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

FMA finds insurers treating financial advisers to lavish getaways

"The writing may well be on the wall for these sorts of incentives," says FMA's Liam Mason.

Mackenzie Smith
Wed, 11 Jul 2018

Sometime between April 2015 and March 2017, 20 financial advisers took a leisurely all-expenses-paid trip to London.

The total cost of the trip was $1.9 million, or $95,000 per adviser, which included “professional development activities” for the advisers.

Their generous donor? An insurance

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Mackenzie Smith
Wed, 11 Jul 2018
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FMA finds insurers treating financial advisers to lavish getaways
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