Licensed to Kill....

Dire predictions of Advisers deserting the financial services industry in the face of the legislative review may or may not be accurate. But from the draft Bill presented to Parliament it appears that the regulator will have the power of life and death over small adviser enterprises.

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David Whyte
Speak now, or......

The time is rapidly approaching when the opportunity for views on the proposed financial services legislation have to be presented.
The Financial Services Legislation Amendment Bill (FSLAB) has been promoted in priority and has passed its First Reading.
 

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David Whyte
Progress......and a lesson from abroad......

Last week, the Financial Services Legislation Amendment Bill (FSLAB) was presented to Parliament for its first reading. Submissions made by MPs were broadly supportive of the Bill, but there was one point offered which id worthy of closer attention.

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David Whyte
Cause for concern?

At the Booster Conference in Wellington last week – an excellent, informative, and very worthwhile event, I might add – references were made by MBIE and FMA to life insurance commissions that are worrying.

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David Whyte
Reasons to be cheerful - Part 2. Intention, Incredulity, Integrity....and Christmas Cheer

Adios 2016 - almost! A review of any year highlights the good, bad, and the indifferent - or events that have seen intentions delivered, or have left us incredulous,  or present us with benchmarks of integrity to be admired and acknowledged. Despite some bad and distinctly indifferent aspects, there are still reasons to be cheerful and optimistic - and to look forward to 2017.

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