Russell Hutchinson Opinion
Two big questions in conduct law causing advisers concern, and its unintended consequences

Monday 30th of March 2020
The draft allows that the FMA will have the power to regulate incentives, and defines incentives clearly including the definition of commission (in section 446P). The effect is that the FMA will have the power to ban all commissions if it wishes.
While MBIE assured Katrina Shanks at Financial Advice New Zealand that the commission model was not under threat, only incentiv...
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.