Bring in the Experts - What you need to consider to stay protected in the new regime. - Shared screen with speaker view
Who can see your viewing activity?
Financial Advice New Zealand
Good morning everyone. Welcome to our 58th Bring in the Expert Webinars. You have all been muted and your videos turned off but feel free to ask questions down the side bar in the chatroom and in questions and answers. Katrina Shanks will ask the questions on your behalfEnjoy the webinar!
we can hear you fine in a cloudless sunny Cambridge
Good morning ^_^Yes
This is your opportunity to ask specific questions regarding the PI world of Clinton and our programme at Financial Advice NZ
What happens with a potential claim when an adviser is no longer in the business when a claim against that adviser occurs
What are pecuniary penalties?
Does your claim notification process match that of our disputes resolution scheme guidelines?
may we please have a copy of the slides?
To clarify your scheme will cover a one fa/fap person and is NZI likely to change their mind again?
Does your scheme include run off if we are transferring from another scheme
Will single adviser FAP's get PI insurance after the scheme expires?
When do you expect to be able to announce the new policy cover which comes into force post 15th July?
If I am an Individual Adviser as an Authorised Body (not my own FAP) will I be covered?
Didn’t we have confirmation of extension of the current scheme through to 1 January 2022?
Thank you Katrina, Clint and Marijke. Very informative. Cheers
As we have to make decisions prior to 1st July in order to stay in business with regard to PI we would need some information soon 1 July is imminent
I left NZI scheme due to high(er) minimum premiums increases in favour of Dual Insurance. Has this situation this changed? Should I relook at NZI scheme?
will there be a pi cover option for single adviser faps from renewal and if so how long do we have to apply to join if we are not currently a member of the fanz pi scheme?
Sometimes your voice can be hard to hear Katrina when you talk extra fast.
Do we have a date where we will have the renewal clarified before July?
Thanks for the answer, is there cyber cover under the scheme?
Wouldn’t it be different provider policies should respond ok, but ideally having them all under the same scheme and provider would be preferable?
what is an AB? I thought they were all blacks?
is my new young adviser covered under my PI cover for 6 months still??
please share slides, they were interesting
I have 2 unanswered questions??
So, should advisers be notifying overseas clients about the Jurisdictional limits of the PI cover?
What is not good compared to other schemes?
How long would runoff cover last for.
Thanks again Katrina, Clinton & Marijke
thanks Katrina and team
thank you. Marike can we talk