Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


TOWER to launch new Expert Series for advisers

Media Release
26 November 2012

TOWER to launch new Expert Series for advisers


Insurer and wealth manager TOWER is to launch a new Expert Series aimed at helping advisers better understand their duties and obligations under the Care, Diligence and Skill requirements set out under recent guidelines issued by the Financial Markets Authority (FMA).

The Expert Series presented by TOWER will feature speakers from the FMA, Financial Services Complaints Ltd (FSCL) and Chatswood Consulting.

TOWER General Manager of Sales and Marketing Chris Jackson said the initiative was in response to strong demand from the adviser community that works with TOWER.

“We work with more than 2200 advisers throughout New Zealand, many of whom have told us that they would appreciate more detailed information about these requirements. We thought it would be really useful to coordinate a group of experts who can share their knowledge, in turn helping advisers increase theirs.”

Mr Jackson said that TOWER was expected strong attendance given the powerful speaker roster.

“Advisers clearly have a strong interest in this subject and of course the opportunity to hear from the FMA and FSCL directly is an opportunity too good to miss.”

The Professional Advisers Association has endorsed the concept, saying: “We congratulate TOWER on this initiative and look forward to the sessions.”

The Expert Series speakers will include:

Financial Markets Authority - Derek Grantham. Derek is the Manager of Retail Surveillance and Monitoring for the Financial Markets Authority. In this role he is responsible for enforcing the FAA guidelines in the adviser market. Derek is our keynote speaker for the presentation and his subject will be to examine the recently published care, diligence, and skill examples for the sale of insurance and replacement business. Highlighting the requirements in detail and explaining some of the examples in the recent guidance he will explore how they illustrate meeting the requirements of the Financial Advisers Act. His presentation will include reference to the requirement to not be misleading, deceptive, or confusing.

Financial Services Complaints Limited - Susan Taylor. Susan is the CEO of FSCL, one of the largest approved complaints resolution organisations operating in the market. Susan will discuss recent complaints illustrating the real world risks of incomplete or inaccurate advice. The requirements of the advice process will be connected to the real-world cases where clients complain illustrating advice failures, communication failures, and opportunities to improve processes to avoid complaints.

Chatswood Consulting Ltd – Russell Hutchinson and Rob Dowler. Chatswood provide consulting services to the industry and both Russell and Rob are well known within the adviser community. Chatswood provides insurers and advisers with compliance advice and tools. Together they will cover practical ways to meet your responsibilities. They will also manage the question and answer session, and cover subjects including product comparison, explanations of risks and risk management, financial stability ratings and the role of opinion in advice.

Content will also be provided by The Reserve Bank and all speakers will be available for questions both during and after the presentations. Structured Continuing Professional Development credits will be available to attendees.

Where and when:

Christchurch Wellington Auckland
8:30am for 9:00am
5 December 2012
Riccarton Park
165 Racecourse Road 8:30am for 9:00am
6 December 2012
Westpac Stadium
Waterloo Quay 8:30am for 9:00am
7 December 2012
Ellerslie Event Centre
80 Ascot Avenue


ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:


NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news