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QFEs to get super powers
Thursday 3rd of September 2009
Investment Savings and Insurance Association chief executive Vance Arkinstall says that the Commerce Minister, Simon Power, had indicated the government would amend the Financial Advisers Act (FAA) to clarify the definition of 'agents' covered by QFEs.
Arkinstall said the FAA amendments would probably also extend the range of products QFE advisers were able to deal in. Under the original...
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