Investment advisers

There are no guarantees of good financial advice. But new rules mean anyone who gives investment advice to clients will now have to provide more information up-front.

This section of Sorted is mainly about the fees associated with mid-to-long-term savings and investment products.

Investing? Me?

Advisers are required to tell you what fees they receive but these don’t cover all the fees associated with a product (such as monitoring, administration and trustee fees).

In general, fees are higher for higher levels of adviser service, more complex investments (such as NZ and overseas shares, and property) and smaller investors.

See it in context

It's important to know how your financial adviser gets paid, and the impact that can have on the advice you're getting.

You can get investment advice from financial planners, insurance companies, sharebrokers, banks, asset managers and independent advisers.

Once you've decided what sort of investments suit your plans, use this checklist to help you to tick off all the important factors you need to consider to make final decisions.