News

FMA wants advisers to apply for DIMS licences

Thursday 19th of June 2014

FMA Senior Adviser, Compliance Colin Magee acknowledges that the earlier consultation paper on DIMS was seen as benefitting larger firms and potentially driving independent financial advisers into corporate firms or out of the industry totally.

The new guidelines released yesterday are designed to be flexible and to allow IFAs to operate in this space, FMA director of compliance Elaine C...

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