Regulatory Changes

regulations2The recent introduction of the Future of Financial Advice (FoFA) reform legislation which has amended the Corporations Act 2001 and came into effect as of mid-2013 has some restrictions that can affect our intermediaries. Similarly, the changes to the Accounting Professional and Ethical Standard 230 Financial Planning Services has similar, and in fact stricter restrictions.

Nyko Property has sought independent legal advice on the best practice guidelines ensuring Nyko Property and the advisers are working within the regulatory framework and putting the clients best interests first.

To receive a copy of the legal advice Nyko Property has sought or to discuss further, please contact our office on 1300 720 315 or info@nykoproperty.com.au