Introduction
The Financial Services Legislation Amendment Act (FSLAA), which takes effect from the 15th of March 2021, sets out a new regulatory regime for financial advice.
As Insurance Brokers, we are embracing the changes required by the Amendment Act. Our aim is to use this as an opportunity to enhance the services and protection provided to you, our valued clients. We are committed to complying with the new legislation and see it as a positive development for our industry.
Among other areas, the new regulations require certain information to be disclosed by us/our brokers when giving advice to clients. The information is intended to help clients make an informed decision about whether to accept and proceed with the advice, or seek further information and guidance.
In order to meet these requirements we have created new Disclosure Statements which can be found under each individual team member (about us/meet the team). This provides the required information to you in a clear and concise manner.
Our company-wide Disclosure Statement, Individual Disclosure Statements, Service standards, Compliments and Complaints and Terms of Engagement can be found under our Legal Stuff banner.
Please feel free to contact us at any time with questions around these disclosure requirements or the new legislation in general.
We look forward to the positive change being created through the FSLAA and continuing to provide you with excellent service and advice.
