Eight member representatives were nominated to fill four board vacancies, and the successful candidates were Ian Miller, the Tower Investments head of wholesale investments, Graham Evans, Breaker Bay Consultants director, Kerry Haycock, Airways NZ financial controller and John Smith, ASB Bank general manager.

Both Miller and Evans were elected for a second three year term while Haycock was co-opted to the board in 2010 to fill a casual vacancy.

Smith is a first time board member.

"Workplace Savings NZ is very pleased to have attracted such interest in working on our governance group," said chairman David Ireland.

"Our new board members collectively bring a wealth of experience to the table, and they will capably support our objective of advancing the sustainable, effective and efficient delivery of workplace savings outcomes for all involved."

Workplace Savings NZ also praised the work of retiring board member Dianne Kidd and announced a new membership group for whom "Continuing Professional Training" will be a core criterion.

Ireland said the new membership group would be called "Workplace Savings Professional."

"Given the current direction of regulatory reforms, we believe it is important that those who demonstrate a commitment to expertise in the industry in which they work are able to be formally recognised for that commitment," he said.