John Broad  and David McBrearty  were elected as directors and will take up their positions on July 1, replacing Tony Vidler and Neville Caird.

“They are both experienced practitioners and have a good understanding of the needs of IFA members and the role that the professional body plays in leading professional standards for financial advisers, IFA president Nigel Tate says.

Broad is an investment and insurance adviser for AdviceFirst based in Auckland. He is an AFA and holds CFP and CLU designations. His area of expertise encompasses comprehensive financial planning including risk management, insurance and investment.

He is an active branch member and is currently serving his third term on the Auckland branch committee and has just completed mentoring an Auckland member.

David McBrearty is a principal of New Zealand Financial Planning based in its Christchurch office.  He has been practising comprehensive financial planning for 25 years and holds a CFP designation.

Prior to financial planning he worked as the manager of a 14 partner legal practice and as company secretary for a publicly listed company.

Over his financial planning career, David has been an active branch member and is currently on the Canterbury branch committee.

Julie Berry has been re-appointed as an independent director of IFA for a second two-year term.