Time for the association mega-merger?
All this talk about changes in companies, structures and staffing got me thinking about what could happen in the advisory industry.
There has been talk about the number of associations we have representing advisers and where they all fit together. Maybe now, when there is a lot of pressure on funding and membership numbers, we could see some of them get together.
The most obvious is that the PAA and LBA join together in some form. This got close a while back but was scuttled by some IFA people. Since the PAA and LBA have similar memberships I can see real benefit here. Also each have some very complimentary parts.
The state of the NZMBA is something which got me thinking about this subject too. As reported, it axed the chief executive role held by Megan Salt last year due to financial pressures. I would have thought that at a time of regulatory change and a time when associations need to deliver benefits to their members having a full-time CEO would be a must.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
