The Code Committee met last week to finalise the second version of the Code of Professional Conduct for advisers.
Chairman David Ireland told the Grosvenor conference that although the plan to have a designation to allow advisers to work in the KiwiSaver market was withdrawn from the proposed code after consultation, the idea "dead but not buried."
He also acknowledged the added paperwork was some advisers had to get used to: "That is almost an inevitable process of regulation."
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