Embattled broker resigns from NZMBA board

NZMBA chairman Darren Pratley says the board has completed an inquiry around claims made about Tierney in the media.

Last month it was reported that Tierney had liquidated her company and created a new one under the same name which left a court-ordered debt relating to trail commissions, behind.  

Pratley says the NZMBA board has had an opportunity to consider the information received to date and correspondence obtained by the board, and it has concluded from that information, that no issues have arisen that would cause the board to review Tierney's membership. 

"However, given the public nature of this dispute, Sue would prefer to lessen the spotlight on her and her decision to resign is largely a result of this."