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Media releases

Keep up to date with announcements, statements and media releases on the latest news.

For media enquiries please contact:

Andrew Park
Media Relations Manager
Phone: 09 967 1215
Mobile: 021 220 6770
Email: andrew.park@fma.govt.nz

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Found 383 results. Displaying page 1 of 20

    15 May 2018

    FMA releases fourth AFA information report

    Media release MR No. 2018 – 1715 May 2017The Financial Markets Authority today published its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year.The report uses the data from that questionnaire to provide a snapshot of the sector for the 12-month period ending June 30th 2017.It has been published in Tableau to enable the industry, media and interested...

    https://fma.govt.nz/news-and-resources/media-releases/fma-releases-fourth-afa-information-report/

    10 April 2018

    Investors provide valuable insights for issuers

    Media release MR No. 2018 – 1010 April 2018 Investors have provided valuable insights about how they use the information that’s provided to them by companies offering investments. The Financial Markets Authority (FMA) today published research showing that investors saw the Product Disclosure Statement (PDS) as an improvement on previous offer documents. Investors said that they find the PDS useful, however, even those who are experienced with invest...

    https://fma.govt.nz/news-and-resources/media-releases/investors-provide-valuable-insights-for-issuers/

    27 March 2018

    KiwiSaver fees to be shown in dollar figures for first time

    Media releaseMR No. 2018 – 0927 March 2018KiwiSaver customers are about to see the fees they pay their fund managers in dollar figures for the first time, and could be in for a shock.But experts advise against bolting to a different provider with lower fees, or switching funds, unless you’ve done your research.The change to dollar figures is a result of work by the Commission for Financial Capability (CFFC), the Ministry of Business, Innovation and E...

    https://fma.govt.nz/news-and-resources/media-releases/kiwisaver-fees-to-be-shown-in-dollar-figures-for-first-time/

    16 March 2018

    Guilty pleas for holding out as being in the business of providing financial services and obstructing FMA investigation

    Media releaseMR No. 2018 – 0716 March 2018 Garry James Patterson has pleaded guilty to two charges brought by the Financial Markets Authority (FMA) at the Christchurch District Court. The FMA brought charges against Mr Patterson under the Financial Service Providers (Registration and Dispute Resolution Act) 2008 (FSP Act) in relation to various insurance policies between 1 July 2013 and 28 May 2015. To be in the business of providing financial servic...

    https://fma.govt.nz/news-and-resources/media-releases/guilty-plea-garry-james-patterson/

    15 March 2018

    Fair dealing in advertising: guidance for crowdfunding and peer- to-peer lending published

    Media releaseMR No. 2018 – 0615 March 2018FMA today published guidance on fair dealing in advertising and communications for licensed crowdfunding services, peer-to-peer lenders and the companies that offer financial products on these platforms.The guidance follows a review by the FMA of how service providers and the companies that use them advertise their businesses. The review examined whether promotional material met our ‘fair dealing’ expectati...

    https://fma.govt.nz/news-and-resources/media-releases/advertising-in-crowdfunding-and-p-2-p/