News

Handful of DIMS applications received

Wednesday 25th of February 2015

Only one – to Gareth Morgan Investments – has been granted.

New DIMS providers had to have a licence as of December 1.

Those already authorised for DIMS who wish to continue to offer DIMS must apply for a licence by May 31.

Most advisers’ DIMS are expected to count as class, including those who use any kind of model portfolio.

Murray Weatherston, of SIFA, the industr...

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