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Adviser exodus smaller than expected
Thursday 29th of March 2012
When the Financial Advisers Act was introduced several pundits said it would prompt large numbers of advisers to either change industry or retire, given that many were in their late 50s and early 60s.
Anderson said that had often been the case internationally when new regulations were introduced, but the experience in New Zealand so far has been different.
“We thought there would...
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