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Closing the KiwiSaver gap

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The Voice of the Financial Services Sector in New Zealand

 

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Covid-19: FSC News, Updates and Connect Webinars

12 Aug 20 - The Financial Services Council has issued advice on both KiwiSaver/Investments and Life Insurance during Coronavirus (COVID-19).

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Financial Resilience Index August: Tracking wellbeing and money

15 Oct 20 - The Financial Resilience Index is a tracking survey of New Zealanders’ views on five key financial resilience indicators carried out by CoreData. The first rounds of the Index looked at how these views changed from March 2020 to April 2020 and this third and final round was collected between 6-7 August 2020. A total of 1,000 valid complete responses were collected in the August round. The sample is representative of the New Zealand consumer population in terms of age, gender and income based on the latest Stats NZ data. 

Read the media release and Financial Resilience Index 3 here.

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Money & You - Financial Advice? The $1.5 Million Question

11 Aug 20 - New research commissioned by the Financial Services Council has found that New Zealanders’ reluctance to seek financial advice is coming at a significant financial and personal cost.

The second in a three part research series looking at New Zealanders’ relationship with money, ‘Money and You – Literacy, Insight & Advice’ surveyed 2000 Kiwis to understand why New Zealanders don’t seek help with their finances and to unlock the myths about what good support means and how it reduces financial stress.

Read the full report and the media release.

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Code, conduct and culture 

We are clear, as an industry that we need to take the lead in lifting standards to deliver better outcomes for New Zealanders.
 
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KiwiSaver

The KiwiSaver scheme is New Zealand’s voluntary long-term savings scheme and the FSC has made recommendations to make KiwiSaver work harder for Kiwi's.
 
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Life Insurance

There are a number of risks in life, such as natural disasters, loss of income, and sickness. Our members cover 95% of the life insurance market in New Zealand.
 
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Submissions

See the submission we have made to the New Zealand Government and Regulators on topics as wide ranging as foster care to tax and insurance to conduct and culture.
 
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Membership

Make a real difference to the financial services sector and to the everyday lives of Kiwi's. Find out more about the benefits of being a member of the Financial Services Council.

News

FSC news

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It’s not about the money – Kiwis’ tricky relationship with their finances revealed

16 Jun 20 - It’s not about the money – Kiwis’ tricky relationship with their finances revealed

New research commissioned by the Financial Services Council provides a unique look at New Zealanders’ relationship with money and how it affects their decisions and wellbeing. The first in a three part research series, we surveyed 2000 Kiwis to get a comprehensive understanding of how New Zealanders feel about money, their level of knowledge about it, and how it impacts key areas of their lives.

Read the report here.
Read the media release here.

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Financial Services Council launches new Code of Conduct

5 Sep 18 -

On the eve of its national conference, the Financial Services Council (FSC) has launched a new set of standards and guidance for its members, the FSC Code of Conduct.

Developed over two years by FSC members, the Code of Conduct is designed to build the professionalism of the industry by reinforcing the need for good conduct and a strong consumer-focussed culture.

As a living code, FSC members will work to develop best practice and guidance for the Code’s nine standards, which fall into three core objectives covering ethical, communication and consumer outcomes.

It will come into force on 1 January 2019.

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Get In Shape Advice Summits 2020 wrap, videos and presentations

20 Feb 20 - On behalf of the co-hosts, a huge thank you to our speakers, marketplace stallholders and everyone that joined us at the Advice Summits. It was amazing to see so many of the advice community coming together and looking forward to the future of financial advice in New Zealand.

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About Us

The Financial Services Council is a non-profit member organisation and the voice of the financial services sector in New Zealand. Learn more
     

Contact Us

+64 (09) 985 5762
fsc@fsc.org.nz
Level 33, ANZ Centre
23-29 Albert Street
Auckland 1010
New Zealand