As previously notified, Hobson Wealth Partners Limited (HWPL) is now part of the Forsyth Barr Group. As we start to identify opportunities to integrate the services we provide to you, including access to enhanced systems and technology, from Monday, 29 January 2024, all trades for our clients will be executed on our behalf by Forsyth Barr Limited (FBL). FBL will also carry out all clearing and settlement of any trades entered into from that date. As a result, while HWPL will continue to be an NZX Advising Firm, it will no longer be a NZX Trading, Clearing and Depository Participant.
The changes don’t require you to do anything. Your account remains with your Adviser, you will have access to all the same products and services and there are no changes to the fees and charges you will pay.
We have made some amendments to our standard Terms and Conditions in order to reflect the new arrangements. The amended terms take effect on 29 January 2024 and are available to view here.
If you have any questions, please contact your Hobson Wealth Adviser.