Valuation Seminar - Last Five Seats
Maori Tribe find free health insurance 'life changing'

AFAs are not required to apply for renewals

The FMA has specified that based on transitional provision clause 79, AFAs do not need to apply for renewals. The clause states that an AFA’s authorisation will remain as is until the Financial Advisers Act 2008 is annulled. FMA is contacting AFAs individually to ensure they that they do not need to take any further actions.  As a result, AFAs do not need to pay a renewal application fee.


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