News – Financial Advice Code

Update 31 July 2026: Appointment of new Chair and Committee member

The Minister of Commerce and Consumer Affairs has confirmed Tony Dench’s appointment as Chair of the Financial Advice Code Committee, and the appointment of Judi Jones as a Committee member. Both appointments are effective 14 August.

Update 21 August 2025: a new version of the Financial Advice Code

The Minister of Commerce and Consumer Affairs has approved a new version of the Financial Advice Code, which takes effect on 1 November 2025.

Update 15 March 2021: Code takes effect

The obligation to comply with the Code came into force today. The Code was approved by the Minister of Commerce and Consumer Affairs in May 2019 following our consultation with the financial advice industry and consumers in March/April 2018 and October/November 2018. Part 6 of Schedule 4 of the FMC Act provides a two-year transitionContinue reading “Update 15 March 2021: Code takes effect”