The declaration is part of the nib Adviser Oversight Framework, an overarching adviser compliance model.
nib head of adviser distribution, Chris Carnall, said that while regulation and licensing has changed the industry significantly, the relationship between nib and its adviser partners remains strong.
The declaration has been designed to allow advisers to focus on what they do best: advising their clients.
“It’s important we use technology to give advisers and their clients, our members, a great experience, while ensuring that good conduct practices are followed,” Carnall said.
“Supporting our members’ health and wellbeing is our goal, as is helping advisers maintain a high level of productivity,” Carnall said. “We’re working across the board on other exciting developments, which we will roll out over the months to come.”
The declaration is online and consists of 12 attestations, each requiring a simple “yes” or “no" response. Advisers will be able to complete it on any internet enabled device at a time that suits them.
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