Good time for financial planning: Maye
Noel Maye has been in New Zealand meeting industry groups, regulators and advisers.
He said since the global financial crisis, governments and regulators around the world had worked to put consumers back at the centre of legislation and were demanding more professionalism from the financial planning community.
“It has to happen everywhere in the world,” he said. “What you are seeing in New Zealand reflects what we’re seeing in Australia, South Africa, the UK.”
Maye said the Certified Financial Planner (CFP) standard the FPSB administers was helping to set an aspirational target for advisers as part of that evolution.
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