AFA Survey 2012

AFA Survey 2012 - Summary of Findings and FMA response

In September 2012, the Financial Markets Authority issued an online survey to all Authorised Financial Advisers (AFAs). The purpose of the survey was to ‘take the temperature’ of the AFA population and give AFAs an opportunity to tell us, on an anonymous basis, how the regime has impacted them 18 months on from its implementation. We also wanted to obtain some credible and quantitative data on aspects such as services offered by advisers, years in the industry, and changes to business models since the implementation of the Financial Advisers Act 2008 (FA Act) and adviser remuneration.