The information provided on this page is important and it is strongly recommended you read the documents in PDF form (at the top of the page in the red boxes).  Once you have read them, if you have any questions, contact me and I will clarify for you.  It is part of the process of keeping New Zealanders safe and informed about the people you engage with for financial advice.

All financial advisers are regulated under the Financial Markets Conduct Act 2013 (FMC Act), as amended by the Financial Services Legislation Amendment Act 2019 (FSLAA). 

Code of Professional Conduct

Anyone giving advice to retail clients must comply with the Code of Professional Conduct for Financial Services. This outlines the standards of ethical behaviour, conduct, client care, competence, knowledge, and skill you need to meet when giving regulated financial advice to retail clients in New Zealand. The Minister of Commerce and Consumer Affairs approved the Code of Professional Conduct in May 2019. It takes effect from the start of the new regime on Monday 15 March 2021.

A person who gives financial advice must:

Part 1: Ethical behaviour, conduct and client care

  1.  Treat clients fairly
  2. Act with integrity
  3. Give financial advice that is suitable
  4. Ensure that the client understands the financial advice
  5. Protect client information

Part 2: Competence, knowledge and skill

  1. Have general competence, knowledge and skill
  2. Have particular competence, knowledge, and skill for designing an investment plan
  3. Have particular competence, knowledge and skill for product advice
  4. Keep competence, knowledge, and skill up-to-date