# Kris Pedersen Mortgages Limited — Public Disclosure Statement *Mirror of FAP Public Disclosure Statement filed under FMC Act 2013 s431.* - **Version date:** 2026-06-01 - **Source URL:** https://www.krispedersen.co.nz/disclosure/ - **Source PDF SHA256:** `a3fd8ca8888925e45852aa762b524d2d...` - **Confidence tier:** C (LLM-extracted from PDF) - **Extracted via:** sonnet-html-v1 - **Ingested:** 2026-06-01 - **Machine-readable facts:** [facts.json](https://financeadvisers.co.nz/api/provider/FSP723791/facts.json) - **All versions on file:** [filings.json](https://financeadvisers.co.nz/api/provider/FSP723791/filings.json) - **Authoritative register:** https://fsp-register.companiesoffice.govt.nz/companies/app/ui/pages/companies/FSP723791 > **About this document.** FAP Public Disclosure Statements are regulated documents that financial advice providers must publish under the Financial Markets Conduct Act 2013, section 431. The content below is the FA-NZ mirror — machine-parsed from the source PDF on the date shown above. For binding regulatory purposes, refer to the firm's own current publication via the source URL above. --- # Disclosure — Kris Pedersen Mortgages ## Licensing Information We operate as a Financial Advice Provider under a current license (FSP723791) issued by the Financial Markets Authority in the name of **NZ Financial Services Group Limited** (FSP286965). KPM engages **Kris Pedersen** (FSP525866) and **Ryan Smuts** (FSP555707) to provide financial advice on behalf of KPM. There are no conditions attached to this license on the advice that may be given. --- ## Our Advice and Product Providers We provide advice to our clients about **home loan products only**. We only provide advice about products from the following providers: ANZ, ASAP Finance, ASB, Avanti Finance, Bluestone, Basecorp, Better Mortgage Management, Bank of China, BNZ, CFML, Cressida Capital, Co-operative Bank, DBR Finance, First Mortgage Trust, General Finance, Kiwibank, Liberty Financial, Property Funding Limited, Resimac, Pepper Money, Prospa, Select Home Loans, Southern Cross Finance, Sovereign Home Loans, SBS Bank, Spotcap, TSB and Westpac. --- ## Commission On settlement of a loan, we usually receive commission from the applicable product provider. The commission is generally of an upfront nature but may also include a renewal or trail commission. This commission is used to remunerate the financial adviser that provides the advice, and to pay the expenses associated with running our business including any rent, staff costs and IT resources. From this commission we also pay NZ Financial Services Group Limited for services they provide to us in connection with our authorisation under their licence from the Financial Markets Authority. We take steps to ensure that the receipt of commissions does not influence the advice we give to you and that our advisers prioritise your interests by recommending the best product for your purpose regardless of the type and amount of commission we or they may receive. We do this by: - Ensuring our advisers follow an advice process that ensures they understand your needs and goals and that their recommendations on insurance cover meets those needs and goals. - Ensuring our advisers receive regular training on how to manage conflicts of interest. - Providing you with a schedule showing commission amounts and types by product provider. This schedule is contained within each Financial Adviser's personalised Disclosure Guide. A Financial Adviser will provide you with more information about commissions during the advice process. We may receive an initial and ongoing referral fee if we refer you to Rothbury Group for general insurance. Our advisers will give you more information about that referral fee, before proceeding. --- ## Fees and Expenses Generally, we don't charge you any fee for the advice and transactional solutions that we provide to you. This is possible because, on settlement of a mortgage, we usually receive commission from the applicable product provider as described above. There are two exceptions to this general position which are explained below. We may charge you a one-off fee in the following situations: **(a) No commission:** If you request that we provide services in relation to a product or service and we do not receive a commission. Any such fee would be agreed and authorised by you in writing before we complete the services, and would be based on an estimate of the time spent providing the advice. This may arise in the rare event that you request that we provide services in relation to either a product that is offered by a provider that we do not hold an accreditation with, or a product that is outside our usual arrangements with our product providers. **(b) Repayment of commission:** If a product or service provider requires that we repay commission within 27 months of settlement of your mortgage or issuance of your risk insurance policy. Any such fee would be no more than **$2,500 (plus GST)** and would be calculated based on a rate of **$250 (plus GST if applicable) per hour** of the financial adviser's time spent providing services to you in connection with the applicable mortgage. The fee charged will not exceed the amount of commission clawed back from the lender. Should we need to charge you a fee, you will be invoiced and will be given 30 days to make payment. Kris Pedersen Mortgages reserves the right to charge a fee and/or recover a commission clawback from the client if applicable. --- ## Conflicts of Interest If we identify that you have a need for risk insurance advice, our advisers may refer you to **Risk Direct**. We don't receive any commissions or referral fees from Risk Direct for referrals that we make. However, **Kris Pedersen has shareholding interests in parent companies of Risk Direct and is also a director of some of these parent companies**. Kris may therefore receive shareholder dividends which are based, indirectly, on the profitability of Risk Direct. Our advisers manage the potential conflicts arising from this interest by recording and disclosing this interest in a conflicts of interests register and in this Disclosure, and by following an advice process to ensure that they understand our client's needs and goals and that their recommendations, or any referrals, meet those needs and goals. --- ## Complaints If you are not satisfied with our financial advice service you can make a complaint by: - **Email:** [patrick@krispedersen.co.nz](mailto:patrick@krispedersen.co.nz) (General Manager Patrick Olney) - **Phone:** 021 622 495 (Patrick) or 09 486 4719 (main line) - **Post:** PO Box 33650, Takapuna, Auckland 0740 - **In person:** 388 Lake Road, Takapuna, Auckland 0622 When we receive a complaint, we will consider it following our internal complaints process: - We aim to resolve complaints within **10 working days** of receiving them. If we can't, we will contact you to let you know we need more time to consider your complaint. - We will contact you by phone or email to let you know whether we can resolve your complaint and how we propose to do so. Kris Pedersen Mortgages and its Advisers are members of **Financial Services Complaints Limited (FSCL)** — FSP Number FSP723791. If we can't resolve your complaint, or you are not satisfied with the way we propose to do so, you can contact **FSCL**: - **Phone:** 0800 347 257 (free and independent dispute resolution service) - **Post:** Level 4, 101 Lambton Quay, Wellington --- ## Our Duties Anyone within our business giving advice is bound by and supports the duties set out in the **Financial Markets Conduct Act 2013**. These duties are: - Meet the standards of competence, knowledge, and skill and the standards of ethical behaviour, conduct, and client care set out in the **Code of Professional Conduct for Financial Advice Providers**. - Give priority to your interests. - Exercise care, diligence, and skill. --- *Note: This disclosure references personalised Disclosure Guides provided by each Financial Adviser, which contain commission schedules by product provider. These are provided during the advice process.*