The changing face of advice

Tony Vidler  | Strictly Business | 04 June 2013

A superb snapshot of the NZ advice industry has been provided by The Skills Organisation (formerly ETITO), that confirms some widely held views - and should change some of our other perceptions of the industry at large.

For example, there is no doubt that Authorised Financial Advisers (AFAs) are moving down the fiduciary path more rapidly than Registered Financial Advisers (RFAs). Some 38% of AFAs now work on salary only, with a further ...