Abby Woollaston - Disclosure Statement
Name: Abby Woollaston
FSP Number: FSP82801
Phone: 021 924 242
Email: abby@redressinsurance.nz
Address: PO Box 57250, Mana, Porirua 5247
Abby Woollaston is licensed by the FMA to provide financial advice services and details of our registration and license are outlined below.
- Qualified Financial Adviser
- National Certification in Financial Services Level 5
- Bridging the Gaps Course in 2021
- Bachelor of Business in Communications (Bond University, Australia) 2005
Financial services registrations:
- Redress Advice Limited (FSP775491) is the FAP licensed by the FMA
- Abby Woollaston (FSP82801) is the Financial Adviser
- Please visit the Financial Service Provider Register for more information.
Abby Wollaston is a Personal and Business Life and Health Insurance Advice Specialist and works with the following insurance providers:
- AIA
- Asteron
- Chubb
- Fidelity Life
- NIB
- Partners Life
I am a financial adviser and provide advice on behalf of Redress Advice Limited (FSP775491), who are
licensed as a Financial Advice Provider by the Financial Markets Authority.
Both Redress Advice Limited and I are registered on the financial service providers registry which can be
viewed at fsp-register.companiesoffice.govt.nz
I Work For You
As a Financial Adviser, it is my duty to abide by the Code of Conduct for Financial Service Providers.
I am paid by the providers for the services I provide, however, it is you that I work for. To ensure that I put
your interests ahead of my own, I follow a 6-step advice process when providing personalised financial
advice which is based on your individual goals and needs.
I provide all of my recommendations in writing so that you have the opportunity to ask any questions you
might have before implementing any of my advice.
Redress Advice Limited, and anyone who gives financial advice on our behalf, has duties under the Financial
Markets Conduct Act 2013 relating to the way that we give advice.
Our Insurance Services
Personal & Business Risk:
- Life Insurance
- Income, Disability & Health Insurances
- Debt Retirement
- Shareholders Protection
- Key Person
- Succession Planning
I provide personalised advice that takes into account your individual circumstances to determine the personal
risk products that best meet your personal goals and needs.
My recommendation is limited to the products offered by the following companies:
AIA, Asteron, Chubb Life, Fidelity Life, NIB, Partners Life
To ensure that advice remains accessible, Redress Advice Limited does not charge an upfront fee for
providing personal risk insurance advice or for implementing advice if you decide to proceed. In place of an
upfront fee, Redress Advice Limited is paid a commission for any new insurance taken up, of between 75%
and 230% of the first year’s premium, depending on which insurance company you take out cover with. From
year two, Redress Advice Limited may then receive an annual commission of between 7% and 30% of the
premium for the time Redress Advice Limited remains the servicing adviser on the policy. I will confirm the
amount of commission Redress Advice Limited will receive when I provide my recommendation to you.
There are instances where brokerage won’t eventuate in relation to a piece of commissioned work and a fee
for advice provided will be negotiated instead before commencement.
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).
How to raise a concern or complaint about my advice
Please refer to our website at https://bestinsurance.co.nz/complaints/ for information in respect to making a complaint and our internal complaints process. Contact details of our external dispute resolution scheme are also available on our website.