News

Patch protection blamed

Friday 11th of October 2013

The Code Committee had toyed with allowing non-AFAs to offer investment advice on KiwiSaver via a pathway that was dubbed “KiwiSaver lite” by some.

But in its revised version of the new code, it had dropped the recommendation. Instead, AFAs who have not done the investment qualification will be able to offer advice only on the first-home withdrawal aspect of the scheme.

Chairman D...

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.