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AFA applicants moving – but slowly

Tuesday, June 7th 2011, 10:36AM

by FMA

There are now 733 AFAs and it’s good to see the recent publicity about incomplete qualifications has resulted in a lot more information being sent through over the last week. I sit along the corridor from the team processing AFA applications and popped in to ask what else advisers could do to ensure they were processed in time. Here’s what they said: • If you’ve received an email from us telling you we don’t have your results and you think you’ve completed everything, check online at your ETITO account to see if your Record of Learning has been updated with results. If you find the unit standards are not on your Record of Learning you should contact your training provider (or ETITO for Standard Sets B and C) with your result notification. If the unit standards are on your Record of Learning contact ETITO with your ETITO (FSC) number. • If you get an email from us asking for some other information or clarification please respond right away. Even a note to say you’re working on getting it to us is helpful because then we know you’ve received the message. • Contact FMA if you haven’t heard from us at all. We have had a few advisers thinking they had applied for AFA but had only completed the registration part. We have contacted all advisers who have applied to be an AFA so if you haven’t heard from us you may have made a mistake in the online application process. • Contact us if you haven’t heard from us for a while and want to check the status of your application. We’re happy to set your mind at rest if you’ve got a completed application and want to be sure you’ll be processed in time. Once you are authorised you’ll get an email from the team telling you you’re an AFA. The email will include your AFA certificate and a copy of the standard terms and conditions you’ll have to abide by. Your FSPR record will be updated to show your AFA status. We also publish the names of all AFAs on the FMA website. We’re aiming to have all completed applications processed by 17 June so you have time to update your clients. Time really is running out now so make sure you stay in touch with my team. Please don’t leave it until the last minute, we can’t delay our timetable Mel Hewitson
« Time for health insurance industry to speak upProviders’ responsibility for their KiwiSaver distribution »

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AIA - Back My Build 5.44 - - -
AIA - Go Home Loans 7.99 5.99 5.69 5.69
ANZ 7.89 6.59 6.29 6.29
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.99 5.69 5.69
ASB Bank 7.89 5.99 5.69 5.69
ASB Better Homes Top Up - - - 1.00
Avanti Finance 8.40 - - -
Basecorp Finance 9.60 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.94 - - -
BNZ - Rapid Repay 7.94 - - -
BNZ - Std 7.94 5.99 5.69 5.69
BNZ - TotalMoney 7.94 - - -
CFML 321 Loans 6.20 - - -
CFML Home Loans 6.45 - - -
CFML Prime Loans 8.25 - - -
CFML Standard Loans 9.20 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.79 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 7.65 5.99 5.75 5.69
Co-operative Bank - Standard 7.65 6.49 6.25 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 6.40 6.10 -
First Credit Union Standard 8.50 7.00 6.70 -
Heartland Bank - Online ▲7.75 ▲6.65 ▲6.35 ▲5.99
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society ▼8.60 6.75 6.40 -
ICBC 7.49 5.99 5.65 5.59
Kainga Ora 8.39 7.05 6.59 6.49
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 7.75 6.89 6.59 6.49
Kiwibank - Offset 8.25 - - -
Kiwibank Special 7.75 5.99 5.69 5.69
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 8.44 5.95 6.09 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 7.99 6.95 6.29 6.29
SBS Bank Special - 6.15 5.69 5.69
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 5.44 5.15 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.75 - - -
TSB Bank 8.69 6.49 6.49 6.49
TSB Special 7.89 5.69 5.69 5.69
Unity 7.64 5.99 5.69 -
Unity First Home Buyer special - 5.49 - -
Wairarapa Building Society 8.10 6.05 5.79 -
Westpac 8.39 6.89 6.39 6.39
Westpac Choices Everyday 8.49 - - -
Westpac Offset 8.39 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 6.29 5.79 5.79
Median 7.99 6.10 6.09 5.69

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