[The Wrap] Bouquets and brickbats in a big week; A challenge for advisers too

The week started off with CoFI coming to life. Did it change anyone's day on Monday?

Nope, I don't think so. But as I note here there will be changes coming down the pipeline.

The Financial Advice NZ conference on Christchurch was a success - but here's a challenge for the sector. According to the FMA there are just over 8,000 financial advisers and, in good news, we have just seen a bunch of newbies join the advice profession.

But only 500 people turned up and the conference. When you strip out product providers, media, speakers etc it's only a couple of hundred advisers.