DISCLOSURE

To ensure that our financial advisers prioritise our clients’ interests above their own, SFS follow an advice process that ensures our recommendations and other advice are appropriate for each client’s goals and circumstances. All our financial advisers’ representatives undergo ongoing training about how to manage conflicts of interest. To ensure your interest, we follow the advice process and make sure that advice caters to your personalized needs adequately.

• We receive upfront as well as ongoing commissions from the providers whose products we advise on, such as lenders and insurers. Sometimes, banks and insurers we work with may reward us with tickets to events, invitations to social functions, or gifts.
• This commission is used to remunerate the financial adviser that provides the advice, and to pay the expenses associated with running our business including any rent, staff costs and IT resources. From this commission we also pay NZ Financial Services Group Limited for services they provide to us in connection with our authorisation under their licence from the Financial Markets Authority.
• We ensure transparency regarding any actual or potential conflicts, regardless of whether they have influenced our opinions or recommendations to the client.
• SFS reviews its compliance programme each year to ensure we are aligned with best industry practice
• Sometimes banks and insurers we work with may also reward or recognise us for the overall business we provide them. For example, they may give us tickets to sports events or invite us to social functions or send us gifts.
• We document all gifts and hospitality exceeding [$250] in value in the Gifts Register and disclose them to Compliance.
• We maintain a Conflicts Register, documenting actions taken to mitigate identified conflicts. This register is regularly updated and reviewed annually as needed.
• Some banks or Insurers also invite us to conferences or provide training to help improve the quality of the services we provide.
• We undertake an annual independent Compliance Assurance Review
• Samkit Talajia – Director/ Financial Adviser can Advise you for General Insurance- Business insurance, Liability insurance, Commercial motor insurance, house & Content Insurance Contract work insurance etc under Lifecycle Fire and general Limited.