News

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...

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.