Ongoing education as part of mandatory professional membership a priority - FAMNZ

About 100 applications were received for the Auckland-based role left vacant by the resignation of FAMNZ’s first country manager Leigh Hodgetts.

One of the priorities for leading the 196-member organisation will be talking to the Government about ongoing education through mandatory professional industry association membership.

After aspiring advisers have obtained the New Zealand Certificate in Financial Services (level 5), registered with the FMA, and linked to a FAP that is part of a recognised dispute resolution scheme, there is no ongoing education.

FAMNZ managing director Peter While, who also heads up the Mortgage and Finance Association of Australia and the International Mortgage Brokers Federation, which he formed in 2016, says a white paper from the federation’s recent Dublin conference will be released in the next fortnight looking at the issue globally.