Article tagged with 'conduct'
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Mortgage fraud red flags outlined
28 Jul 2025 - There has been an increase in suspected mortgage fraud being reported to the FMA.
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Conduct and the design of policy documents and product brochures
03 Aug 2023 - Many insurers are updating their policy documents and product brochures in an effort to meet a number of conflicting objectives, which could be summarised as: simplicity, accuracy and ease of operation.
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FMA didn't disclose Booster conflict
18 Mar 2022 - The Financial Markets Authority failed to address conflict of interest issues during the KiwiSaver default review process.
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FMA puts finishing touches on draft conduct guidelines
18 Mar 2022 - Newly ensconced FMA boss Samantha Barrass is planning to publish draft conduct guidelines for the financial industry “shortly” and is urging advisers to have their say.
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Codes must have consequences
09 Nov 2021 - Codes of conduct are useless unless they are driven from the top down and must have consequences if broken if they are to mean anything.
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Competency standards - to move forward, start at the finish
29 Oct 2021 - Professional competency is a career-long journey and if financial advisers can't cope with minimum standards, then it's probably not the path they should be taking.
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FMA extends regulatory relief - focus on good conduct
29 Sep 2021 - While the covid crisis and regulatory change have hit many financial service providers hard it's also impacting the country's regulators - none more so than the Financial Markets Authority.
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FSCL case highlights need for better record keeping
05 Aug 2021 - A complaint accusing an adviser of selling income protection insurance that was not fit for purpose has been dropped by Financial Services Complaints Ltd but highlights the need for accurate record-keeping by advisers.
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National criticises new conduct bill
11 Jun 2021 - The new bill to regulate conduct of financial institutions started its second reading in Parliament yesterday and was immediately criticised by the National Party.
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CoFI Bill: How will it affect commission?
25 May 2021 - The Financial Markets (Conduct of Institutions) Amendment Bill is set to reform the way banks pay commission to mortgage advisers, with sales and volume based incentives set to be outlawed. Here's what advisers need to know.