Associations swerve Money Week
In previous years, the Institute of Financial Advisers has offered a free financial advice line during the week organised by the Commission for Financial Capability.
The number of calls received has usually been fairly low but has increased year-on-year – in 2012 it received about 30 calls. In 2013, the number was 58 and 80 were received in 2014.
But this year the organisation is not offering the service. The Professional Advisers Association is not offering a formal Money Week initiative, either.
That is despite both organisations working on the establishment of Financial Advice NZ - which aims to boost New Zealanders' financial literacy, among other goals.
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