Public Disclosure
Dash Financial Services
Public Disclosure Statement
Dash Financial Services (“Dash Financial”), trading as Dash Financial Services, is a Financial Advice Provider (FAP) licensed and regulated by the Financial Markets Authority (FMA) to provide financial advice. Our FSP number is FSP1006434.
Contact details
- Physical address: 164 Wairere Road, RD 2, Auckland, 0782, New Zealand
- Postal address: 164 Wairere Road, RD 2, Auckland, 0782, New Zealand
- Phone: +64 21 024 72087
- Email: jay@dashfinancial.co.nz
- Website: dashfinancial.co.nz
Nature and scope of advice services provided
- Home loans
- KiwiSaver advice
- Home, contents & general insurance advice
Home loan and lending providers
- AIA
- ANZ
- ASAP Finance
- ASB
- Avanti
- Basecorp
- Bizcap
- Bluestone
- BNZ
- Co-Operative Bank
- Cressida Capital
- DBR
- Heartland Bank
- First Mortgage Trust
- Liberty
- NZCU
- Pallas Capital
- Pepper Money
- Plus Finance
- Prospa
- Resimac
- SBS
- Southern Cross Partners
- The Cooperative Bank
- Vincent Capital
- Westpac
KiwiSaver providers
Booster, Generate, NZ Funds & Milford Asset Management
Duties and obligations
We are bound by the duties of the Financial Markets Conduct Act (FMCA) (sections 431I, 431K, 431L, 431M) to:
- Prioritise your interests: We take all reasonable steps to ensure our interests do not materially influence our advice to you.
- Act with care, diligence, and skill: We provide advice with the utmost care, diligence, and skill.
- Meet competency standards: We maintain the competence, knowledge, and skill-set outlined in the Code of Conduct.
- Uphold ethical standards: We adhere to the ethical behaviour, conduct, and client care standards set out in the Code of Conduct.
Six step advice process
- Establishing the client-advisor relationship.
- Gathering client data and determining your goals and expectations.
- Analysing and evaluating your financial position.
- Developing and presenting our written advice.
- Overseeing the implementation of the plan.
- Monitoring and reviewing the plan.
Commission
Dash Financial receives remuneration from lenders and insurers when a loan is drawn down or an insurance policy is issued. Dash Financial may also receive ongoing commission from KiwiSaver and investment providers to cover the expense of providing ongoing support and advice.
We will provide you with a detailed breakdown of any commissions or fees applicable to your specific situation before proceeding with any recommendations.
Mortgages & lending
Dash Financial Services Limited will receive commissions at settlement from the relevant lender if you choose to take out a mortgage following our advice. Commissions are between 0.1% and 1% of the initial mortgage balance or amount funded. We may also receive 0.1% to 0.25% of the mortgage balance on each anniversary.
KiwiSaver
Dash Financial Services Limited will receive commission for introducing you to a provider and for any advice provided to you. The commission is up to $300 on joining the scheme (depending on the size of your contributions within the first 12 months), and/or an ongoing amount ranging from 0.2% per annum to 0.50% per annum of your account balance.
Conflicts of interest
We are committed to prioritising your interests and providing you with objective advice. We manage conflicts of interest through a comprehensive process that includes:
- Following a documented advice process that considers your circumstances and goals.
- Researching a broad range of suitable products and providers.
- Undergoing annual training on conflict management.
- Maintaining a register of conflicts of interest that is regularly reviewed and managed.
- Being subject to regular audits and compliance reviews.
Complaints handling and dispute resolution
If you are not satisfied with our service or financial advice, please contact us as soon as possible. We will try our best to resolve the issue promptly and effectively.
Internal complaints process
Contact Jayant Diesh with your concerns by calling +64 21 024 72087 or emailing jay@dashfinancial.co.nz. You can also write to us at 164 Wairere Road, RD 2, Auckland, 0782, New Zealand.
We will follow our internal complaint process to investigate your complaint and propose a resolution.
We aim to resolve complaints within 10 working days.
External dispute resolution scheme
If we cannot resolve your complaint to your satisfaction, you can contact Financial Services Complaints Ltd (FSCL), our external dispute resolution provider. FSCL provides a free and independent service to help investigate or resolve your complaint.
- FSCL membership number: 9154
- Phone: 0800 347 257
- Email: info@fscl.org.nz
- Address: PO Box 5967, Lambton Quay, Wellington, 6145