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Bring in the Experts - What you need to consider to stay protected in the new regime. - Shared screen with speaker view
Financial Advice New Zealand
15:28
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!
Gary Cavaney
20:14
we can hear you fine in a cloudless sunny Cambridge
Emily TSAI
20:19
Good morning ^_^Yes
Sunil Prakash
20:23
yes
selwyn parker
20:30
yes
Katrina Shanks
28:27
This is your opportunity to ask specific questions regarding the PI world of Clinton and our programme at Financial Advice NZ
Dave Lucas
33:10
What happens with a potential claim when an adviser is no longer in the business when a claim against that adviser occurs
Gary Morgan
34:45
What are pecuniary penalties?
selwyn parker
44:54
Does your claim notification process match that of our disputes resolution scheme guidelines?
Peter Rickards
44:57
may we please have a copy of the slides?
Dave Lucas
45:03
Both
Theresa Hatton
45:16
To clarify your scheme will cover a one fa/fap person and is NZI likely to change their mind again?
Theresa Hatton
45:29
Does your scheme include run off if we are transferring from another scheme
Kerstin Bain
46:15
Will single adviser FAP's get PI insurance after the scheme expires?
Gary Morgan
46:33
When do you expect to be able to announce the new policy cover which comes into force post 15th July?
Sharon EVANS
46:55
If I am an Individual Adviser as an Authorised Body (not my own FAP) will I be covered?
J-P Hale
50:01
Didn’t we have confirmation of extension of the current scheme through to 1 January 2022?
Alan Pumfleet
50:42
Thank you Katrina, Clint and Marijke. Very informative. Cheers
J-P Hale
51:58
Cool. Thanks!
Theresa Hatton
52:56
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
selwyn parker
53:09
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?
Jeff Tobin
57:29
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?
selwyn parker
59:28
Sometimes your voice can be hard to hear Katrina when you talk extra fast.
J-P Hale
01:00:50
Do we have a date where we will have the renewal clarified before July?
Jeff Tobin
01:00:58
Thanks for the answer, is there cyber cover under the scheme?
J-P Hale
01:04:02
Wouldn’t it be different provider policies should respond ok, but ideally having them all under the same scheme and provider would be preferable?
selwyn parker
01:04:03
what is an AB? I thought they were all blacks?
ian milligan
01:05:04
is my new young adviser covered under my PI cover for 6 months still??
selwyn parker
01:06:16
please share slides, they were interesting
selwyn parker
01:07:26
I have 2 unanswered questions??
Gary Morgan
01:09:56
So, should advisers be notifying overseas clients about the Jurisdictional limits of the PI cover?
Theresa Hatton
01:10:33
What is not good compared to other schemes?
Sharon Lethlean
01:10:49
How long would runoff cover last for.
Jeff Tobin
01:11:06
Thank you
Dave Lucas
01:11:31
Thanks again Katrina, Clinton & Marijke
Neil Inns
01:11:46
thanks Katrina and team
selwyn parker
01:11:49
thank you. Marike can we talk
Emily TSAI
01:11:57
Thank you.