Strategi launches KiwiSaver course

“KiwiSaver is the backbone to many peoples’ retirement and it is essential they have access to quality advice and can make informed decisions about their future finances”, said David Greenslade, managing director of the Strategi Institute.

“Advising on KiwiSaver is a good way for financial advisers to generate additional revenue plus build closer client relationships.”

Greenslade said financial advisers relied on offering class advice, or an information-only service, as a way to provide advice on a KiwiSaver scheme.

But the Financial Advisers Act still requires financial advisers to exercise the care, diligence and skill that a reasonable financial adviser would exercise in the same circumstances.