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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...
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