Safety a priority for advisers: Financial Advice NZ

The safety of advisers and their families is a priority during the latest level three lockdown, says Financial Advice New Zealand, as the industry gets to grips with another week of disruption.

Tuesday, February 16th 2021, 4:31PM

Auckland was plunged into level three lockdown on Sunday evening for three days, while the rest of the nation returned to level two following a community Covid-19 outbreak. 

Katrina Shanks, chief executive of Financial Advice New Zealand, called on advisers to "keep themselves and their families safe", and expressed confidence that advisers would continue working through the lockdown.

"They have been through this before and I have no doubt they will still be able to deliver quality financial advice through this time," Shanks said. 

The financial adviser trade body has updated its website with information around levels two and three, how to manage client responsibilities and meetings, and information on best-practice around health and safety and QR codes, Shanks said.

The Government is expected to make a decision on extending the latest lockdown on Wednesday. There were no new community cases on Tuesday. 

Shanks said she did not expect the lockdown to impact the transition to the new licensing regime, which begins on March 15. 

"The industry will continue to get ready for transitional licensing and fulfilling their duties and obligations under the new regime. We will stay in contact and keep advisers up to date," she added.

Tags: Financial Advice New Zealand licensing lockdown new regime

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