FMA eyes KiwiSaver issuers
Friday, June 21st 2013, 4:33PM 
1 Comment
The FMA is to take action against two unnamed KiwiSaver issuers for making misleading statements in offer documents.
It has reviewed 15 of the schemes.
“FMA is currently in the process of taking action against two issuers due to non-compliance with securities legislation relating to potentially misleading statements in their offer documents," it said in its report this week.
| « Govt looks for new bank | Sovereign rating affirmed » |
Special Offers
Comments from our readers
On 26 June 2013 at 9:23 am David Whyte said:
Why won't the regulator name the errant product providers? I wonder if the same leniency would be afforded to an errant AFA?
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
