PAA/NZMBA joint board creation in final stages

The creation of a joint board for the PAA/NZMBA is in its final stages and members of both bodies are strongly supportive of the two working closer together.

Tuesday, October 25th 2011, 5:00AM 3 Comments

That's the view of Knax Consulting director and joint board independent member Angus Dale-Jones.

Dale-Jones said it was too soon at present to name the rest of the joint board, though he did say they were in the final stages of "working out who is on that board and what the roles are."

He said that since the announcement that the two professional bodies planned to work more closely - and create a joint board - they had been "sounding out members, doing the initial background to look at feasibility and looking at how a board might be structured."

He said consulting with members of both bodies was one of the priorities, though the board may make a formal announcement ahead of finishing the consultation process in the event of a significant development, such as a new Government policy.

"I think the big thing is to try and work out how the bringing together of these two bodies can benefit members and through members, consumers, in producing better professional services," Dale-Jones said.

"It's also not something to be dictated on people, it's sounding people out and getting people's ideas and understanding what people want from their professional associations, so that process is still in train."

He said between the two bodies there were approximately 1,000 to 1,200 members.

"The feedback I'm getting is there is really strong support, people like the idea of the two bodies working together."

Dale-Jones also said the opportunity for two bodies to speak with a single voice would make it easier to lobby Government in future.

"It makes it easier for both industry and for Government if there is consensus in industry's position. The fewer the number of voices, the more persuasive those voices will be."

Tags: Dale-Jones PAA

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Comments from our readers

On 26 October 2011 at 8:16 am Bazza said:
The professional body for Registered Finanical Advisers? Makes sense.
On 28 October 2011 at 3:32 pm Bruce Cortesi said:
Where on earth Bazza did you get the idea that it is going to be a professional body only for RFA's? I do not think this has ever been referred to in any articles and your PERCEPTION is a dangerous one. I would sugget a rethink on your part.
On 2 December 2011 at 10:22 am Bill Collins said:
How about the professional association for advisers who don't want to be institutionalised :-)
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