Two associations look to merge

The fate of the proposed merger will be decided when TNPPA members vote onit at a Special General Meeting to be held on November 9.

In an email to its members, TNPPA said discussions over recent months between the two boards had resulted in a recommendation to merge under a new name: the New Zealand Financial Advisers’ Association (NZFAA).

“Both see the relevance of providing joint services to benefit their memberships under this new entity and will provide a fresh opportunity for the broader adviser community in New Zealand financial services.”

As well as the name change, the LBA also wants an LBA nominated member on the Board andcontinuation of core LBA offerings including its Corporate Club, LBA trophies and LBA membership status.