Regulated financial advice
Personalised advice given to a retail client, regulated under the Financial Markets Conduct Act 2013 + FSLAA 2019.
Definition
Regulated financial advice covers product recommendations and personalised guidance given by a Financial Advice Provider or its nominated advisers. The provider owes the client a duty to act with care, diligence, and skill, give priority to the client’s interests, and meet specific disclosure obligations. Editorial content like this glossary is not regulated financial advice — it is generic information.
See also
- Financial Advice Provider (FAP) — A business licensed by the FMA to give regulated financial advice to retail clients in NZ.
- Financial Markets Authority (FMA) — The NZ regulator that licenses and monitors financial-services providers, including life insurers and FAPs.
Not personalised financial advice. Definitions are editorial framings of how the term is used across NZ life cover. Your specific policy wording is the authoritative source.