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FMA softens stance on KiwiSaver advice

Providers found it too risky to provide advice – so gave none.

Calida Smylie
Wed, 08 Mar 2017

The Financial Markets Authority has softened its stance on KiwiSaver advice, after it found providers were not providing any, in fear of breaking the law.

The FMA has released updated guidance on sales and advice for KiwiSaver providers, which replaces guidance given in October 2012.

The

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Calida Smylie
Wed, 08 Mar 2017
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FMA softens stance on KiwiSaver advice
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