Since 1993 김수원 보험 Terry Kim Insurances 

Phone: 09 488-0044  Fax: 09 488-0048  <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Mobile: 021 763-887 

Email: terrykiminsurance@hotmail.com

PO Box 331277, Takapuna, Auckland 0740  Office: Level 2, 15 Anzac St, Takapuna Auckland

DISCLOSURE STATEMENT
RISK INSURANCE
AND HOME LOANS
NOMINATED REPRESENTATIVES

About this Disclosure Statement
This Disclosure Statement was prepared on 20 June 2011.
It is important that you read this Disclosure Statement
The information provided in this Disclosure Statement is important. It describes the financial
adviser services that Sovereign QFE provides and will help you choose a financial adviser
who best suits your needs.
Sovereign QFE Group
Sovereign QFE
Sovereign House
74 Taharoto Road
Takapuna
Auckland 0622
Freephone: 0800 500 108
Email: enquire@sovereign.co.nz
Who regulates the Sovereign QFE Group?
Sovereign QFE is a Qualifying Financial Entity. This means that Sovereign QFE takes
responsibility for the financial adviser services provided by its QFE advisers.
Because of Sovereign QFE’s status as a Qualifying Financial Entity, Sovereign’s QFE advisers
do not have to be individually registered or authorised in order to provide the financial
adviser services described below.
Sovereign QFE is licensed and regulated by the Financial Markets Authority (FMA) for its
financial adviser services.
You can obtain information about financial advisers from the FMA and can report information
about Sovereign QFE or its advisers to the FMA. The FMA’s contact details are as follows:
Financial Markets Authority
PO Box 1179
Wellington 6140
Telephone: 04 472 9830 or Freephone: 0800 434 567
Website: www.fma.govt.nz
You can check the status of the Sovereign QFE and whether other companies are members
of the Sovereign QFE Group on the register at www.fspr.govt.nz

How can we help you?
This Disclosure Statement relates to QFE advisers who are Nominated Representatives of the Sovereign QFE.
Nominated Representatives are not employees of the Sovereign QFE but are appointed by the Sovereign QFE
(either directly or through their own employer) to provide financial services.
Sovereign’s Nominated Representatives can provide financial advice in relation to the following categories of products:
Term life insurance (which includes Life, Total Permanent Disablement, Disability Income Protection,
Living Assurance and Loan Protection insurance)
Compulsory group life insurance
Health insurance
Home loans.
Our Nominated Representatives can sell and provide advice in relation to products provided (i.e. created) by Sovereign
QFE. Where products are provided by the Sovereign QFE, this means that we take responsibility both for the advice and
the products.
Sovereign’s Nominated Representative can also provide advice on and sell third-party products that have either been
approved by Sovereign for this purpose, or are distributed by Sovereign. Our Nominated Representatives are generally
required to ensure that a certain proportion of the products they sell are Sovereign products. However, Sovereign QFE’s
policy is that, irrespective of this target, advisers must still place your interests first.
The specific products within these categories that our Nominated Representatives can advise you on may vary. Your
QFE adviser will notify you of any relevant restrictions.
In certain circumstances (for example, where you have been referred to one of our Nominated Representatives by
another organisation) that Nominated Representative may only be able to sell or advise you in relation to an approved
third-party product if no suitable Sovereign product is available. The Nominated Representative will tell you if such a
restriction applies.
Remuneration and influences
The following is a general description of how our Nominated Representatives are remunerated and the main factors that
may influence the advice they provide to you.
The Sovereign QFE remunerates its Nominated Representatives by way of commission. This commission may be
paid either to the Nominated Representative or shared with another person (such as the Nominated Representative’s
employer or the person who referred you to the Nominated Representative).
Where any commission in relation to a product sold to you by a Nominated Representative is paid to any person
other than the Nominated Representative, they are required to explain this to you and tell you who will receive
the commission.
Where the Nominated Representative is employed by another person or entity, they may receive salary and incentives
from their employer in addition to, or in substitution for, a share of the commission paid by the Sovereign QFE.
This remuneration may be a fixed salary or it may be calculated in relation to performance.
Sovereign’s Nominated Representatives may be eligible to receive various non-monetary gifts and prizes from the
Sovereign QFE, depending on their performance (including production targets where relevant).
From time to time, a Nominated Representative may refer you to another adviser or professional for specialist advice.
In this instance, the Nominated Representative may receive a referral fee from such referral and, if applicable,
will provide you with details as soon as possible.

Sovereign QFE’s remuneration
The Sovereign QFE is remunerated by the premium payments made by clients who purchase Sovereign products or
third-party products distributed by Sovereign. Your QFE adviser will tell you what these payments are for the products
you are considering.
The Sovereign QFE does not receive any remuneration when its QFE advisers sell third-party products that are not
distributed by Sovereign.
Complaints procedure
If you have a concern or complaint in relation to any service we provide, you can choose to initiate our internal
complaints procedure by contacting us by phone, email or post at the address given for the Sovereign QFE
on page 1 of this Disclosure Statement.
Dispute resolution scheme
If we cannot resolve the issue, or if you decide not to use the internal complaints scheme, you can contact the
Insurance & Savings Ombudsman Scheme.
This service will cost you nothing, and helps us resolve any disagreements. You can contact the Insurance & Savings
Ombudsman Scheme at:
Insurance & Savings Ombudsman Scheme
PO Box 10-845
Wellington 6143
New Zealand
Telephone: 04 499 7612 or Freephone: 0800 888 202
Email: info@iombudsman.org.nz