Code changes signed off

Changes to the Code of Professional Conduct for Authorised Financial Advisers have been given the green light.

“The Code Committee has worked with industry to provide further clarification for advisers around their scope of service," Commerce Minister Paul Goldsmith said.

“The changes aim to improve access to personalised advice, so that more New Zealanders can get advice that is tailored to their wants and needs.

“A robust code of conduct provides reassurance to New Zealanders that their financial adviser is bound by strong ethics and their advice can be trusted."