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KiwiSaver guidance could be challenged in court

Wednesday 7th of November 2012

The FMA’s guidance note, which takes effect in March next year, has received a mixed reaction from the industry, with the Institute of Financial Advisers supporting it and the Bankers’ Association slamming it.

But the final guidance note may not be the end of the legal debate, according to an expert on financial services law.

Chapman Tripp partner Mike Woodbury said it was possibl...

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