regulation and legislation – no cowboys!

The Financial Markets Authority (FMA) requires that financial advisers provide clients with a disclosure statement detailing what financial advice they’re qualified to provide and the steps that clients can take should they have a problem, concern or complaint – thankfully this compliance documentation makes it hard for the cowboys to operate!

Download the Disclosure Statement for Laurie Wills here.

Download the Disclosure Statement for Stuart Kurth here.

PAA

We are accredited members of the Professional Advisers Association (PAA) and fully comply with the Association’s Code of Professional and Ethical Conduct. The PAA and its members are committed to ensuring expert knowledge, integrity, competency and service.

privacy

Your privacy is important to us. All discussions and information shared with Awesome Mortgages are subject to the Privacy Act 1993. You are entitled to access any information from your file upon request. A detailed description of the authorised use of the information you supply is covered in the Declaration you sign with each application you make with us.

professional indemnity insurance

We have $1 million of PI cover. In proven cases, this protects our clients from financial loss due to fraud, gross negligence, gross misrepresentation, etc. This policy is held with Vero.

how we’re paid

Awesome is paid a single upfront commission (percentage of the loan facility or insurance premium), an ongoing (trail) commission (percentage of the loan facility or insurance premium), or a mix of both. Awesome may charge a one off fee for work completed for clients which does not attract a broker payment from the lender. This charge, if applied, will be agreed in advance with you before any work is started.

legal and accounting issues

Any discussions on legal and accounting issues does not replace advice from professionally qualified specialist advisers (solicitors and accountants). We recommend that you obtain such independent and specialist advice.

disclosure

In the preceding five (5) years, nobody employed by Awesome has been:

  1. The subject of a successful claim (for dishonesty, negligence or misrepresentation) under any Professional Indemnity Insurance Policy held.
  2. Convicted of an offence of dishonesty or any relevant offence under any Act or law applicable in New Zealand, nor been a director of a company so convicted.
  3. Adjudicated bankrupt, nor are an undischarged bankrupt, nor have had a bankruptcy discharged.
  4. Prohibited by law from taking part in the management of a company.

Nor are there any proceedings currently being taken against anyone at Awesome (or any company of which Laurie Wills or Stuart Kurth are directors) under any of the above.