TMM - News

Roboadvice an opportunity, not a threat

Wednesday 18th of October 2017

The FMA has announced that it has decided to grant an exemption, under the current financial advice regime, to enable advisers to offer personalised roboadvice.

This will allow roboadvice to be offered in New Zealand ahead of the introduction of new financial advice laws that will clear the way – but not until 2019.

Further, the FMA will not proceed with proposed financial limits...

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