The Board of Financial Advice New Zealand has announced Nick Hakes as Chief Executive Officer. Nick will commence in the role on Monday 26 February 2024. “The Board is delighted to appoint Nick Hakes as the Chief Executive Officer of Financial Advice .
The SMSF Association has welcomed the proposed exposure draft amendments regarding the financial adviser examinations. In its submission to the government on Corporations (relevant providers – educa
Almost 6,000 financial advisers have just two weeks to register with ASIC if they wish to continue to provide advice with the FAAA warning “a lot is at stake” if they remain unregistered.
The FSC and SIAA have recommended against major changes to the income or product values for the sophisticated investor test, despite a spike in eligible investors, as they believe the limits are already sufficiently high.