RFAs should become AFAs
Regulators want to see more registered financial advisers becoming authorised financial advisers to plug the advice gap on KiwiSaver.
Code committee chairman, and lawyer, David Ireland told the Professional Advisers Association conference in Auckland last week that he hoped to see a flight from registered to authorised status. “The hope is yes there will be movement…We do need more AFAs able to deliver advice. It’s a matter of how we encourage that to occur.”
He said it was not about making advice hard to deliver but about the accessibility of advice ...MORE»
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IFA hands out awards
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Geneva announces early payment
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AMP reviews fund composition
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