IFA mum on FANZ vote
The IFA and Professional Advisers Association (PAA) have floated the idea of the new body, to which it is hoped both groups’ members will belong – as well as other advisers who are not part of a professional association at the moment.
Both associations’ memberships are being asked for their vote to give management the green light to start negotiations to establish Financial Advice New Zealand.
Those talks need to include things such as the structure and mission statement of the new organisation.
IFA president Michael Dowling has said the two are starting with a “blank slate” because it had not been appropriate to have detailed discussions about what the organisation might look like until it was clear that the idea had the support of members.
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