Making advice great again

Making advice great again
New regulatory regime, new jargon - will the general public be just as baffled? (Image: Getty)
David Chaplin
Just two years after the second go at regulating the financial advisory sector came into full force, the regulator is seeking feedback on whether the new regulations might actually stop regular New Zealanders seeking financial advice.In a new consultation published last week, the Financial Markets Authority (FMA) lays out a sort of review preview, exploring potential access-to-advice roadblocks.“To enhance our understanding of the availability of financial advice in New Zealand, including where consumers go to get advice, we intend to und...

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