Disclosure Statement
Last updated: 28 September 2026
Welcome
Thank you for considering Spectra Financial.
We believe financial advice starts with understanding what matters most to you and the decisions you are trying to make.
This disclosure provides information about Spectra, the advice we provide, how we are paid, and the protections available to you when receiving regulated financial advice.
Licensing Information
Spectra Financial Services Limited (FSP1009567) holds a licence issued by the Financial Markets Authority (FMA) to provide a financial advice service.
Financial advice is provided by:
Piet Witteveen
Financial Adviser (FSP1008452)
Spectra’s licence does not include any conditions that limit or restrict the advice that may be provided.
You can contact Spectra as follows:
Email: piet@spectrafinancial.co.nz
Phone: 021 178 2700
Website: https://spectrafinancial.co.nz/
Our Approach
We take the time to understand your circumstances, priorities and goals before exploring financial strategies and recommendations.
Together, we consider your options and the trade-offs involved, with the aim of helping you make informed financial decisions with clarity and confidence.
Nature and Scope of Advice
Spectra provides strategic financial planning and regulated financial advice tailored to your circumstances, goals and priorities.
Our advice may include:
Financial planning, modelling and decision support
Retirement planning
Cashflow and budgeting
KiwiSaver
Investments, including managed investment schemes
Mortgages and lending structure
Personal insurance
Financial strategies relating to major decisions such as property, career or family changes
For KiwiSaver and investments, we may provide recommendations on specific products and providers where appropriate. Our approach generally favours diversified, low-cost investment solutions, including index funds and passively managed funds.
For mortgages and insurance, our advice is strategic. We help you understand appropriate structures, strategies and levels of cover, but do not recommend specific lenders, mortgage products, insurers or insurance products.
What We Don’t Do
Spectra provides financial advice and strategic guidance. We do not implement the recommendations we provide.
We do not:
Arrange or implement financial products or submit applications on your behalf.
Recommend specific mortgage lenders, mortgage products, insurers or insurance products.
Hold client money or assets.
Manage investments or provide ongoing investment management services.
Provide legal, taxation or accounting advice.
Where implementation or specialist advice is required, we may recommend that you engage an appropriate professional.
Fees
Spectra operates on a fee-only basis. Clients pay us directly for the advice and services we provide.
Fees may be charged as a fixed fee for a defined advice engagement or on an hourly basis for advice and support. The applicable fee and basis for charging will be agreed with you before the relevant services are provided.
For fixed fee engagements, we generally invoice an initial amount when the engagement is confirmed, with the balance generally invoiced when the written advice or financial strategy is provided. Hourly advice and support is generally invoiced after the relevant services have been provided.
Further information about our fees is available on our website: https://spectrafinancial.co.nz/services
Ending an Advice Engagement
You can choose to end an advice engagement at any time by contacting us.
If an engagement ends before the agreed advice or services are completed, you will generally be responsible for fees for work completed up to that point. For fixed fee engagements, the amount payable will depend on the terms agreed with you at the start of the engagement.
Once an advice engagement is complete, there is no ongoing commitment or subscription. You can implement the advice yourself and return to Spectra for further advice or support when you need it.
Commissions, Incentives and Conflicts of Interest
Spectra operates on a fee-only basis and does not receive commissions, referral fees, incentives, gifts or other benefits from financial product providers.
Our advice is paid for directly by clients and is focused on their circumstances, goals and priorities.
If a conflict of interest arises, we will disclose the nature of the conflict and take appropriate steps to manage it.
Complaints Handling and Dispute Resolution
If you are not satisfied with our financial advice service in any way, you can make a complaint by contacting:
piet@spectrafinancial.co.nz; or
021 178 2700
When we receive a complaint, we will consider it following our internal complaints process:
We will consider your complaint and let you know how we intend to resolve it. We may contact you for further information.
We aim to resolve complaints within 10 working days. If we need more time, we will let you know within that period.
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.
If we can’t resolve your complaint, or you aren’t satisfied with our proposed resolution, you can contact the Insurance & Financial Services Ombudsman Scheme (IFSO). Spectra and Piet are members of IFSO.
IFSO provides a free, independent dispute resolution service that may help investigate or resolve your complaint if we haven’t been able to resolve your complaint to your satisfaction.
You can contact IFSO: info@ifso.nz or 0800 888 202
Duties Information
Spectra Financial Services Limited and any person providing financial advice on our behalf are bound by duties under the Financial Markets Conduct Act 2013 to:
Meet the standards of competence, knowledge and skill set out in the Code of Professional Conduct for Financial Advice Services.
Give priority to clients’ interests.
Exercise care, diligence and skill.
Meet the standards of ethical behaviour, conduct and client care set out in the Code of Professional Conduct for Financial Advice Services.