FINANCIAL ADVISER SUPPORT AND RESOURCES
Financial Advice New Zealand is committed to supporting financial advisers, advocating for the financial services sector and helping New Zealanders understand the importance of quality advice. We offer the following resources for both members and non-members.
Membership of Financial Advice New Zealand
In addition to the above resources, membership provides fantastic benefits such as:
– Resources and guidance on regulatory obligations and licensing options
– Access to discounted Group Life and TPD insurance
– Access to a tailored and comprehensive Professional Liability Programme
– Weekly newsletters highlighting key industry issues and reports
– Access to internationally recognised certifications for insurance and financial planning
– Access to independent research
– A voice with legislators, regulators and officials
– Input into policy development for the financial services sector
Businesses have the option to join as Corporate Associates and help shape our advocacy and research through the Corporate Associates Forum.
Business Partnership Programme
Financial Advice New Zealand operates a Business Partnership Programme to assist in resourcing projects that will benefit both the financial services sector and the public, with the aim of promoting the value of financial advice, informing legislators and regulators, encouraging new talent into the sector and lifting standards for the sector.
Regulatory Returns Toolbox – released April 2023
Are you set up to record all the information required for the FMA’s new regulatory return starting 1 July 2023? FAPs and advisers will likely need to adopt new processes for capturing the information that may not currently be recorded in CRM systems. To help with this transition, we’ve created a set of recording tools and resources that are now available in our member portal.
Inside the toolbox
Regulatory Returns Planner for FAPs
In this spreadsheet, work through the Regulatory Return question set to plan and prioritise what new information and processes your practice needs to adopt and how you’re going to do it.
Technology Incidents Register
Record all types of material events that have affected the information security of your critical technology systems during the reporting period. Track which ones were reported to the FMA within 10 working days and the reporting requirements
Life and KiwiSaver Products Register
This spreadsheet captures the type of financial advice products that you currently and have advised on to retail customers in New Zealand for the return period.
Vulnerable Clients Register
Record and track processes and controls relating to vulnerable customers.
This spreadsheet records all complaints received from a retail client or representative during the return period and determines the most common reason for your client complaints.
Annual Professional Development Planner
Track how you’re maintaining the standards of general competence, knowledge and skill for the return period.
We stand for quality advice and advisers and a commitment to high professional standards. Our Trusted Adviser mark is a symbol of quality, professionalism and competence.
We’re dedicated to influencing policy so that more New Zealanders can benefit from the value of advice, and so that advisers are well supported in providing this crucial service and sharing their expertise.
Quality advice changes lives for the better. We’re dedicated to helping more New Zealanders understand what good advice is, how to find it, and what they should expect from a quality adviser.