Instead of the normal Friday Weekly Wrap we have a mid-week
catch-up. After all there is likely to be little work happening on Friday.
Wednesday, December 21st 2005, 10:41AM
The most important news is the story Good Returns published this
morning on adviser regulation. The task force's recommendations have gone
to cabinet and been approved. Also the Securities Commission is the body
which will oversee regulation of advisers.
Securities Commission to regulate advisers
Cabinet has given the go-ahead to financial industry
co-regulation.
The broad proposals outlined by the Task Force on Financial Intermediaries
earlier this year have been approved by Cabinet this week. [more]
Also there is plenty happening at the FPIA including a name
change
FPIA
name to go
The Financial Planners and Insurance Advisers (FPIA)
Association is to have a new name from the middle of next year.[more]
