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...
‘Game Changer’ – mySolutions Adds Aggregators to Partner Network
Industry training and support firm mySolutions has formed alliances with Kiwi Adviser Network (Trail) and Prosper Group to broaden the aggregation and services options...
Risks of FAPs Taking on a Former AFA Highlighted
A FAP that takes on a former authorized financial adviser with AML/CFT obligations will have to accept those obligations under the new regulatory regime,...
Link Between Seeking External Help and Profitability
A respected Australian consulting firm, Business Health, has registered its frustration with the majority of advice practice owners who fail to seek external assistance...
Cut-and-Paste Answers to FAP Application Surprise Regulator
Cutting and pasting example answers from the FMA's website into an application for a full FAP license didn't cut any ice with the regulator...