How not to get sued in 2017. Advice for the AFSL and the adviser

Where do you and your advisers find the time to do it all and monitor compliance, especially considering the vast area of risks you are exposed to?

My compliance manager, during one period when I was an adviser, was a lawyer. She used to say over a post audit coffee, “Andy, I love your files. They tell such a vivid and connected story of your client’s journey. I have a question though. When do you find the time?”.

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How Video Will Transform Advice

Business woman using a digital tablet

The poor public perception of advice, despite the headlines, is not purely siloed to an impression of the institutional vertical advice businesses. While the headlines of 2016 have centered on the advice industry’s major players, it is the entire function of “advice” that has been called into question.

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Change on the horizon for New Zealand’s Financial Advisers

Author: David Whyte

Untitled-1 In early July the Hon. Paul Goldsmith, Minister of Commerce and Consumer Affairs in New Zealand, will receive recommendations from his advisers on the review of the 2010 Financial Advisers Act.

Over 150 submissions have been made by interested parties. The task of sifting through these submissions, to establish an appropriate and acceptable way forward, has no doubt tested the limits of those involved.

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