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Quality mark framework developed

Tuesday, March 6th 2018, 6:00AM 1 Comment

More details of Financial Advice New Zealand's Quality Service Mark should be available at the end of the month.

The mark has been a key part of the development of the new association but has caused consternation among some who worry it might displace the CFP qualification.

In an update, Financial Advice NZ chair Sue Brown said the establishment board would present at IFA/PAA development days around the country, working on the framework for the Quality Service Mark.

She said work was also under way on its member management system, which should be ready by May, when the first members were brought into the association.

"This new system will provide a number of benefits for members including making it easier to engage with Financial Advice New Zealand on a day to day basis, more streamlined event management and online annual declaration and application. "

Tags: Financial Advice New Zealand

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Comments from our readers

On 9 March 2018 at 10:52 am AFA Muggins said:
I guess if people are concerned about the possibility of this new 'mark' displacing CFP, the simple answer is don't join the new organisation, which doesn't have any membership anyway.

I question the value of being a member of the new organisation, as, if we are all going to be Nominated Representatives under FAPs, why would we waste our time and money and effort being in this professional body?

Which raises another question : where is all the funding for the new body currently coming from and how much has been spent and promised to date and where from? IFA? PAA?

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