Wealthpoint questions efficiency of authorised bodies
With time running out until new regulatory reforms are introduced in late June 2020, Wealthpoint has followed with interest the industry discussions taking place about various FAP structures that may exist post June.
One option that the FMA discussed at their roadshows last year involved advisers operating as authorised bodies where they come under another entity’s licence. In such a scenario, these authorised bodies will also need to operate as FAPs although they will not need to hold a separate licence.
While this arrangement may be suitable in some situations, Wealthpoint questions the efficiency...MORE»
Introducing AIA Vitality ambassador: Ian JonesThursday, November 14th, 9:28AM
In a career that spanned some 11 years, Ian Jones played over 100 games for the mighty All Blacks – 79 of those test matches. MORE» |
AIA Vitality Fittest City report: Let’s get movingMonday, August 26th, 7:00AM
150 minutes. That’s how much time we should be exercising a week to maintain a healthy lifestyle, according to the Ministry of Health. It can seem a bit overwhelming, until you realise that’s about 20 minutes a day. MORE» |
Don’t let FAP stand for Fear, Apathy or Panic
As November 4th rapidly approaches, and with so much noise and scaremongering in the market, we want to keep this simple.
MORE»Build your business with a trusted brand
Hear about how Tim Ross became a self-employed mortgage adviser with Mike Pero
MORE»General Finance seeing strong interest from UDC investors
The short-term fixed interest market has been dominated by ANZ owned UDC over recent years.
MORE»Embrace change & strengthen your business with The Adviser Platform
New Zealand’s financial adviser industry is changing. The Adviser Platform (TAP) is here to help advisers who are driven to succeed, by providing them with the tools and support they need to remain fully compliant so that they can focus on creating long-term success.
MORE»General Finance Continues to Grow and Develop
General Finance Limited, the Reserve Bank of New Zealand Registered Non-bank Deposit Taker has had a very good 12 months to 31 December 2018. The Managing Director Brent King said “the 2018 year has been profitable for the lending markets in New Zealand. General Finance has had a very positive year.”
MORE»