Disclosure

Our Business details 

Collinson Wealth Partners Limited is a Licensed Financial Advice Provider issued by the Financial Markets Authority (FMA) to provide financial advice services. Financial Service Provider Number is 743091. 

Our office contact details 

Level 7, Shortland Chambers, 70 Shortland Street, Auckland 1010, New Zealand 
Telephone: 09 300 5237 
eMail: wealth@collinsonwealth.com 
Website: www.collinsonwealthpartners.com

Nature and Scope of Financial Advice Services 

Our Services 

• Investment Strategies (strategic asset allocation and investing) 

• Portfolio management 

• Retirement planning 

• KiwiSaver investment strategies 

Products we can advise on 

• Managed Investment Funds 

• Equities and Bonds 

• KiwiSaver Investments 

Product providers we may recommend (list all of these) 

• Recommendations made will be from the broadest range of product providers, listed and unlisted securities. 

Our Fees 

Investment Strategies and Portfolio Management 

The fee charged to you will depend on the nature, scope and complexity of the advice or service we provide. We will discuss and agree the actual fees with you before we proceed and explain how and when they are payable. In any event the fees will be capped as per below table:

Activity 

Portfolio Administration, Monitoring, Evaluation and Re-planning 

Maximum Fee Payable 

2.00% per annum on first $250,000 

1.00% per annum on the next $500,000 

0.75% per annum on balance thereafter 

The fees charged for our advice and services are based on a percentage of the value of the investment portfolio. The amount of Fee and how it is calculated will be confirmed in our Statement of Advice which we will provide to you. 

KiwiSaver Advice 

Collinson Wealth Partners do not charge fees for the KiwiSaver advice service. 

Certain KiwiSaver product providers will pay a commission or advice fee to Collinson Wealth Partners calculated on a percentage of the value of your investment balance between 0.20% - 0.50% per annum. 

In any event all commissions and/or fees will be fully disclosed and agreed prior to you proceeding with the advice. 

Other costs 

Other costs may be incurred in the process of providing advice and services to you; these may include an Advice Planning fee and/or a Portfolio Implementation fee. These fees are charged on an hourly rate of $200 per hour (excluding GST). 

In any event we will agree all additional costs with you prior to incurring them. 

Conflicts of Interest 

We work exclusively for our clients. There are no exceptions. 

Collinson Wealth Partners has no agreement with any party to provide or maintain minimum levels of business or activity. 

Your interests are our priority although we do have business relationships with KiwiSaver product providers. We will receive remuneration from these product providers such as commissions or advice fees however these will be disclosed prior to acceptance of advice. 

The advice we provide is based on an understanding of your goals and circumstances and providing recommendations which are based on research, analysis, and experience. 

We manage these conflicts of interest by ensuring that we prioritise your interests above our own and have policies that manage any potential or direct conflicts as they may arise. 

In instances where we refer our clients to other professional service providers (accountants, lawyers etc.) this is done so on an arm’s length basis. 

Collinson Wealth Partners maintains an Interests Register and a Gifts Register. All registers are reviewed quarterly and signed off by the Chief Compliance Officer of Collinson & Co 

Our Duties and Obligations to You 

We are required to: 

• Meet the standards of competence, knowledge and skill set out in the Code of Conduct 

• Give priority to the clients’ interest and 

• Exercise care, diligence, and skill, and 

• Meet the standards of ethical behaviour, conduct and client care set out in the Code of Conduct 

This is only a brief summary of the duties and obligations required of us. Further information is available either directly from the Financial Markets Authority website at https://www.fma.govt.nz, or by contacting us directly. 

Complaints Procedures 

Our Internal complaints process 

If you have a problem, concern, or complaint about any part of our advice or service, please tell us so that we can try to fix the problem. 

You may contact the Collinson Wealth Partners internal complaints scheme by contacting 

Hugh Going, Director, Collinson Wealth Partners 
P.O. Box 5068, Victoria St West, Auckland 1142 
Telephone: [09] 300 5237 
eMail: hugh.going@collinsonwealth.com 

Our external complaints process 

If we cannot agree on how to fix the issue, or if you decide not to use the internal complaints scheme, you can contact the Insurance & Financial Services Ombudsman [IFSO]. Their dispute resolution scheme, the "Insurance & Financial Services Ombudsman Scheme Inc." is a service that will cost you nothing and will help us resolve any disagreements. 

You can contact IFSO at; 

Address: PO Box 10 845, Wellington 6143 
Telephone: 0800 888 202 
eMail: info@ifso.co.nz 

Privacy and Data Collection

To provide our clients the best advice and service, we need to collect their personal information. This information could include personal and financial details, and any correspondence.

We take our responsibilities under the Privacy Act 2020 seriously, and so

• We only collect information relevant to the nature and scope of the advice we are providing.

• Once collected, we will take every reasonable action to protect any personal information you give us.

• You have the right to view any copies of personal information we hold about you, or ask for it to be amended, at any time.

• We have policies and procedures for dealing promptly with any data breaches.

• Any information no longer needed will be held securely for a minimum of 7 years then destroyed securely.

We will share some of your personal information, when necessary, in providing the agreed services. We will do everything we reasonably can to protect your data from unauthorised use by any third party we use. This includes ensuring the third party has their own privacy statement and policies to comply with relevant legislation.

We would only consider sharing information outside of our normal business with your express consent to do so. However, there are some third parties you may not be aware of that we may need to share your information with, such as:

• Financial Markets Authority (FMA), the regulator of financial services in New Zealand

• External compliance agencies we may engage for quality assurance purposes.

To view any copies of personal information we hold about you, or ask for it to be amended, please contact us:

CWP Privacy Officer     

Edwina Eru
Telephone: 09 300 5235
eMail: edwina.eru@collinsonwealth.com