Articles tagged with 'registered financial advisers'
Change coming for KiwiSaver advice
9 January 2020 - Registered financial advisers providing KiwiSaver advice will need to complete an investment qualification to continue to do so under the new advice regime.
[The Wrap] Introducing the new type of financial adviser (Not)
23 August 2019 - One of the things which impacts on the standing of financial advisers is the dodgy people who pretend to be be advisers but work outside of the regulated market.
Chicken Little and the falling sky
12 August 2019 - It’s been said to me before, J-P how about looking at the glass being half full? Funny thing is the human brain is naturally a bit pessimistic, 60/40% if the studies I’ve read on the subject are right.
FMA boss tells RFAs the clock is ticking and they better hurry up
12 August 2019 - Registered financial advisers have been warned by the regulator that the licensing clock is ticking and they better hurry up if they want to remain in business.
Outrage over CGT recommendation
21 February 2019 - Introducing a capital gains tax on rental properties will have a detrimental effect on both the rental market and house prices in the long-term, property investors warn.
Adviser hits out at commission disclosure proposals
15 June 2018 - Hamish Patel of Mortgagesonline.co.nz, has warned that proposals to make advisers disclose commission could “skew things towards lenders” and leave the industry on an uneven playing field.
Shake-up coming for RFA insurance advisers
15 March 2018 - Insurance advisers operating as RFAs are being told they will need to have some qualifications to operate in the new advice environment – and whether that’s level 5 or a degree-level will depend on what they offer.
Former adviser forged clients' initials
18 May 2017 - A former registered financial adviser has pleaded guilty to two charges filed by the Financial Markets Authority.
What's good advice from an RFA?
14 September 2016 - Non-AFA advisers are being warned that while what counts as a good advice process for them might be a “grey area” at the moment, they should expect to have to follow a set procedure soon.
IFA checks in on RFA members
25 July 2016 - IFA has approached its non-AFA members, to warn them they face the need to upskill to keep up with Financial Advisers Act changes.
Higher standards for RFAs a must for financial advice 'profession'
21 March 2016 - Allowing registered financial advisers to avoid higher levels of regulation would be a step back for the professionalization of the industry, it has been claimed.
RFAs backing call for one law for all
29 July 2015 - The PAA wants one set of standards for all financial advisers - but it says it has the backing of its RFA members.
Old trail income under review
11 May 2015 - Registered financial advisers receiving trail commission on category one products they are no longer allowed to offer advice on will come under scrutiny in this year’s Financial Advisers Act review, the Ministry of Business, Innovation and Employment says.