Disclosure Statement

Who We Are

Shoreline Insurance & Kiwisaver is a licensed Financial Advice Provider (FAP) authorised by the Financial Markets Authority (FMA) to provide financial advice services in New Zealand. We specialise in personal risk insurance and KiwiSaver advice.

Our Financial Advisers

Our advisers are engaged by Shoreline Insurance & KiwiSaver and are authorised to give advice only on personal insurance (such as life, trauma, income protection, total & permanent disability, health insurance), and KiwiSaver. All advisers meet the competency requirements set by the FMA, including the New Zealand Certificate in Financial Services (Level 5).

What We Can Advise On

We provide personalised advice to help clients protect themselves with suitable insurance cover and choose a KiwiSaver provider and fund aligned with their goals. We work with the following panel of reputable insurers and KiwiSaver providers.

Insurance – AIA, Asteron, Chubb, Fidelity Life, nib, PartnersLife

Kiwisaver – Booster, Generate, koura, Milford

We do not provide advice on mortgages, lending, investments outside of KiwiSaver, or any other financial products

Fees and Commissions

When you take out a risk insurance policy or join/transfer a KiwiSaver scheme based on our advice, we may receive commissions from the product provider.

These commissions can include:

·       Upfront commissions

·       Ongoing servicing commissions

We do not typically charge clients fees for our advice. If a fee may apply, we will discuss this before proceeding.

Conflicts of Interest

To ensure that our financial advisers prioritise our clients’ interests above their own, we follow an advice process that ensures our recommendations are made on the basis of each client’s goals and circumstances. All our financial advisers undergo annual training about how to manage conflicts of interest. We maintain registers of conflicts of interests, and the gifts and incentives we receive. We monitor these registers and provide additional training where necessary.

Our Duties to You

We comply with the duties in the Financial Markets Conduct Act 2013, including prioritising client interests, exercising care and skill, meeting competence and ethical standards, and ensuring advice is not misleading, deceptive, or confusing

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)

This is only a summary of the duties that we have. More information is available by contacting us, or by visiting the Financial Markets Authority website at https://www.fma.govt.nz.

Our Licence

Full License Holder: Shoreline Insurance & Kiwisaver Limited

Financial Services Provider Register Number: FSP1011486

Address: 68 Taikura Avenue, Red Beach, Auckland, 0932

Phone: 021 486 236

Email: info@shorelineinsurance.co.nz