adviser Licence Classes Welcomed By FANZ
Financial Advice New Zealand has welcomed the FMA's idea of having three classes of licence for financial advice providers (see: FMA Consults On Full...
FMA Consults On Full Licence Standard Conditions
The FMA has opened consultation on the proposed full licence standard conditions for financial advice providers as part of the new financial advice regime.
John...
Call For Australian Regulator To Stop ‘Fee Gouging’
The Financial Planning Association of Australia (FPA) has urged the Australian Securities and Investments Commission (ASIC) to reconsider a 38 percent increase to its...
Get Ready For Day One Now
The future been spelled out for financial advisers planning to operate under the incoming regulatory regime.
During a webinar organised by the Financial Services Council,...
How To Register As A Financial Adviser
Financial Advice NZ has produced a guide to registering as an AFA and RFA.
The organisation's CEO Katrina Shanks says she receives lots of calls...
Financial Conduct Bill ‘Has Serious Flaws’
Members of the select committee overseeing the Financial Markets (Conduct of Institutions) Amendment Bill heard that while the bill is well intended, it has...