Article tagged with 'FSLAB'
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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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ASB and Westpac delay licensing decision
11 Dec 2019 - Advisers face a further wait to discover ASB and Westpac's stance on FAP licensing under the new regulatory regime.
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Legislation overload 'could have unintended consequences'
15 Oct 2019 - New rules of conduct for banks and insurers could be bad news for organisations already grappling with the looming implementation of the Financial Services Legislation Amendment Act, one law firm says.
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Advisers may be unprepared for new regime: Johnston
06 May 2019 - Astute Financial Management CEO Sarah Johnston fears many advisers have not had “clear directions from their groups” concerning incoming changes to the Financial Advisers Act.
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Advisers ask: Is it worth it?
06 May 2019 - Advisers nearing “retirement age” say they’re planning to opt out of advice rather than transition to the new regime, but not everyone is convinced it will actually happen.
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Revealed: How much it cost to develop the Code
01 May 2019 - The original budget to write a new Code of Conduct for financial advisers was $150,000, but the total cost so far is more than three times that amount; and the job is still not finished.
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Rules set to get a lot tougher for many advisers
29 Apr 2019 - I finished off before Easter talking about the health and safety experience, which is something we have been watching and involved with at some level.
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Part 2: FSLAB & FADC and what it means for us RFAs
23 Apr 2019 - In the second part of his commentary on the recent FADC case, adviser Jon-Paul Hale says the requirements expected of advisers is likely to cause havoc.
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[The Wrap] A crystal ball look at the new world of advice
12 Apr 2019 - Everyone is asking what's going to happen to advisers now the new regime has been passed and everyone is going to have to change their business model. Here's my take on this rather thorny question.
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FADC case shows RFAs face big challenges under new laws
11 Apr 2019 - While it has been no surprise with the passing of FSLAB, we now have confirmation that the light at the end of the tunnel is, in fact, the oncoming train.