[The Wrap] What's the future for Financial Advice NZ?

The association which is an amalgam of three former associations is five years old, and like any five-year old has big changes.

The body has been ably led by its inaugural chief executive Katrina Shanks. However, she has just a week left in the role before taking up a gig in Melbourne as the chief executive of ANZIFF.

Whoever, the board appoints to replace Shanks will be a determining factor for the survival of Fin Advice NZ, which after all is a voluntary membership association.

A lesson from history is that whoever assumes the reigns will, in all likelihood be the make or the break for the association. Over my decades in the industry I have seen poor appointments (along with some good ones).