News

FMA issues second robo advice licence

Monday 27th of August 2018

Nikko Asset Management has been granted an exemption to provide personalised digital investment advice by the Financial Markets Authority (FMA).

The decision makes Nikko AM NZ only the second financial services provider in New Zealand to be granted an exemption to the current law that says personalised advice to retail clients must be given by a natural person.

The exemption clear...

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