Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Financial Advice New Zealand Announcement Of New Board Members

Financial Advice New Zealand yesterday announced the appointment of two Independent Directors and the elected Risk Practitioner Director.

At its Annual General Meeting yesterday, the Board told Members it was thrilled with the calibre of the 63 people who applied for the position of Independent Director of Financial Advice New Zealand. This demonstrates Financial Advice New Zealand’s growing profile and reputation, and the respect it has earned for financial advisers and financial advice.

This year, the Board recognised Financial Advice New Zealand had moved to a more mature, and sustainable, phase of its development. A phase in which achieving the Constitution’s mandate - to focus on its objectives of promoting the value of financial advice to consumers; advocating for financial advisers and for financial advice; and on building professional standards for financial advisers – will be critical. Therefore, they sought the appointment of two additional Independent Directors who bring a unique set of skills and experiences.

The two Independent Directors are The Honourable Heather Roy and David Kneebone.

Hon. Heather Roy is one of New Zealand’s most sought-after directors in the not-for-profit sector. She brings a wealth of governance experience and, as a former Minister of Consumer Affairs, a thorough understanding of the machinery of Government. Heather has an attitude of inclusiveness that will ensure members remain the Board’s top priority. Heather will be appointed for a term of three years.

David Kneebone has 15 years’ experience increasing the public’s financial literacy in three countries. As Executive Director for NZ's Commission for Financial Capability and most recently as General Manager/Director for the Investor & Financial Education Council (IFEC) in Hong Kong. David will bring the voice of the consumer to the Board. To provide for rotation of directors, David will be appointed for a term of two years.

The position of Risk Practitioner Director of Financial Advice NZ was contested by five experienced financial advisers.

Cecilia Farrow was elected the Practitioner Director. Cecilia held the role of the Risk Practitioner Director on the Financial Advice New Zealand Board for the past two years and was seeking re-election to this position. Cecilia has a 25-year career in the Financial Services sector and has committed her efforts to lifting the standards of advice in the life risk sector.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

RNZ: Porirua Most Expensive Region To Rent, According To Trade Me

A rental website shows this town is now New Zealand's most expensive region to rent a house, ahead of Wellington and Auckland cities. More>>

ALSO:


Stats NZ: Nearly 1,000 More Big Businesses Now Than Two Decades Ago – Media Release

There are now 2,690 big businesses in New Zealand employing more than 100 staff – nearly 1,000 or 58 percent more than 20 years ago, Stats NZ said today. Over the 20 years to February 2020, the total number of enterprises in New Zealand increased ... More>>

ALSO:

RNZ: Housing Boom Could Get Worse, Economist Warns

Economists are calling on the Reserve Bank to reinstate lending restrictions, warning the housing market is spiralling out of control. More>>

ALSO:

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:


CERT NZ: Malicious Computer Virus Targeting New Zealanders

CERT NZ, the government agency which supports organisations and individuals affected by cyber security incidents, says a recent surge of increasingly sophisticated malware attacks is affecting everyday New Zealanders as well as large organisations. The ... More>>

ALSO:

Economy: NZ Small Business Recovery Continues In September

Xero, the global small business platform, today released its Small Business Insights (XSBI) for September revealing an uptick in small business jobs and year-on-year revenue growth in New Zealand. Nationwide, the average number of jobs in the small ... More>>

ALSO:


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>