FSC membership grows by 23% - new board appointed

“Despite this, the FSC has continued to grow and provide guidance, support and education to members, consumers, government, regulators and the marketplace in general,” he says.

FSC chief executive Richard Klipin says membership grew to 92 members between July 2020 and June 2021, a 23% increase on the year before, after welcoming the health insurance sector to the FSC following the merger with HFANZ at the end of 2020.

“As part of the FSC’s broadening reach, we are now focussed on growing the financial confidence and wellbeing of New Zealanders," he says.

The new FSC board was confirmed at the AGM, welcoming new board member Peter Forster (GM Wealth, BNZ).