Registered Financial Adviser Disclosure

I, Vanessa Belton, am a Registered Financial Adviser as part of the new financial Advisers Act 2008. The Financial Advisers Act (2008) came fully into force on 1 July 2011, making the Financial Markets Authority (FMA) the main regulator of financial advisers.

The new law aims to promote the sound and efficient delivery of financial advice, and to encourage public confidence in the professionalism and integrity of financial advisers.

The Financial Advisers Act (FAA) makes us more accountable for the advice we give. Financial advisers now have to meet standards of care, diligence and disclosure. As part of this I belong to a disputes resolution scheme.

The Financial Advisers Act sets defined operating standards for financial advisers. The Act aims to ensure consumers can have confidence when they deal with their financial adviser and that they are professional and meets appropriate standards of competence.