Financial Advice New Zealand launch date set
In a statement to PAA members, Financial Advice NZ chair Sue Brown said the association had been established and would commence formal operations on July 1 next year. The founding associations’ members will then decide whether to wind up their operations.
Members of the founding bodies will be able to join the new association from March 31.
“The new organisation will focus on standards, advocacy and promotion of advice to the New Zealand public for the mutual benefit of advisers, consumers and other key stakeholders. It will bring new levels of governance to manage the future challenges of being a professional adviser body in this fast-developing area,” Brown said.
A fact sheet about the association said the fees for membership would be broadly in line with rates currently set by the founding bodies.
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