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Ready, Set, Go - Practical knowledge for the new regime - Transitional Licensing - Shared screen with speaker view
Financial Advice New Zealand
11:10
Good morning everyone. Welcome to our Ready, Set, Go Webinars series. 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!
Tracey Robinson
11:46
Thank you, team
Financial Advice New Zealand
13:53
Here is the link for the guide if you do not have it.Disclosure requirements - https://financialadvice.nz/wp-content/uploads/2021/03/Disclosure-Requirements-Guide-Version-2-.pdf
Gary Cavaney
18:54
We can hear you clearly here in Sunny Cambridge
Financial Advice New Zealand
21:14
Thanks in advance Sunny Cambridge:)
Dana Brown
22:07
Have we started yet?
Guy Parsons
22:12
Sunny in Lincoln, Canterbury!
Tanaz Siganpori
22:42
Good morning Katrina and Leigh. And All. From Cloudy Auckalnd
Tanaz Siganpori
22:54
yes we can.
Emily TSAI
22:59
Yes
Rupert Gough
23:01
yep
HELEN FU
23:01
yes
Anand Srinivasan
23:02
yes
Elise Vine
23:02
all good
Steve Wymer
23:05
All good
Angela Downie
23:05
Yes - Thanks!
Stephen O'Connor
23:06
👍
alastair gaudin
23:08
yes clear
Moosa Mohammed
23:09
loud and clear
Gary Cavaney
23:09
🙃
Stephen Fitzjohn
23:10
It is nice on the Kapiti Coast
robyn edwards
23:12
yip all good
Clinton Stanger
23:54
no
Elise Vine
23:55
yes
Stephen O'Connor
23:59
yep
Tracey Robinson
23:59
Yes
Greg Coldicutt
24:00
Yes
Steve Tutbury
24:00
yes
Tanaz Siganpori
24:00
No. nly Insta
Graeme Ryan
24:00
No
Ian Milligan
24:01
no
Carissa Fairbrother
24:01
yes
Angela Downie
24:01
Yes ;)
Richard Turfrey
24:02
yes
Emily TSAI
24:02
Yes.
John Milner
24:03
Yes
Stephen Fitzjohn
24:03
Yes
Nicki Kane
24:04
Yes
Alison Lissington
24:04
No
alastair gaudin
24:05
no
Michael Shears
24:05
No
Steve Wymer
24:05
No
Sarah Bloxham
24:06
yes
Andrew Kay
24:06
Yes
Jessica Jamieson
24:07
No
Paul Michaelsen
24:07
yes
Bob Sinclair
24:08
yes
Sarah Robinson
24:08
No
Michelle Cook
24:08
Yes
Rupert Gough
24:08
yep
Stephen Holdem
24:09
no
Yun-Sung (Thomas) Chiou
24:10
no
Rosie France
24:11
yes
Nigel Kerr
24:13
yes
Paul Michaelsen
24:13
yes
Peter Coltman
24:13
yes
Warwick Hansen
24:15
No
Sarah Bloxham
24:17
yes
Nigel Elson
24:17
yes
Elise Vine
24:17
yes
Paul Michaelsen
24:17
yes
Suresh SHARMA
24:17
yes
Andrew Kay
24:17
Yes
Jessica Jamieson
24:18
Yes
Tanaz Siganpori
24:18
Yes
Steve Wymer
24:18
Yes
Moosa Mohammed
24:18
no
John Milner
24:18
Yes
Graeme Ryan
24:19
Yes
Clinton Stanger
24:19
yes
Nigel Elson
24:19
yes
Warwick Hansen
24:19
Yes
Rosie France
24:19
yes -linked
Andy Hyland
24:19
yes
alastair gaudin
24:20
yes
Greg Coldicutt
24:20
Yes
Nicki Kane
24:20
Yes
Rupert Gough
24:20
yep
Steve Tuhaka
24:20
Yes
Lance Keall
24:21
Yes
Michelle Cook
24:21
yes
Sarah Robinson
24:21
yes
Tracey Robinson
24:21
Yes
Emily TSAI
24:21
Yes
Stephen O'Connor
24:22
👍
Vicki Dale
24:22
Yes
Meredith Cornelius
24:22
yes
Richard Turfrey
24:22
yes
Yun-Sung (Thomas) Chiou
24:22
yes
Ian Milligan
24:22
no
Steve Tutbury
24:23
yes
Carissa Fairbrother
24:24
yes
Nigel Kerr
24:25
yes
Peter Masters
24:25
yes
Bob Sinclair
24:26
yes
Stephen Fitzjohn
24:26
LinkedIn yes
Mark Stoneman
24:27
no
Robert Wilson
25:57
Yes
dannie hawkins
28:24
Can you provide a list of changes between version 1 and 2 of your disclosure guides please
Financial Advice New Zealand
33:51
Does conflict of interest make sense to everyone?
Meredith Cornelius
34:06
Yes!
Bob Sinclair
34:19
yes
Steve Wymer
35:14
It does, but when the example says commission paid by providers, this is all applications, why could this be a conflict on interest?
Vicki Dale
36:45
Come 15 Mar ch we will only have a Transitional FAP licence. Does this have to be provided as well as our FSPR number?
Financial Advice New Zealand
37:22
As it may influence which provider you use based on the amt of commission a provider may pay. You manage this by doing a comparison of products and select the relevant product - make sense?
Steve Wymer
39:47
Perfect, sorry I misinterpreted :-)
Warwick Hansen
45:35
When is FAP used and When is FSPR used. Company has a FAP no.? Financial Adviser (FA) has an FSPR or an FA number?
Sarah Robinson
47:27
What's the need to detail the actual processes of the FAPs ICP in the public disclosure? Surely this detailed info is not relevant at this time?
Nick Green
48:58
will the presentation be available, as the connection is particularly bad today?
Bob Sinclair
53:53
Partners did a compliance presenttation recently. The implication was that if you are a sole adviser (or any adviser) receiving commsion personally form the FAP you need to state that you are receiving it. Not just the FAP.
Sarah Robinson
01:00:37
I think you've completely misunderstood the question - it was around the "detail" of our actual internal processes rather than a generic para about having an ICP, who our contact is etc.
Sarah Robinson
01:02:07
ie generic is "If you have a problem, concern or complaint about any part of our advice or service, please tell us so that we can try to fix the problem. Our internal complaints manager is Megan White who can be reached via email at mwhite@whitestripesfs.co.nz or 03 123 123. Megan will reply to you within 24 hours." Why do we need to add more detail than that?
Anna McClure
01:02:12
True!
Bob Sinclair
01:03:01
Can we have some advice on what should be disclosed on calling cards please
Tony Walker
01:06:14
As far as I am aware there is no transitional licence number - please confirm
Emily TSAI
01:15:09
I will be the sole financial adviser under my own company also as a FAP.If I want to email my new Business Card and new Disclosure Statement to all my existing clients on15Mar2021.Question 1, re Biz CardOther than the contact details, what are the essential information needs to be included in the new Biz Card.Question 2, re Disclosure StatementJust provide the FAP related Disclosure statement section or All of them in all.
Bob Sinclair
01:15:17
so what number goes on the card?
Elise Vine
01:18:17
thanks soooo much that is great.
Qihong Zhou
01:19:15
Very useful & informational; many thanks!
Manasi Rataul
01:19:29
yes
Bob Sinclair
01:19:34
thank you
Tanaz Siganpori
01:19:43
thank you, that was really helpful.
alastair gaudin
01:19:58
thank you
Michelle O'Connell
01:20:06
Where can we get the template
Angela Downie
01:20:34
Thank you ladies :) Great webinar as always!