Article tagged with 'David Ireland'
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CoFI submitters: Slow down
08 Jun 2020 - New Zealand’s financial services sector has asked for more time to be spent on developing the Conduct of Financial Institutions Bill – and warned there could be unintended consequences of the bill in its current form.
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FSLAA overachievers 'could be collateral damage'
02 Apr 2020 - A delayed start for the Financial Services Legislation Amendment Act regime is the right thing to do – but it could be a problem for proactive advice providers who had already started to move their businesses towards licensing, one financial services law expert says.
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DIMS gets another shake-up
03 Dec 2018 - More change is coming for financial advisers who operate personalised DIMS for their clients.
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Advice penalties increase
13 Feb 2018 - Financial advisers face much tougher penalties if they breach the rules under the new regulatory regime.
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FSLAB could be slower
24 Oct 2017 - Progress of the Financial Services Legislation Amendment Bill may be slower under the new Labour-led government than it might have been under National.
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QFEs get licensing head-start
15 Aug 2017 - Dealer groups and adviser networks may opt for financial advice provider status (FAP) under the new legislation, but it is expected to be an easier transition for existing qualifying financial entities (QFEs).
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Advisers told: Speak now if you want your voice heard
22 Jun 2017 - Advisers are concerned the working group that will develop the industry’s new code of conduct does not include a practitioner's voice – but want it to get on with its job of clearing up uncertainties about looming new rules.
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MBIE: Tell us what's better than FAR
22 Mar 2017 - With just over a week left of consultation, the Ministry for Business, Innovation and Employment has received just 10 submissions on the law that will transform the financial advice sector. But it says it knows there are concerns about some aspects - and wants to know how it could be made better.
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Code Committee to get more power
18 Jul 2016 - Proposed changes to the Financial Advisers Act will place more power in the hands of the code committee, which administers the code of professional conduct.
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Concerns raised over 'agent' classifcation
14 Jul 2016 - The suggestion that "agents" could soon be operating in the financial advice sector has some parts of the profession worried.