How will changes to regulation of the finance industry in New Zealand affect your advice business? It’s a question many brokers are asking, yet there are few clear answers.
We've condensed the knowledge you need to navigate the upcoming changes to our industry.
The Financial Services Legislation Amendment Bill (FSLAB) seeks to establish a new regulatory regime for financial advice, and financial advisers in New Zealand. It is expected to come into law in April 2019.
Concern is building over the burden compliance will place on the independent financial adviser. Many believe maintaining a license in the new regime will be cost-prohibitive and misinformation is flooding the industry.
The purpose of this series of articles is to demystify regulation, and support advisers who wish to maintain the independence of their business.
Not only will licensing be affordable. We will show you how to manage licensing, how the upcoming legislation may affect the advice you provide and how to prepare your business for the future.
This e-book will cover three key sections: