News

MBIE told consumers can't see advice value

Friday 1st of January 2016

In its submission on the Ministry of Business, Innovation and Employment’s Financial Advisers Act Options Paper, Law Society president Chris Moore said the paper seemed to miss a lack of perceived value as a barrier to consumers obtaining advice.

But if it wanted to meet its stated aim of improving public confidence, it needed to find a way to overcome it, he said.

“Because this b...

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