News

Licensing questions need answers

Monday 5th of March 2018

Submissions were open until February 23 on the bill, which repeals the Financial Advisers Act and adds provisions for advice into the Financial Markets Conduct Act.

One of the most significant changes is that, instead of individually authorised advisers, as under the current rules, the new laws require advisers to work for licensed firms – financial advice providers (FAPs).

Advise...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.