Financial Licensing: One year on

Financial Licensing: One year on

It’s hard to believe it’s already been a year since the Financial Advice Provider (FAP) licensing came into full effect.

The new regime meant all FAPs – like us – must hold or operate under a full licence from the Financial Markets Authority if they want to provide regulated financial advice to retail clients.

That means Kiwis can have greater confidence in consistent standards across the financial services industry. It enhances consumer protection and professionalism within industries like ours.

The brokers in our network did some incredible mahi to get up to speed, by obtaining their own licence or coming under the umbrella of the IANZ one.

While the past year hasn’t been without its challenges, we’re proud to be part of an industry working hard and being committed to delivering better standards and fairness to everyone seeking professional financial advice.

It’s just the first year. It’s just the beginning.

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