New Zealand Legislation: Bills

13 Financial adviser must disclose experience, qualifications, professional standing, etc

• A financial adviser must disclose—

  • (a) the following information in relation to any qualifications of the adviser that are relevant to the performance of a financial adviser service:

    • (i) the nature of the qualifications; and

    • (ii) when those qualifications were obtained; and

    • (iii) a brief description of the extent to which the adviser has kept up to date the knowledge gained in obtaining those qualifications; and

  • (b) a brief description of the adviser’s experience as a financial adviser; and

  • (c) the name of the approved professional body of which the financial adviser is a member; and

  • (d) the approved dispute resolution scheme of which the financial adviser is a member.

  Compare: 1988 No 234 s 41B