Tell MBIE what you think of regulation
It contains 36 questions covering everything from the adviser’s age and ethnicity through to what benefits they have seen as a result of regulation.
Advisers are asked how effective developments such as the Code of Professional Conduct for AFAs, disputes resolution schemes and the FMA have been in building consumer confidence.
They are also asked whether they think there should be a set minimum standard for non-authorised financial advisers to enter the industry and whether the current requirements for authorised financial advisers are sufficient.
IFA chief executive Fred Dodds said the survey was a positive thing. “I applaud MBIE in particular for saying this is a huge review and rather than sitting behind our desks doing it from a straight technical perspective, we’ll get out there.”
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
