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Industry not happy with RFAs
Wednesday 14th of October 2015
The Ministry of Business, Innovation and Employment has made public the 164 submissions it received on the Financial Advisers Act review issues paper.
There are a number of themes that stand out. One is the complexity of the current regime, which divides advisers up into registered (RFA), authorised (AFA) and qualifying financial entity (QFE) advisers.
Many submissions want the di...
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