Scope of Advice Disclosure

The potential for conflicts of interest arises where the interests of an adviser or Freedom Financial Limited (FSP769995) could be perceived to significantly influence the advice provided. The following outlines scenarios where such conflicts may arise.

Commissions from Product Providers

Freedom typically receives commissions when clients opt for finance and insurance products facilitated through our financial advisory services. These include home mortgage finance, personal risk insurance (life, disability, and health), as well as fire and general insurance. Commissions are disbursed by the respective finance and insurance product providers and are often calculated as a percentage of the amount funded or premium paid by the client. The commission amount varies depending on the lender, mortgage type, and loan amount.

For KiwiSaver (general advice), Freedom may receive commissions from Generate when clients opt for general advice and choose to invest in the Generate KiwiSaver Scheme. The commission structure is tied to the client’s KiwiSaver balance.

Additionally, product providers may occasionally offer rewards, such as tickets to events or hampers, based on the business generated by Freedom.