Weekly Wrap: Adviser Regulation
Instead of the normal Friday Weekly Wrap we have a mid-week catch-up. After all there is likely to be little work happening on Friday.
Wednesday, December 21st 2005, 10:41AM
The most important news is the story Good Returns published this morning on adviser regulation. The task force's recommendations have gone to cabinet and been approved. Also the Securities Commission is the body which will oversee regulation of advisers. Securities Commission to regulate advisers
Cabinet has given the go-ahead to financial industry co-regulation. The broad proposals outlined by the Task Force on Financial Intermediaries earlier this year have been approved by Cabinet this week. [more]
Also there is plenty happening at the FPIA including a name change
FPIA
name to go
The Financial Planners and Insurance Advisers (FPIA)
Association is to have a new name from the middle of next year.[more]
PEOPLE
In People we have news of three new appointments at
AIA.
AIA's new faces
Read the latest news and see what rates you can earn on your money at www.depositrates.co.nz
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