Why Good Governance Must Underpin Every FAP
If you are a new FAP director and don't fully understand the scope of your obligations then Melanie Purdey says it's time to get...
Kiwis at the Heart of Regulatory Changes says Minister Clark
The financial wellbeing of all New Zealanders is at the heart of regulatory changes to the financial sector, said Minister David Clark during his...
Self-Reporting to FMA Won’t Prevent Legal Action
The FMA should be told as soon as possible if a self-reporting incident takes place, but it won't score any points if the regulator...
mySolutions Offer New PI Cover
A new PI product that's said to be less expensive than those provided by most market competitors is being offered by industry training and...
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...
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,...