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Monday, 28 June 2021, 12:06 pm The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has released a guide to talking about money online following concerns some social media influencers and bloggers may be straying into regulated financial advice. Rob Everett, FMA Chief Executive, said the new guide is primarily intended for social media influencers but also contains useful tips for consumers when they come across someone providing financial commentary on social media. “Many people now offer their thoughts and perspectives on all sorts of financial matters and some have built str...

The market regulator has come out with a set of dos and don'ts for "influencers" - people who dish out financial advice on social media but are not legally entitled to do so.

Press Release – Financial Markets Authority The Financial Markets Authority (FMA) – Te Mana Ttai Hokohoko – has released a guide to talking about money online following concerns some social media influencers and bloggers may be straying into regulated financial advice. Rob Everett, FMA Chief … The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has released a guide to talking about money online following concerns some social media influencers and bloggers may be straying into regulated financial advice. Rob Everett, FMA Chief Executive, said the new guide is primari...

Date Time FMA appoints Liam Mason as General Counsel The Financial Markets Authority – Te Mana Tātai Hokohoko (FMA) has appointed Liam Mason as General Counsel. Rob Everett, FMA Chief Executive, said Mr Mason brings deep experience and institutional knowledge to this critical role, having worked at the FMA since its establishment in 2011. “As General Counsel, Liam will advise the FMA executive and board, and lead the enforcement, policy and governance, corporate legal, and investigations teams. He is a key adviser on a broad range of matters relating to the FMA’s remit and he continues...

New Zealand Financial Markets Authority: New Default KiwiSaver Settings Designed To Benefit Members Date 14/05/2021 The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) notes the Government’s announcement today regarding new KiwiSaver default provider arrangements, these include new settings that offer a package of benefits for default KiwiSaver members. Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark have revealed the appointment of BNZ, Booster, BT Funds (Westpac), KiwiWealth, Simplicity and Smartshares (NZX) as default providers...