We are pleased to deliver to you a webinar series that will provide you and your adviser business the knowledge to ensure you are compliant for the new financial service regime which starts on the 15 March 2021.
Every adviser business will have to make changes to ensure they are compliant. For each business the changes which you will have to implement maybe different. All advice businesses will have to change their disclosure statements, while other businesses may also have to change their policies, procedures and controls to evidence they are compliant in the new regime.
The webinar series Ready, Set, Go has been designed to help assist you to meet your duties, obligations and code standards in a practical workshop style. The series will take you on a 7 week journey of one hour each week. We encourage you to participate on this journey over the 7 weeks to find out what you have in place, what you need to work on and help increase your knowledge and understanding along the way
Non-members can register below to attend our webinar
Every Wednesday from 10am – 11am
27 January – 10 March 2021
Priority to client’s interest
This webinar showed you how to demonstrate that you give priority to client’s interest. Your duties under FMC Act Section 431K, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
To view the webinar you will need to login to your membership account
Competence, knowledge and skill
This webinar showed you how to meet the standards of competence, knowledge and skill.
Your duties under FMC Act Section 431I, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
To view the webinar you will need to login to your membership account
Understand the nature and scope of advice
This webinar showed you how to ensure clients understand the nature and scope of advice.
Your duties under FMC Act Section 431J, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
To view the webinar you will need to login to your membership account
Standards of care, diligence and skill
This webinar showed you how to meet the standards of care, diligence and skill. Your duties under FMC Act Section 431L, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
To view the webinar you will need to login to your membership account
Duties and obligations
This webinar talk about your duties and obligations.
Your duties under 431M,431N,431O,431P, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
To view the webinar you will need to login to your membership account
Disclosure Requirements
This webinar will show you how to step through to the new requirements for disclosure with practical examples of how to incorporate disclosure into your business (FAP) and advice process.
Financial Adviser Panel on how they prepared for the duties and obligations in the new regime
This session will allow you to ask specific questions in relation to your advise business.
*If you are not a member of Financial Advice New Zealand, you can still register for our event pending approval. We will send you an invoice for payment.
Over the past three years Leigh has been assisting both advisers and businesses to prepare for the new licensing regime in her role as a compliance and training consultant.
Leigh is a member of the Auckland Leadership team for Financial Advice New Zealand, has worked at the FMA and held senior compliance consulting roles within major NZ banks and dealer groups.
Raising professional standards is something Leigh is passionate about. Her experience as a Financial Planner in Australia (running her own practice), has been invaluable in assisting advisers navigate the changing regulatory environment in NZ.
Leigh holds a Diploma in Financial Planning from Deakin University in Australia and since moving to NZ in 2012, Leigh has completed the National Certificate in Financial Services Level 5 and a Certificate in Adult Education.
In the new regime, the new legislation means you have eight new duties under the law, nine new standards regarding the Code of Professional Conduct and regulations such as the new Disclosure Regulations. You have to abide by the new duties, standards and regulations to provide regulated financial advice to retail clients.
These are different to the old requirements and your advice business and processes will have to be reviewed and adapted to ensure you are compliant. In addition to this you also have new disclosure requirements which will have to be updated from the 15 March 2021.