Advisers Divided On Disclosing Soft Commissions – Poll
When it comes to the idea of disclosing all soft commissions to their clients it's clear financial advisers across New Zealand are divided.
Last week...
Latest Poll – Anything To Declare?
Under the current regulatory regime, financial advisers have an obligation to exercise care, diligence and skill, and not act in a way that is...
Will You Join A FAP Or Go It Alone?
With MBIE's announcement that the FAP licence regime will start on 15 March 2021, and the FMA having released details of its proposed three-class...
Are You Documenting Your Advice?
During a webinar organised by the Financial Services Council, David Ireland, a partner at law firm Dentons Kensington Swan, strongly suggested financial advisers start...
Insurance Firms Could Do More To Help – Poll
Last week we asked if you are happy with the way insurance firms have responded to the Covid-19 crisis.
We reported that a range of...
Are Insurers Doing Enough?
A number of insurance companies have responded to the Covid-19 crisis with a range of initiatives designed for both advisers and consumers.
For example, additional...
Poll – Commission Claw-Back
The CEO of Financial Advice New Zealand, Katrina Shanks, is worried a spike in cancelled policies will cause commission claw-backs at a time when...
Upfront Commission Payments
Our latest poll stems from Partners Life's recent defence of current remuneration arrangements for advisers (see: Advisers Are the Good Guys).
The FMA has concerns...
Video Conferencing Gets Thumbs Up
Last week we asked how well you are coping with video-conferencing platforms for meetings with clients and colleagues.
While most of us know many of...