Life After Licensing: We need your feedback

As we mark the first year of the new financial services regulatory landscape and the initial reporting deadline for financial advice licenses on 30 September 2024, the Financial Services Council (FSC) invites your input.

We are committed to supporting financial advisers and financial advice providers as they navigate and succeed in New Zealand's financial services market.

You may already be familiar with some of our initiatives, including the Get in Shape webinar series, Future Ready Summits, Disclosure Guide, Financial Advice Law Guide, and the Locum Financial Advice Arrangements Guide as well as sessions at the FSC Conferences.

Now, we want to hear from you!

If you are a Financial Advice Provider (FAP) or a financial adviser, we encourage you to complete this short survey:

Take the survey here.

What's in the Survey? 

The survey is designed to take just 5–8 minutes to complete and consists of nine short sections. We are exploring two key areas:

1. Keeping up with compliance
   We want to understand how FAPs and financial advisers are managing the Financial Markets Conduct Act (FMCA) requirements, which were fully implemented in March 2023. This includes how you’re adapting to monitoring visits from the Financial Markets Authority (FMA).
   
   
2. Understanding ongoing impacts of compliance on your business
   Are compliance requirements impacting your ability to engage with clients effectively? In this section we would like to understand the compliance aspects of giving advice that you find most difficult to understand, what is expected or are the most burdensome on doing business.

Why your Feedback Matters

Your responses will help us identify themes to guide the FSC’s focus moving forward to help us shape industry benchmarks and best practices so you can understand ‘what good looks like’. All responses will remain anonymous.

If you'd like to receive a summary of the results, you can choose to provide your email address at the end of the survey.

Deadline to Respond

Please share your feedback by Friday, 12 December 2024.

Take the survey here.

Thank you for taking the time to contribute. Together, we can continue to strengthen the financial advice industry in New Zealand!