Article tagged with 'financial advisers'
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Do longer SOAs break the law?
18 Aug 2025 - An Australian adviser magazine asked that question as the heading for an article. The provocatively titled article piece might receive a verdict of ‘not proven’ were we in Scotland, where such a judgment can actually be recorded. But the article is worth a read.
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FMA offers more insight into adviser misconduct trends
12 Aug 2025 - The regulator is cracking down on financial advisers who target vulnerable consumers after seeing a rise in misconduct cases.
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Insurance disputes reach record high
29 Jul 2025 - The Insurance & Financial Services Ombudsman Scheme (IFSO) is facing a record surge in disputes, signalling rising consumer frustration with insurers amid premium hikes and claim disputes
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Financial adviser target-based incentives banned from 31 March 2025
12 Feb 2025 - From 31 March 2025 the law will prevent financial advice providers* (“FAPs”) from providing most types of direct target-based incentives (based on volume or value metrics) to financial advisers, the direct managers of employed advisers, and others. In this article I consider how this law applies to FAPs and their financial advisers.
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Observations from the FAP monitoring insights report
20 Jun 2024 - Steve Wright examines the FMA's FAP monitoring report and explains where FAPs and advisers need to lift their game.
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Nelson financial adviser sentenced after losing High Court action
18 Apr 2023 - Former Nelson financial adviser, Tony Mount has now been sentenced to six years and nine months in prison after being found guilty on 74 dishonesty charges in 2014.
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Australian rules an “impediment” to giving financial advice – report
14 Feb 2023 - Financial advisers in Australia have been told the regulations that control their work are complex, difficult to understand and difficult to comply with.
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Govt softens conduct requirements for advisers
20 Jun 2022 - The Government has proposed winding back some tough controls it wanted to impose on financial advisers including mortgage advisers.
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Ignite Advisers look to the future
19 Jan 2022 - After breaking the chains of an aligned advice model Ignite Advisers are on the hunt for a new manager to help lead the former Tower financial advisory group into the future.
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Calls for more female advisers as money woes hit women hard
12 Jan 2022 - More than 80% of Kiwi women rate their financial wellbeing as moderate to very low and are less likely to seek financial advice, according to a report by the Financial Services Council (FSC).