Newpark doubles down on helping its advisers in the new era

Newpark has announced, at its conference Friday, three initiatives aligned to support advisers in the new licensed environment. 

The dealer group believes its members should be Financial Advice Providers (FAPs) than than the group being the licensed entity.

Chief executive Melanie Purdey says Newpark will roll out an administration hub in the New Year that will be dedicated to engaging only “experienced New Zealand insurance professionals who know our providers, their people and their processes and have existing relationships with all.”

Newpark will offer a Professional Assurance Certification from early next year to all advisers to ensure that Newpark advisers will qualify for the premium level of remuneration to be offered by providers in the new environment from next year.