Partners exits Adviser Support Programme

Partners launched the Adviser Support Programme (ASP) at the end of 2018 when advisers were a myriad of regulatory change. The programme was designed to help advisers document their policies and frameworks to help with the Financial Advice Provider (FAP) licence application process.

"ASP has achieved all the goals we anticipated when we launched it, and it’s clear ASP will need to evolve to continue to provide ongoing benefit to you," Partners says in an email to advisers. "To achieve that we realised it’s time for the ASP to find a new home."

Dacreed will take over the ASP, and update and modernise it to provide advisers with a turnkey compliance framework.

Dacreed is a compliance and training technology solution and is part of Profsee, a financial services group that also owns Professional IQ, which is a provider of the NZQA New Zealand Certificate in Financial Services, Level 5.

Dacreed also leverages the expertise of Rosewill Consulting, whom Partners partnered with to create the ASP.

"This means Dacreed can provide you with continuity, and a turnkey compliance framework that reminds you when and how to meet your regulatory obligations, including:

• Updated policies and procedures designed for FAPs with up to 5 advisers
• Compliance calendar with automated reminders
• Registers and templates
• Professional Development Plans and CPD (to meet Code Standard 9)
• Full reporting and audit trail for the FMA
• Step-by-step instructions on what you need to do.

The Partners Life Adviser Support Programme in its current form will cease on March 28, 2025.