A group of five fund managers have banded together for a roadshow in the Bay of Plenty to help planners and advisers gain necessary continuing education credits.
The managers, Equitable, Prudential, MLC, National Bank Financial Services and Trustees Executors (TEA), held a combined conference in Okoroire, an hour west of Rotorua, on Tuesday.
TEA sales manager Kevin McLean says the idea stemmed from a fund manager social session in Auckland.
A number of members from the Association of Investment Advisers and Financial Planners (IAFP) and the Insurance and Investment Advisers Association (IIAA) had complained about the difficulty they had gaining CE credits.
The managers reasoned if they combined forces association members could get a number of credits in one hit, and the managers could get better attendances at their presentations than if they did them on a stand alone basis.
Also some managers could use the same presentations and speakers they used at the Society of Independent Financial Advisers (SIFA) conference several days earlier.
The day long conference attracted more than 40 people from the Taupo, Hamilton, Tauranga and Rotorua area.
One of the highlights of the conference were presentations by Reeves Moses financial planner Paul Newson, and Lifetime Financial Planning adviser John Cameron on how they ran their businesses.
Newson is arguably one of the most successful IAFP planners in the country, while Cameron has consistently been a top agent for Guardian Assurance.
This first conference was deemed a success and the managers plan to repeat the exercise later in the year.
A group of five fund managers have banded together for a roadshow in the Bay of Plenty to help planners and advisers gain necessary continuing education credits.