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Financial Advice NZ reveals PI renewal costs

Thursday 10th of June 2021

The trade organisation for financial, mortgage and investment advisers has confirmed its renewal prices for the 2021/22 year.

Class 1 FAPs (sole advisers with their own licence), will face premiums ranging from $1,700 to $3,600, depending on the advice stream. 

The liability programme will cover all advice provided by the FAP.

Meanwhile, costs for Class 2 FAPs (lice...

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