Tag: CWG
Code Delayed Until 2019
Submissions on the draft Code of Conduct are set to be published in early 2019, Chair Angus Dale-Jones has confirmed in an update from...
Survey Reveals Insights Into What Consumers Expect From Advisers
A consumer survey conducted by the Financial Advice Code Working Group has found six key themes that clients expect as given when receiving financial...
FSLAB Changes Embrace CWG Suggestions
The Code Working Group (CWG) is pleased with how the Select Committee's amendments to the draft Financial Services Legislation Amendment Bill (FSLAB) have reflected the...
Industry Consultant’s Reservations On Code Competence Requirements
Locking in degree level requirements could do more harm than good, says respected industry consultant, Russell Hutchinson.
In his submission to the Code Working Group (CWG) consultation...
Insurers Debate on Suitability of ‘Good Advice Outcomes’
Submissions received by the Financial Advice Code Working Group (CWG) have questioned the use of the terminology ‘good advice outcomes’, contained within one of...
CWG Working Towards Consultation on Draft Standards
The Financial Advice Code Working Group has received 160 submissions, since it released its consultation document for the new Code of Conduct in March, it...
Advisers to Have Stronger Say in Draft Code
Financial Advice New Zealand has revealed it is forming an adviser panel in association with the Code Working Group (CWG), to ensure the adviser’s...
Competency Standards, Definition of ‘Advice’ Questioned at CWG Roadshow
The Financial Advice Code Working Group (CWG) Roadshow commenced in Auckland this week, during which adviser competency standards and the two proposed categories of...