IAA v Sparks [2013] NZIACDT 5 (07 February 2013) [pdf, 170 KB]
...adviser had met, talked to or emailed a client during the application stage, the adviser had not acted lawfully. Mr Sparks disagreed with that proposition. He said his procedure was the same as every other agency in New Zealand for dealing with offshore clients, and the Act had made the correct procedure unworkable in the real world. [31] The Authority investigated Mr Sparks’ claim that he had travelled to the Philippines every two or three months. The investigations showed his only...