PAA In the News
Check out the articles below for the latest industry news. Something to say? Voice your opinions, ask questions and hear what other PAA members have to say.
Choosing Your AML Auditor
Here are some tips on selecting your Anti-Money Laundering (AML) auditor.
Andrew Patterson Talks About the Rise of the OCR
The Reserve Bank has lifted interest rates and may keep lifting "as needed" Andrew Patterson talks with Financial adviser Karen Tatterson
PAA boss: More focus on regional brokers
New Professional Advisers Association chief executive Rod Severn says advisers in regional New Zealand can expect to see more of the organisation under his watch.
Non-CPD training 'still worthwhile'
It’s still worth advisers attending product training sessions, even if they don’t count as structured continuing professional development (CPD) hours under the new code of conduct, the PAA’s learning and development manager says.
Grab low rates, say brokers
The cash rate is likely to rise, so experts say assess what you can afford and lock it in.
OCR INCREASE: FLOATING RATE BORROWER OPTIONS
Borrowers need to carefully consider what is best for their home lending for the medium term, says the Professional Advisers Association (PAA).
Your New CEO Has Arrived!
Welcome Rod Severn, the PAA's new Chief Executive Officer
Don't skip reviews: Cortesi
It is critical that advisers review every client every year, says the president of the Professional Advisers Association.
Shift the Focus: Emphasis on LVR risks quality of borrowing decisions
With loans over 80 per cent LVR in short supply, borrowers are becoming more inclined to focus exclusively on getting a loan approved rather than whether it is the right solution for their long term needs, says the PAA (Professional Advisers Association)
Boost sector profile in 2014: Cortesi
More work must be done to improve the public perception of financial advisers, says the president of the Professional Advisers Association.
Regulation inhibiting advice
Advisers are so worried about breaking the rules that it is an impediment to customers accessing advice, says the former general manager of the PAA.
PAA and IFA disagree on proposed Code changes
The industry’s main bodies are at odds over some of the suggested changes to the Code of Professional Conduct for Financial Advisers.
Campbell to step down
PAA general manager Jenny Campbell has announced she is resigning.
Too many professional bodies: Advisers
There are too many professional bodies operating in the financial advice industry, some advisers say.
Jenny Campbell: Reserve Bank's move makes it harder for first home buyers
Mortgage Brokers Association general manager Jenny Campbell talks to Mike Hosking about the Reserve Bank's move to restrict high loan to value lending