The FSPR is now live!

17/08/2010

People, businesses, and organisations who provide a range of financial services can now apply to be registered. Advisers apply for Registration online, via the company’s office website. Advisers can apply for Authorisation at the same time.

Financial advisers must be registered on the FSPR by 31 March 2011.

This is a significant and exciting step forward for the industry.

Shortly Sovereign will publish a registration / authorisation checklist that will help you get through the process easily and successfully.

Updated category 1 & 2 product listings

4/08/2011

The new legislation has categorised financial products into two categories (Category 1 and Category 2), and sets out which type of adviser is qualified to advise and sell. Many advisers are wondering if the products they sell or have on their books are Category 1 or Category 2 products.

Asset Magazine - A Dummies Guide to QFEs

18/01/2011

Asset Magazine look at the QFE space and what it means for advisers.

This article outlines what a QFE is and what options there are for advisers in the new regulated environment.

Asset Magazine - QFE Article Dec 2010

When do financial advisers have to register?

19/11/2010

After consultations with the Ministry of Economic Development this morning, we received clarification on who needs to be registered by 1 December.

Sovereign takes the lead in a new regulatory world

16/11/2010

Sovereign is embracing legislation that will set new professional standards for financial advisers by applying to become a Qualifying Financial Entity (‘QFE’).