Disclosure Statement 

Name: Adam Sutcliffe 
FSP Number: FSP1004670 
Phone: 027 894 4335 
Email: adam@abcinsurance.co.nz 
Address: 5 Stratford Way, Rangiora, 7400 

I am a financial adviser and provide advice on behalf of ABC Insurance Limited Trading As ABC Insurance & KiwiSaver (FSP1010675), who are licensed as a Financial Advice Provider by the Financial Markets Authority. 

Both ABC Insurance and I are registered on the financial service providers registry which can be viewed at fsp register.companiesoffice.govt.nz 

I Work For You 

As a Financial Adviser, it is my duty to abide by the Code of Conduct for Financial Service Providers. 

I am paid by the providers for the services I provide, however, it is you that I work for. To ensure that I put your interests ahead of my own, I follow a 6-step advice process when providing personalised financial advice which is based on your individual goals and needs. 

I provide all of my recommendations in writing so that you have the opportunity to ask any questions you might have before implementing any of my advice. 

ABC Insurance, and anyone who gives financial advice on our behalf, has duties under the Financial Markets Conduct Act 2013 relating to the way that we give advice. 

My Services 

Personal Risk: (Life, Income, Disability & Health Insurances): 

I provide personalised advice that takes into account your individual circumstances to determine the personal risk products that best meet your personal goals and needs. 

My recommendation is limited to the products offered by the following companies: 

AIA, Partners Life, Chubb, Fidelity, NIB

Waiting on approval (Asteron, Southern Cross) 

To ensure that advice remains accessible, ABC Insurance does not charge an upfront fee for providing personal risk insurance advice or for implementing advice if you decide to proceed. In place of an upfront fee, ABC Insurance is paid a commission for any new insurance taken up, of between 0% and 240% of the first year's premium, depending on which insurance company you take out cover with. 

From year two, ABC Insurance may then receive an annual commission of between 0% and 25% of the premium for the time ABC Insurance remains the servicing adviser on the policy. I will confirm the amount of commission ABC Insurance will receive when I provide my recommendation to you. 

KiwiSaver: 

I am able to provide a generalised advice service for KiwiSaver products. This involves discussing what level of financial risk you are comfortable with and recommending a fund type that best matches your attitude toward risk and the length of time until you plan on accessing your funds (from conservative through to aggressive).

I am able to provide a generalised advice service for KiwiSaver products. This involves discussing what level of financial risk you are comfortable with and recommending a fund type that best matches your attitude toward risk and the length of time until you plan on accessing your funds (from conservative through to aggressive). 

Once you confirm what type of fund you wish to proceed with, I will show you the relevant funds available to you through the providers I work with: 

Booster, Pathfinder, Milford, Generate

Depending on which provider you choose to go with, ABC Insurance can be paid either an upfront fee of between $0 to $300 and/or a commission of between 0% and 0.50% of funds under management. I will confirm how much ABC Insurance will receive when I provide my recommendation. 

General Insurance: (Home, Contents & Car): 

Whilst I don't provide general insurance as part of my product offering, I am able to refer you to our commercial partner, Blanket Advice Limited, who have access to some of the most comprehensive policies on the market. 

If you take out a policy with Blanket on the back of my referral, I will receive a referral commission that will range from 3.7% to 6.25% of each premium, depending on which insurance products you take out cover with, after taxes and levies. 

We are required to:

Give priority to your interests by taking all reasonable steps to make sure our advice isn't materially influenced by our own interests. 

Exercise care, diligence, and skill in providing you with advice. 

Meet standards of competence, knowledge and skill set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure that we have the expertise needed to provide you with advice). 

Meet standards of ethical behaviour, conduct and client care set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure we treat you as we should and give you suitable advice). 

How to raise a concern or complaint about my advice 

Please refer to our website at www.abcinsurance.co.nz for information in respect to making a complaint and our internal complaints process. Contact details of our external dispute resolution scheme are also available on our website.