Sunday, September 19, 2021

Practice management

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...

Lots to be Done to Update Dispute Resolution Schemes

The maximum amount that can be awarded by the country's four dispute resolutions schemes should be streamlined and consumers shouldn't be able to double-dip...

FAP Help for Advisers on Offer

Financial advisers struggling to get up to speed with applying for a full license, or putting systems in place, have been offered a helping...

Why Applying for a Full FAP Licence Could Improve Your Business

Trading up from a transitional licence to a full FAP licence will help advisers identify any regulatory issues in their business, writes Derek Grantham,...

FAP Services Celebrates First Birthday

A year after its launch Financial Advice Provider Services (FAP Services) has 14 advisor businesses on its books who together employ 22 advisers across...

Financial Advice NZ Release Details of PI Cover for Members

Financial Advice NZ has released details of its liability insurance offer, which includes professional indemnity (PI) cover. In a message to the organisation's members, its...

The Adviser Platform Offers PI Cover

The Adviser Platform (TAP) is offering professional indemnity (PI) cover underwritten by international insurance firm QBE. TAP's Managing Director Ryan Edwards says that thanks to...

Why Compliance is Not a ‘Black & White’ Issue

A new publication from Strategi Compliance aims to show financial advisers that working under the new regulatory regime is more flexible than many may...

Privacy Breach Notifications Double

The number of privacy breach notifications seen by the Privacy Commissioner nearly doubled in the six months to May. The commissioner saw a 97% increase...