Proposed code changes welcomed
The Code Committee recently released an exposure draft on planned changes to the Code of Conduct for AFAs.
It will make recommendations for final changes to the code next month, after reviewing submissions.
One of the proposed pages is that the two new Christchurch Polytechnic Institute of Technology qualifications and one Massey qualification in Personal Financial Planning are to be recognised as alternatives to the New Zealand Certificate in Financial Services Level 5, the basic qualification required for AFAs.
IFA manager of member learning and development Andrew Gunn said this was good news for more qualified advisers.
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