Review of access to financial advice for New Zealand: Proposed terms of reference

Update:  July 2025

Based on feedback received during this consultation process, we can confirm the original terms of reference as outlined in the document published in April 2025.

The key focus areas from this document remain in scope and will be used to guide the review.

April 2025

We know there are many positive impacts for consumers who receive good quality financial advice. Therefore, ensuring consumers can access quality financial advice when they need it is crucial.  

To enhance our understanding of the availability of financial advice in New Zealand, including where consumers go to get advice, we are planning a review to identify challenges and opportunities related to access to financial advice.  

To help shape our review, we want to hear from the financial advice industry and other relevant stakeholders, such as organisations that may represent or advocate for consumers and community groups. We’re seeking feedback on the four focus areas set out in the proposed terms of reference document, as well as any other topics or sources of information that may provide insight into the availability of financial advice. 

Read the proposed terms of reference and have your say by 30 May 2025.