Professional Advice Knowledge Hub

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Welcome to the Professional Advice Knowledge Hub where the FSC provides up to date information on regulation changes, webinars, research and other resources for those working in and around financial advice and financial services.

This page links to Navigating Regulation, our up to date information on the Financial Services Legislation Amendment Act (FSLAA) due to commence on 15 March 2021 and Get in Shape, our advice summit events and webinar resources.

Keep up to date by signing up for FSC Updates, including our regular advice community updates and messages.


Get in Shape Webinar Series

The FSC is running a series of Get In Shape webinars to keep the advice community updated and help transition to the new FSLAA regime. The 45 minute webinars run at 10am every other Friday and you can register for the next session here. Find out more below, sign up to receive updates or watch previous sessions via YouTube.

Introduction

Session 10
 
Session 9
 
Session 8
 
Session 7
 
Session 6
 
Welcome and introduction to the series from Mark Banicevich
 
2 October 2020: Get in Shape Session 10: Privacy - Reviewing your obligations under the Privacy Act 18 September 2020: FAP Risk Management

4 September 2020: Governance and Director's duties

21 August 2020:
Technology-making your processes more effective
9 August 2020:
An opportunity to redesign your advice process
   

 

Resources for webinar 7: Selecting new software for the business    
 
Navigating Regulation: Financial Services Legislation Amendment Act
The Financial Services Legislation Amendment Act (FSLAA) is major legislation change that will affect anyone that gives financial advice in New Zealand and comes into force on 15 March 2021.

There are four key elements to the FSLAA changes being introduced by the New Zealand Government: Code of Conduct, Disclosure, Licensing and Fees & Levies. The changes are designed to improve financial advice for consumers across New Zealand. 

The Navigating Regulation resources have been designed to keep Financial Advisers up-to-date on the legislation and provide support to prepare for the changes ahead, and will be updated regularly. The FSC send regular messages to the financial advice community - Sign-up below to receive updates to your inbox.

Read more about FSLAA, Code of Conduct, Disclosure, Licensing and Fees & Levies by clicking the links below.

20200630a - Updated FSLAA timeline v5
NR19-FSLAB
FSLAA
 
NR19-CodeofConduct-567
CODE OF CONDUCT
 
NR19 - Disclosure-245
DISCLOSURE
 
NR19-License-791
LICENSING
 
NR19-FeesLevies-890
FEES & LEVIES


Research

The latest 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 FSC 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.

 
Money & You 2

Money & You 1
 
Financial Resilience

August 2020:
Financial Advice? The $1.5 Million Question.
Read more >

June 2020:
It’s not about the money – Kiwis’ tricky relationship with their finances revealed.
Read more >

May 2020:
Financial Resilience Index: Tracking wellbeing and money worries.
Read more >

See other Financial Services Council research including Life Insurance and KiwiSaver,
 
Get in Shape Advice Summits 2020

The Get In Shape Advice Summits were held across New Zealand in February 2020 and featured a welcome from Minister Kris Faafoi, and representatives from MBIE, the FMA and industry. Find out more below or on the Get In Shape event site.
 
Summit Wrap

Minister Faafoi Welcome
 
Minister Faafoi Q&A
 
Regulatory Panel
 
Adviser Panel

Advice 2020 Panel
 
 


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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