Financial Advice Code Working Group

In June 2017, the Minister of Commerce and Consumer Affairs appointed a Financial Advice Code Working Group to develop the new code of conduct for financial advice.

The new code sets standards of competence, conduct and client-care for the whole financial advice industry and came into force on 15 March 2021.

Read the code of professional conduct for financial advice services and information about the Code Committee (previously known as the Code Working Group) at link).

As part of the development process for the Code, the Code Working Group produced a summary of submissions, including responses to the points raised in the submissions, and an impact analysis.

Read the summary of submissions [PDF, 919 KB]

Read the impact analysis [PDF, 486 KB]

Read the submissions(external link)

Last updated: 15 March 2021