Wanted – Fidelity Life looking for the next generation of financial advisers.

Career connect aims to help bring new advisers to the industry as some retire or choose not to adopt updated licensing requirements. In July, the Financial Markets Authority reported that only 663 providers (just over a third) had received or applied for their full licence. 

But with the cost of living crisis and inflation impacting many New Zealand households, the need for professional financial advice is arguably more important than ever. 

In 2021, research from the Financial Services Council (FSC) found that those who had engaged with a financial adviser had greater peace of mind, control and confidence over their finances, ultimately helping to transform their experience with money. 

Fidelity Life Head of Solutions and Services Trecia Brown says without a robust adviser industry, the underinsurance issue in New Zealand will only continue to get worse. 

“We choose advisers as a core channel because they deliver better long-term outcomes for our customers. Without more qualified advisers, New Zealanders may miss out on making informed financial decisions, as they won’t have access to professional advice.