tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Wednesday, May 27th, 2:04PM

People

rss
People

Franks joins PAA board

Management consultant and former AIA head of distribution Darrin Franks has been added to the Professional Advisers Association board as an independent member.

Friday, September 4th 2015, 6:00AM

by Susan Edmunds

Franks said he had been working with the association for a number of years and felt he had skills to contribute.

“I have a great degree of passion for the industry.”

Franks said associations should be working closer together and with product providers to further the industry. “It’s a relatively small industry and it should be bigger. There shouldn’t be any such thing as channel conflict. Customers ultimately decide which channel fits their needs.”

Those who chose to work with an outsourced distribution model should do so on the basis that was an extension of themselves, he said.

The outsourced distributors should see their value proposition as enhancing what they could supply by way of advice and product to customers. “One can’t shine without the other.”

Franks said the mistrust of stakeholders in the industry was pulling it down. “Entities and individuals need to get over themselves and get on and get a bit more customer-centric. The rhetoric is around customer first but it doesn’t always live up to it.”

Concerns were not limited to advisers, he said.

For every problem a product provider pointed out, he said there would be an issue the providers were guilty of, too.

“Let’s just work together to improve it.”

He said there was a massive need for advice in New Zealand.

Tags: PAA

« Perpetual Guardian makes appointmentsSimon Fisher takes on CEO role »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Slideshow

MORE JOBS»

Wednesday, May 27th 2020
Financial Stability Report
Nationwide

Thursday, May 28th 2020
Speech Advisory: A Near Horizon - Seizing the opportunities and managing the risks in the transition to net zero
Nationwide

Wednesday, June 24th 2020
Official Cash Rate announcement
Nationwide

Tuesday, August 4th 2020
Core Strand
Auckland

Wednesday, August 12th 2020
OCR & MPS Media conference & live-stream
Nationwide

Friday, September 4th 2020
Core Strand
Auckland

Wednesday, September 23rd 2020
Official Cash Rate announcement
Nationwide

Wednesday, November 11th 2020
OCR & MPS Media conference & live-stream
Nationwide

Wednesday, November 25th 2020
Financial Stability Report
Nationwide

Tuesday, February 23rd 2021
Wealthpoint Conference 2021
Northland

MORE»

News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com