Public Disclosure

Name: Moshe Malal
FSP Number: FSP648489
Phone: 021 66 77 44
Email: [email protected]
Address: 61 Maanihi Drive, Rototuna North, Hamilton 3210

I am a financial adviser and provide advice on behalf of Sheket insurance (FSP1008929), who are licensed as a Financial Advice Provider by the Financial Markets Authority.

Both Sheket insurance and I are registered on the Financial Service Providers Registry which can be viewed at https://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. Sheket insurance 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.

My Services

Personal & Business Risk - Life, Trauma, Disability & Health Insurances

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:

  • Partners Life

  • Asteron Life

  • AIA

  • Fidelity Life

  • Southern Cross

  • NIB

  • Chubb Life

  • PPS

  • Unimed / Accuro

To ensure that advice remains accessible, Sheket insurance does not charge an upfront fee for providing risk insurance advice or for implementing advice if you decide to proceed. In place of an upfront fee, Sheket insurance is paid a commission for any new insurance taken up, which might need to be paid back if the insurance won’t continue for two years.

From year two, Sheket insurance may then receive an annual commission for the time Sheket insurance remains the servicing adviser on the policy. I will confirm the amount of commission Sheket insurance will receive when I provide my recommendation to you.

KiwiSaver & related managed investment products

I am able to provide a generalised advice service for KiwiSaver products. This involves discussing what level of financial risk you are comfortable with and recommending a fund type that best matches your attitude toward risk and the length of time until you plan on accessing your funds (from conservative through to aggressive).

Once you confirm what type of fund you wish to proceed with, I will show you the relevant funds available to you through the provider I work with: Generate and Koura Wealth.

If you choose to go with Generate, Sheket insurance can be paid an upfront fee and/or a commission out of the funds under management.

General Insurance

Domestic insurances

  • House

  • Contents

  • Rental Properties

  • Car, Caravan, Specialty Vehicles

  • Travel insurance

Commercial Insurances

  • Liability Insurance

  • Professional Indemnity

  • Material Damage

  • Cyber Insurance

  • Marine Cargo

  • Business Interruption

  • Commercial Vehicle

Whilst I don’t provide general insurance as part of my product offering, I am able to refer you to our commercial partner, Blanket Advice Limited, who have access to some of the most comprehensive policies on the market and I have great experience with them. If you take out a policy with Blanket on the back of my referral, I will receive a referral commission of each the commission paid to Blanket Advice Limited, depending on which insurance products you take out cover with, after taxes and levies

AI Note Taking

We might use AI notes taking services. Personal information collected is limited to what is necessary for service delivery and is handled in accordance with the Privacy Act 2020. Data is securely stored and may be accessed only by authorised personnel. By engaging with our services, you consent to this use. You may request access to or correction of your information at any time by contacting us. You may opt out on Request.

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

We value the ability of our clients to provide feedback about the service they have received as well as the opportunity to put it right when they are unhappy with any aspect of our service. If you would like to raise concerns about the service you have received, we have an internal complaint process that we will follow when we receive your formal complaint.

Our internal process involves:

  1. Requesting your complaint in writing.

  2. Acknowledging the receipt of your complaint within 2 working days of receiving it.

  3. Investigating your concerns by speaking with all the involved parties and reviewing all the documentation we hold on file.

  4. Providing a formal written response within 28 days of acknowledging your concerns.

If you would like to make a complaint, please email: [email protected]

If you are unsatisfied with the outcome of our internal complaints process, you are able to escalate it to our dispute resolution scheme:

Scheme: Financial Dispute Resolution Service
Address: Level 9, 109 Featherston Street, Wellington 6011
Telephone number: 0508 337 337
Email address: [email protected]
Website: https://fdrs.org.nz/

They are an independent dispute resolution service provider that helps resolve complaints about financial service providers, free of charge.