Article tagged with 'FSLAA'
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Level five isn't the big issue for advisers; It's something else
02 Sep 2020 - Insurance adviser Jon-Paul Hale says advisers are getting hung up on level five qualifications, when the real issues they should be focusing on are much bigger.
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Financial services sector questioned regulation draft
28 Aug 2020 - New Zealand’s financial services sector raised concerns about disclosure regulations resulting in a larger volume of repetitive disclosure that could be difficult for clients to digest, submissions show.
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Start date for regime unlikely to change again
21 Aug 2020 - New lockdown restrictions are unlikely to push out the start of the new financial advice regime.
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Replacement case puts spotlight on 'churn'
06 Jul 2020 - New regulations coming into force in the insurance industry and financial advice sector may help avoid situations where people are left exposed by insurance replacement.
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Final disclosure regulations welcomed
25 Jun 2020 - Tweaks to the disclosure regulations for financial advisers will make the rules more workable, industry participants say.
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Date set for new regime
25 Jun 2020 - The Government has set new disclosure requirements to ensure that consumers seeking financial advice can make more informed decisions, and said the new financial advice regime will begin on March 15.
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Licence classes welcomed, more clarity needed on some criteria: Shanks
17 Jun 2020 - Four of the proposed full licensing criteria for financial advisers deserve further attention, Financial Advice New Zealand says.
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FMA finally shows what full licensing looks like
17 Jun 2020 - Adviser firms will be licensed under FSLAA according to the size and scope of their businesses, it has been revealed.
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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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Financial advice commissions not under threat: Faafoi
20 May 2020 - Commerce Minister Kris Faafoi has acknowledged concern at how the Conduct of Financial Institutions Bill (CoFI) will interact with the new financial advice regime – but says he thinks the advice regime is the most appropriate way to regulate financial advice and advisers.