The Ministry of Business, Innovation and Employment (MBIE) sought feedback on an exposure draft of proposed regulations under the Financial Markets (Conduct of Institutions) Amendment Act 2022 regarding the prohibition on certain sales incentives.
Members can withdraw their KiwiSaver savings at the time they qualify for NZ Superannuation (65 years old).
People who do not choose a specific KiwiSaver fund when they start work and are not already a KiwiSaver member are automatically enrolled in a ‘default fund’.
The Ministry of Business, Innovation and Employment (MBIE) has today confirmed that Mr John Matthews has been appointed as Chair of the Financial Advisers Disciplinary Committee.
MBIE is responsible for administering certain aspects of the KiwiSaver Act 2006.
The Government is progressing a package of reforms to help ensure our capital markets are working to support a productive economy.
We provide policy advice on a range of issues relating to the financial markets conduct regulatory system.
MBIE is responsible for administering legislation relating to financial institution conduct in New Zealand.
From today, prescriptive loan affordability requirements have been removed from Credit Contracts and Consumer Finance Act (CCCFA) regulations.
The Ministry of Business, Innovation & Employment consulted on proposed changes to how financial products and services are regulated in 3 key areas: consumer credit, financial services conduct and financial dispute resolution.
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