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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

FMA hits back at censured KiwiSaver provider’s claims

Aurora Financial was found to have misled potential and existing clients about returns – yet claimed this did not impact customers.

FMA executive director of enforcement and response Paul Gregory.

The Financial Markets Authority has rejected claims from a financial advice provider that its misleading of existing and potential clients about returns did not have any impact on them.

Yesterday, the FMA censured Aurora Financial Group after it materially contravened two market services license

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Hamish McNicol Thu, 11 May 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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FMA hits back at censured KiwiSaver provider’s claims
General Business,
99004
true