News

FMA warns adviser for KiwiSaver advice

Friday 5th of March 2021

In a move sending a clear message to the industry, an AFA has been warned after offering bulk KiwiSaver advice to clients.

Roger Gannon, an AFA at Gannon Insurance Brokers, sent a bulk email to his clients in March 2020. He recommended they immediately move their savings in KiwiSaver plans and similar investment funds to “low risk” funds in the wake of market uncertainty cau...

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.