Chair of the establishment board Sue Brown said a board meeting last month had established immediate priorities.

The board has approved a new member management system, with funding approval, which she said would “revolutionise the way [members] will be able to engage with [their] new association and allow us to deliver services and support [them] more effectively.”

Work on the implementation of that system began through the latter half of January.

By-laws were being reviewed and would be presented to the advisory committees that represent each advice strand at their first meetings. They were due to have happened last week but were postponed to today.

Brown said significant progress had been made on developing Financial Advice NZ’s quality mark, and she said more details would be announced about that in March.

Another board meeting is due to be held today, at which the professional development strategy would be submitted for approval.

“Work is being done on another six major projects as part of our roadmap,” Brown said.

“We are really excited about progress and the teams at all of the founding bodies are working hard in the background to bring Financial Advice New Zealand to life on 1st July. I’d like to express my appreciation, which I know is shared by the whole board, for the enthusiasm, tenacity, passion and commitment of all those involved. It’s clear to me that the vision for Financial Advice New Zealand is shared by these teams.”

She said she would provide another update at the end of February.