Article tagged with 'Financial Advisers Act'
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Trusted Adviser status defended after FoxPlan censure
07 Sep 2021 - Questions have been raised about the Financial Advice NZ Trusted Adviser status of three owners of FoxPlan after the company was censured by the FMA.
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[The Wrap] Who's tougher? FMA or ASIC
29 Aug 2021 - Regulators on both sides of the Tasman dealt with similar cases recently but produced vastly different outcomes.
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How Australia’s Royal Commission could affect NZ investors
07 Feb 2019 - Shockwaves are running through Australia’s finance industry following the Royal Commission’s damning report so how could the recommendations impact on New Zealand investors?
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Draft code “exciting” for mortgage advisers: Shanks
15 Oct 2018 - The requirement for a level 5 certificate under the new code of conduct for financial advisers presents an “exciting opportunity” for mortgage advisers to up-skill, says Financial Advice NZ CEO Katrina Shanks.
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Ombudsman clarifies adviser servicing obligations
27 Sep 2018 - IFSO has updated its case study of a complaint lodged by a client whose adviser had not checked in with him in 20 years - clarifying that receiving servicing commission usually means ongoing obligations.
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Committee proposes FSLAB changes
31 Jul 2018 - The Economic Development, Science and Innovation Committee has provided its report on the bill, which recommends it be passed, with amendments. Financial Advice New Zealand chief executive Katrina Shanks said she was disappointed to see the committee had not taken a stand to draw a line between sales and advice.
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First Financial Advice NZ CEO announced
10 May 2018 - Former National Party MP and chief executive of the Funeral Directors Association, Katrina Shanks, has been named as the first CEO of Financial Advice New Zealand.
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Exemption grows under FSLAB
23 Jan 2018 - An exclusion that allowed lawyers and accountants to give financial advice without being caught by the same regulations as financial advisers looks to have been extended under the new rules.
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Getting to Know: Paul Sewell
15 Dec 2017 - After a stint in banking, it was a newspaper article that prompted Paul Sewell into financial advice.
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FSC suffers financial blow but integration on cards
07 Dec 2017 - Insurers giving up their memberships have hit the Financial Services Council in the pocket.