DeVere censured by FMA for failing to meet obligations

FMA director for specialist supervision and response, Peter Taylor. (Image: Supplied)
The Financial Markets Authority has censured deVere New Zealand for failing to comply with obligations under its Financial Advice Provider licence.The Auckland-based financial services firm provides advice on insurance, investments, and retirement planning, including KiwiSaver.The censure concerns deVere’s conduct while advising clients on UK pension transfers.The Financial Markets Authority (FMA) reviewed deVere’s client files following a resolved complaint about deVere’s conduct. It found several issues.'Appropriate anal...
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