Hello

There’s a lot of regulation news this week including the Code Committee’s latest discussion paper – this one on ethics, plus more fallout and comment on the Commissioner of Financial Advisers decision to sack advisers from the committee.

On a more positive note The National Partnership has launched its new academy and Asteron is gearing up for growth.

Insurance News

TNP: dealers must deliver
Risk-based advisory group The National Partnership (TNP) officially launched its Academy program this week, offering 80 advisers the chance to fast-track business growth with a money-back guarantee. More

ISO to rule on advice disputes
The Insurance and Savings Ombudsman (ISO) will open its disputes resolution scheme to the financial advisory market. More

No advisers on Code Committee. No problem: Cotton
The Commissioner for Financial Advisers Annabel Cotton is unconcerned by the depletion of practicing financial advisers from the Code Committee, believing the remaining committee members are “very capable” of developing a professional code of conduct for advisers from here. More

Code Committee outlines ethics required
The Code Committee setting regulations for the financial advisory industry has released another discussion paper - this one on ethics and adviser behaviour. More

People

Asteron appoints new senior leadership team
Asteron New Zealand has made number of changes to its senior leadership team, as part of its strategy to build momentum and growth in the upcoming regulated environment. More

Blog:

Code Committee sackings unwarranted
With all the controversy of the advisory industry I thought it would be worth recording some thoughts on what is going on at the moment. More

Opinion: Russell Hutchinson

Advice counts - and you have to have a method
A company I was speaking to the other day were proudly showing off an analysis tool which they felt ‘gives us an advice process'. But we've all seen clever tools for identifying a need and working out how much cover is required. More