License & Disclosure

Prepared by: Simplify

Financial Advice Provider: Simplify Holdings International Pty Ltd (ACN 605 951 068)

Financial Service Provider Number: 455126

New Zealand Business: Simplify Holdings NZ Limited (NZBN 9429047345119)

Registered Company Number: 7341879

Business Name: Simplify

Purpose of This Document

This Statement of Advice provides a *general summary of:

• The nature of the financial advice I provide

• The scope and limitations of my advice

• Key risks associated with lending

• Fees, commissions, and potential conflicts of interest

• Your rights and how to raise a complaint

* I will provide you with a personalised written Statement of Advice when I provide advice specific to your circumstances.

About Your Consultant

Simplify (“I”, “me”, “my”)

I am a Nominated Representative of Simplify.  My role is to:

• Assess your financial situation

• Provide tailored lending recommendations

• Assist you in selecting suitable loan options from approved lenders

• Assist you in selecting suitable protection options from approved insurers

Nature and Scope of Advice

My advice is limited to:

• Asset finance (vehicles, equipment, etc.)

• Secured and unsecured personal/business loans

• Loan restructuring, refinancing, and debt consolidation

• Associated insurance products related to financed assets

Where insurance protection is discussed, my recommendations are limited to the most appropriate products or suggested terms based on your needs and circumstances. This does not include every available option from the insurer panel or the wider market. This may mean insurance cover does not extend for the entire loan term (e.g. mechanical breakdown insurance).

I only recommend products offered through Simplify, from our approved panel of lenders and insurers.

What I Do Not Provide Advice On

I do not provide advice on:

• Mortgage or home loan products

• Tax, accounting or legal matters

• Your overall financial position or broader financial planning needs

• Financial products or arrangements you hold outside of Simplify’s scope of products or lender and insurer panel

• The suitability, quality, or selection of any physical asset (e.g. vehicles, equipment, or goods being

financed)

Key Risks to Consider

Taking out a loan involves risks, including:

• Affordability risk if your financial situation changes

• Impact on your credit score from missed or late payments

• Fees or penalties for early repayment

• Security risk (for secured loans), where assets may be repossessed if obligations are not met

Your Rights and Responsibilities

You have the right to:

• Receive clear, transparent, and accurate loan terms

• Be fully informed of all fees, costs, and repayment obligations

• Access financial hardship assistance if your circumstances change

You are responsible for:

• Taking the time to understand all information and documentation provided to you and asking questions whenever anything is unclear.

• Meeting all repayment obligations on time and in full

• Carefully reviewing all loan and finance documentation before entering into an agreement

• Notifying your lender as soon as possible if you experience financial hardship

• Ensuring you disclose any modifications to a financed asset and maintain it in accordance with your loan and insurance policy terms and conditions, so that any potential claims are not impacted

Fees and Commissions

• I may arrange loans where fees are charged depending on the loan type and complexity

• I may receive commissions from lenders and insurers via Simplify

These commissions:

• Are not paid directly by you

• Do not influence the interest rate or loan terms you receive

Conflicts of Interest

I manage conflicts by ensuring:

• Advice is based on your needs and objectives

• I am not required to recommend specific lenders

• Recommendations remain appropriate and transparent

Lenders and Insurers

I work with a panel of trusted lenders and insurance providers.

Not all lenders or products may be available to you, depending on your individual circumstances.

Complaints Process

If you are not satisfied with the service provided by me, you can contact Simplify:

Phone: 0800 001 561 Email: complaints@simplify.co.nz

If unresolved by Simplify, you can contact: Financial Services Complaints Limited (FSCL) Phone: 0800 347 257 Website: https://fscl.org.nz

This service is free of charge.

Privacy 

Your personal information is collected by me, handled securely in accordance with legal requirements and used only for providing financial assistance, unless otherwise required by law.

More Information

For full details, visit:  https://simplify.co.nz