Not all financial advisers are the same – why is it important to work with an Authorised Financial Adviser? Registered Financial Advisers (RFAs) are those who are only able to give advice on Category Two products (which incudes life insurance, mortgages and term deposits). Look for an Authorised Financial Adviser An Authorised Financial Adviser (AFA) is a person who is both registered and authorised by the Financial Markets Authority (FMA).  An AFA needs to be more highly trained and qualified, must follow a very strict Code of Professional Conduct, is subject to heightened penalties and must take a higher duty of care when working with clients.  As a result, AFAs can…