The Wrap: Has FSC launched a pre-emptive strike on the new adviser association?

It's been mooted in some circles to watch the FSC as it may have bigger plans that include becoming the association of financial advisers.

And what better time to do it?

The new Financial Advice NZ association has been born, but it's still in nappies. Some would suggest it hasn't been discharged from hospital yet. It is an official organisation, it has an establishment board, but it is not going to be up and walking and accepting members until the middle of next year.

When it does, its first target are existing members of the PAA, IFA and NZFAA.