Adviser liability gap leaves couple with no easy options

Adviser liability gap leaves couple with no easy options
Dispute resolution services say the liability gap affects EnableMe founder Hannah McQueen and many other advisers. (Image: NZME)
Garth Bray
Financial advice guru Hannah McQueen has sold her EnableMe brand to AMP’s Advice First, and one retail client says that has deprived him of the option to file a complaint. “You’re left hung and drying,” said the client, whose name BusinessDesk agreed to withhold. Neither McQueen’s former nor her current financial dispute resolution service (DRS) can assist the couple. Financial Services Complaints Ltd (FSCL) chief executive Susan Taylor wrote to the couple last month to explain why it could not take...

More Finance

NZ insurance firm Omni bought by UK giant Howden
Finance

NZ insurance firm Omni bought by UK giant Howden

Howden has been on a shopping spree in NZ over the past few years.

John Anthony 17 Oct 2025
New open-banking regulations confirm phased Dec 1 start
Finance

New open-banking regulations confirm phased Dec 1 start

Open-banking regulations confirm Dec 1 start for biggest banks, prohibit fees and levies.

Staff reporters 16 Oct 2025
Sharesies unleashes crypto coins on platform
Finance

Sharesies unleashes crypto coins on platform

The average spend during the beta launch has been about $1,000.

Gregor Thompson 15 Oct 2025
Otago a lukewarm jewel of economic temperature: survey
Finance

Otago a lukewarm jewel of economic temperature: survey

An economic thermometer reveals a cool-to-cold mood hanging over NZ, with Otago lukewarm.

Staff reporters 15 Oct 2025