Financial Advice New Zealand says the Code of Professional Conduct for Financial Advice Services has fallen short in the crucial area of qualifications and professional development.
Read MorePublic confidence and trust in the life insurance sector is essential; life insurance contributes significantly to the financial well-being of New Zealanders. Reports like that released by the FMA and RBNZ today – Life Insurer Conduct & Culture – play a vital role in highlighting areas where the sector can better serve New Zealanders, and importantly, maintain and grow public confidence and trust.
Read MoreAll should be qualified, not just financial advisers. Financial Advice New Zealand states that there should be one minimum qualification (or the equivalent through RPL) for all persons providing regulated financial advice.
Read MoreClick below to read the submission. Draft Financial Advice Code – Financial Advice New Zealand Submission – 9 November 2018 (002)
Read MoreFinancial Adviser Associations have jointly submitted on the Draft Code of Professional Conduct, stating that key changes are needed to support public confidence and trust.
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