FAPs Are Making Hard Work of Compliance
Our report that most FAPs are over-complicating the job of meeting their regulatory compliance obligations struck a chord with Riskinfo readers this week...
Most FAPs...
Staying Ahead of Client Agreements
Partners Life has released its second edition of Licensing Quick Tips. This issue looks at the written service agreement between advisers and their clients.
The...
The Value of Statutory Liability Cover for Advisers
GUEST COLUMNIST – CLINTON STANGER
Liability cover for financial advisers often focuses on professional indemnity. However, FAPs can be exposed not only to new legislation,...
Swiss Re Report Highlights Underinsurance
GUEST COLUMNIST – KATRINA SHANKS
New research from Swiss Re points to mounting economic pressures contributing to a reduction in the levels of insurance. Katrina...
Client Meetings Poll Result
Sixty-six percent of those who took part in our latest poll agree they should meet their clients for an annual review.
Of the remainder, 26%...
Massey Offers Finance Mentoring Scholarships
A collaboration between the Ministry of Social Development and Massey University will help upskill the workforce dedicated to providing financial mentoring services.
This will be...
Empower Clients Through Plain Language
GUEST COLUMNIST – KATRINA SHANKS
Having the ‘curse of knowledge’ means advisers need to translate technical terms into plain language when it comes to advising...
CoFI Guidance Published by FMA
The FMA has published its final guidance for financial institutions that distribute products and services through intermediaries as part of the Conduct of Financial...
The Importance of Client Reviews
Our report on the frequency at which advisers should review their client's needs, goals, and risks is not just the basis of this week's...