Financial Advice NZ consultation begins
The Institute of Financial Advisers and Professional Advisers Association are working together on the development of the new organisation, intended to represent the industry as a whole.
They have a 100 working day plan to develop the framework for the organisation. By April or May next year, members of both organisations will have the opportunity to vote on whether they want to join.
The first 20 working days of the development have been spent developing the budget for the development process and a consultation and communication plan.
The next 40 will be spent consulting with advisers, the wider financial services industry and consumers.
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