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AFAs get first report card from FMA

Authorised Financial Advisers have shown good ethics but need to work on their record-keeping and ensuring personalised advice is suitable for the client, the Financial Markets Authority says.

Friday, July 13th 2012, 10:22AM

Read what it says here

Download full report here

« KiwiSaver a difficult sell for RFAsTNPPA reaches 12-month membership target in just 3 months »

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  • FMA CEO on leave
    “@Murray: The reps seemed to be acting on their personal interests rather than the interests of advisers. Conflict of interest,...”
    7 days ago by w k
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    “In this recent presentation of mine https://www.knowrisk.co.nz I show that the average Balanced KiwiSaver fund has added...”
    7 days ago by P Urbani
  • FMA CEO on leave
    “@pragmatic The most elegant description of what you are talking about was retired Chief Justice of Australia speaking at...”
    8 days ago by Murray D Weatherston
  • Are we doing right by our clients when it comes to TPD?
    “Great article, Kat. The problem is that none of this feels real to people until it is. I'm as guilty as anyone. Death...”
    8 days ago by Own Occupation
  • FMA CEO on leave
    “There is real heat in the criticism aimed at the regulator, but it is pointed at the wrong target. The serious charge is...”
    8 days ago by Pragmatic
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