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POSTPONED: FSC advice summit set for February

The Financial Services Council is taking registrations for its Future Ready Advice Summit being held in Queenstown in February next year.

Friday, December 17th 2021, 1:58PM 4 Comments

The one-day summit will be held at the Heritage Hotel on February 17 and features future-focused content to help businesses prepare for the financial services landscape in 2022 and beyond.

The full programme is yet to be finalised but will include regulatory organisations and key decision-makers including the FMA and others, political leaders, advice masterclasses and experts discussing the future and development of professional advice practices.

Click here for details.

Tags: FSC Professional Development

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Comments from our readers

On 22 December 2021 at 2:02 pm Murray Weatherston said:
Does anyone else share my view that it looks like FSC is eating Financial Advice's lunch?
FSC was historically the representative of the manufacturers - the banks and the big life companies. But increasingly they seem to be extending their reach into adviserland.
I've always thought advisers need their own strong voice.
One potential area of tension is forthcoming CoFI. If manufacturers believe that they will be required to "supervise" everyone selling their product, on whose side do you think FSC would fall - manufacturers or advisers.
On 22 December 2021 at 3:55 pm Dirty Harry said:
@Muz
I share and I'm not going to or interested in their stuff.

And for CoFI: the Manufacturers
On 23 December 2021 at 3:11 pm Pragmatic said:
I don't want to end the year on a sour note, but to be blunt: the FSC appears to have filled a void that is desired by many advisers in the industry. In speaking with a wide range of financial advisers, it seems that the fragmented nature of the industry has left many feeling alone, unsure and in need of good old fashion comradery.

Whilst I congratulate the FSC for this initiative, I'm also sensitive to the conflict identified by Murray. However I believe that the objectives of the FSC advice summit outweigh the inevitable challenges that have been identified at this point in time.

Perhaps the FANZ Board could pause in their deliberations for a moment, throw away their next electronic survey, and hit the streets to understand their membership.
On 23 December 2021 at 9:25 pm Murray Weatherston said:
@Pragmatic

I agree with you.

I am not against an adviser-focused conference, in case anyone thinks I am.

It's just that I think it should have been arranged and promoted by the adviser body, not the manufacturers.

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AIA 5.35 4.49 5.25 5.55
ANZ 5.54 5.15 5.85 6.15
ANZ Blueprint to Build 2.78 - - -
ANZ Special - 4.55 5.25 5.55
ASB Bank 5.35 4.49 5.25 5.55
Avanti Finance 5.45 - - -
Basecorp Finance 6.45 - - -
Bluestone 5.29 7.49 7.59 -
BNZ - Classic - 4.55 5.25 5.45
BNZ - Mortgage One 5.55 - - -
BNZ - Rapid Repay 5.55 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Std, FlyBuys 5.55 5.35 5.94 5.99
BNZ - TotalMoney 5.55 - - -
CFML Loans 6.45 - - -
China Construction Bank 5.50 5.40 6.14 6.40
China Construction Bank Special - 4.45 5.19 5.45
Credit Union Auckland 5.95 - - -
First Credit Union Special 5.85 4.70 5.20 -
Heartland Bank - Online 4.00 3.85 4.70 4.84
Heretaunga Building Society 5.95 4.80 5.50 -
HSBC Premier 5.49 4.39 5.15 5.39
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - - -
ICBC 5.25 4.29 5.09 5.35
Kainga Ora 5.43 4.57 5.58 5.85
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 5.00 5.55 6.19 6.39
Kiwibank - Offset 5.00 - - -
Kiwibank Special 5.00 4.55 5.19 5.39
Liberty 4.84 - - -
Nelson Building Society 5.95 4.95 5.85 -
Pepper Essential 3.44 - - -
Resimac 4.59 5.60 6.16 6.29
Lender Flt 1yr 2yr 3yr
SBS Bank 5.29 4.69 5.35 5.49
SBS Bank Special - 4.19 4.85 4.99
Select Home Loans 4.09 4.29 4.86 5.09
The Co-operative Bank - First Home Special - 4.19 - -
The Co-operative Bank - Owner Occ 5.45 4.29 5.19 5.45
The Co-operative Bank - Standard 5.45 4.79 5.69 5.95
TSB Bank 5.59 5.14 ▼5.79 6.15
TSB Special 4.79 4.34 ▼4.99 5.35
Unity 5.65 4.80 5.50 -
Wairarapa Building Society 5.24 4.55 5.20 -
Westpac 5.54 5.09 5.79 6.09
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.54 - - -
Westpac Special - 4.49 5.19 5.49
Median 5.45 4.55 5.25 5.52

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