Workplace financial advice a ‘loss leader’
NZ Funds principal David van Schaardenburg and Professional Advisers Association chairman Peter Leitch, who are both Authorised Financial Advisers, discussed the issue at the Workplace Savings NZ conference.
Van Schaardenburg said the workplace is a useful forum for providing advice and improving financial literacy but not many advisory firms are involved in this space.
"It really requires our industry to make the first step because employers aren't going to come rushing to us. We've got to popularise workplace financial education," he said.
"This place should be chock-full of CFOs and HR directors; these are the people the industry needs to be engaged with to show it's a normal thing to run workplace guidance programmes through your business. It appears very few adviser businesses are doing that at the moment."
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[Weekly Wrap] KiwiSaver in play; but outcome unclear](https://goodreturns.publit.io/file/c_fill,w_300,h_200/0ad582e4-c9a3-4692-bbe2-62d928f77fd2.jpg)
