To provide regulated financial advice under the new regime, you need to comply with the Code of Professional Conduct for Financial Advice Standards. In particular, Part 2 – Competence, Knowledge and Skill. These have changed in the new regime and for some financial advisers the competency requirements are much higher. If you breach these competency standards it will impact on your FAP and you as a financial adviser.
Did you know there is a safe harbour? Do you qualify? What if you change the type of advice you are providing? Is KiwiSaver advice considered investment advice?
In this webinar we will drill into what competency means and how to meet your obligations. Derek Grantham (FMA) will facilitate a panel discussion with special guests Angus Dale Jones (Code Committee Chair), Kath Williams (SKILLS), and John Botica (FMA).