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Guidelines for Replacement Lending
January 30, 2019 @ 11:00 am - 12:00 pm NZDT
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Advisers must always act with knowledge, competence and skill in their dealings with clients. Replacing a financial product, even when it is clearly in the client’s interests, can be a higher-risk area for both you and your client.
When it comes to recommending to a client a replacement lending product what are the guidelines and processes you follow?
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