AuSAE - Founding members vote in favour of new adviser association

Founding members vote in favour of new adviser association

29 Aug 2017 10:09 AM | Deleted user

The three member bodies IFA, NZFAA and PAA last week held Special General Meetings for their members to vote on the establishment of Financial Advice New Zealand.

The member-vote marks the end of the Working group’s development and included:

Approval to establish and commence operations of Financial Advice New Zealand as an independent entity.
Approval to use existing funds to establish Financial Advice New Zealand.
Speaking to NZ Adviser, IFA board chair Michael Dowling says November this year will mark three years of the lengthy process to establish the new organisation.

“But we’ve been very pleased because what we did engage in is a full consultative process so it was always expected to take time.”

The NZFAA’s David Yates told NZ Adviser, “Our members started the process, in terms of voting to join the group, back in August last year.

“From our point of view it’s an initiative that makes eminent sense for the industry and really provides a vehicle from which to launch the future of advice representation in New Zealand – so we’re very pleased to be a part of it and very pleased to have been invited to be a part of it.”

The Working Group said the Constitution of the new Association will be ratified by the Boards of the IFA, PAA and NZFAA, and by the Establishment Board of Financial Advice New Zealand. After that, the new body will be incorporated.

An appointments committee has been working through over 40 applications for positions on the Establishment Board over the past month and the make-up of the establishment board will be announced at Conference on Thursday 3 August.

The Establishment Board will be responsible for getting Financial Advice New Zealand up and running.

This will include developing the operational infrastructure and building the framework for the new body to deliver on it's core objectives in the three areas: advocacy, standards and promotion.

Dowling says the objectives were built up by the membership feedback. “We did want to have a standard of advice that was recognised. The promotion falls into that as well and the intent of the body is to promote good advice and what good advice looks like for better consumer and adviser outcomes.

On advocacy, he says “once we’ve got that standard of advice right, is advocate for that within the stakeholders – the consumer groups, the government groups both legislator and regulator and also within industry partners and providers.”

"This really provides us with an opportunity to have a one voice approach to some of the issues that sit in the industry and really start to drive some of the outcomes that we are looking to try and address,” says Yates. “I think having this level of support and commitment from a broad range of advice clients speaks volumes.”

PAA chairman Bruce Cortesi added, “We now have, along this journey, members of each of the three organisations with high hopes and expectations of this organisation going forward and that’s evolved over the last two or three years.”

This article was originally sourced from NZ Adviser Online.

Strengthening Trans-Tasman Connections: AuSAE and Tourism New Zealand Business Events Renew Partnership

Association professionals across Australia and New Zealand have even more reason to explore trans-Tasman opportunities. AuSAE is proud to announce the renewal of its longstanding partnership with Tourism New Zealand Business Events, celebrating 11 years of collaboration.

For over a decade, this partnership has strengthened connections between the two countries, helping associations expand networks, share knowledge, and deliver world-class events.

Toni Brearley, CAE, Chief Executive Officer at AuSAE, said:

“Our partnership with Tourism New Zealand Business Events has opened doors for association leaders to plan unforgettable events and connect with peers across the Tasman. Together, we’ve created opportunities, shared knowledge, and elevated the experiences of our members and their delegates. This partnership reinforces our commitment to fostering strong trans-Tasman collaborations, helping associations innovate, grow, and deliver outstanding value to their members.”

Helen Bambry, Business Events Manager at Tourism New Zealand, added:

“Partnering with AuSAE means we can directly support association professionals in bringing their next international business event to New Zealand – offering assistance, funding, and support to ensure exceptional experiences for both organisers and delegates.”

Watch the Tourism New Zealand Business Events video

What this partnership means for you

For Australian associations:

Receive expert guidance and support to bring conferences or member events to New Zealand.
Access funding assistance through Tourism New Zealand Business Events.
Expand your network and build partnerships with New Zealand peers and industry leaders.
Deliver international experiences for members and delegates just across the Tasman.

For New Zealand associations:

Strengthen professional connections with Australian association leaders through AuSAE’s network.
Share expertise and collaborate on professional development, governance, and member engagement initiatives, and more.
Gain visibility within the broader association community in Australia and New Zealand.
Access opportunities to host international association events and delegates in New Zealand, boosting local engagement and knowledge exchange.

About AuSAE:

The home for association professionals, the Australasian Society of Association Executives (AuSAE) is the leading - and only not-for-profit, member-based - organisation supporting association professionals in Australia and New Zealand. For 70 years, AuSAE has been a trusted partner for those working in associations, providing professional development, support, and networking to help association leaders achieve organisational goals, advance their careers, and strengthen the wider sector.

About Tourism New Zealand Business Events:

Tourism New Zealand Business Events provides expert guidance, funding, and support to attract conferences, incentives and corporate events to New Zealand.

--- ends ---

For more information about AuSAE, please contact Toni Brearley, CAE:
Toni Brearley, CAE
Chief Executive Officer, AuSAE
E: toni@ausae.org.au
T: + 61 458 000 155

To apply for funding and support to host a conference in New Zealand contact Helen Bambry:
Helen Bambry
Business Events Manager, Tourism New Zealand
E: Helen.Bambry@tnz.govt.nz
T: +61 415 933 325

The Australasian Society of Association Executives

Contact us:

Email: info@ausae.org.au
Phone: 1300 764 576 (within Australia)
Phone: +61 7 3268 7955 (outside Australia)
Address: Unit 6, 26 Navigator Place, Hendra QLD 4011, Australia