A little competition to end the week

It's been a busy old time recently with big events like the release of the FMA's findings on life insurance churn and plans to create a new association to promote advice.

We've been told very firmly that this new group, Financial Advice New Zealand, can't be called FANZ and the abbreviation is essentially banned.

Fair enough considering that SBS has a subsidiary call FANZ which it uses for its funds management and investment business.

On a more serious note though former IFA president (the association was probably called something else when he was the boss) and SiFA member Murray Weatherston has issued a little challenge to the new group.