Institute of
Financial Advisers
Helping you succeed as
a professional adviser.
IFA - The trusted and vital
professional body for financial
advisers in New Zealand
We exist to help our members succeed as professional advisers.
We keep members informed and up to date with the ever-changing
industry, providing a continuous stream of up-to-date factual
information. We do not have vested interests, so the information we
provide is factual and objective and will assist you to make quality
decisions about your business in this industry.
There are numerous member committees within the IFA focused on improving key areas for
members including education and professional development, advice disciplines, ethics and
best practice and events such as the annual Financial Awareness Week.
The IFA is the only pure “professional association” for financial advisers in NZ. There are
other industry organisations providing value to advisers, but there is only one professional
body.
The IFA has a robust complaints and disciplinary process as any professional body must.
It is independent of the governance and management of the Institute, and cannot be
influenced by the organisation. Consumers and advisers alike have faith in its independent
judicial processes.
If there is an issue affecting financial advisers, we make sure your voice is heard. We often
work quietly in the background (not every battle is best fought in the media) to achieve the
best outcome. We represent our members by working through our excellent relationships
with government, regulators, institutions and industry leaders.
IFA Membership
IFA is an organisation dedicated to raising standards for our members
including financial planners, investment advisers, risk advisers, taxation
consultants, accountants, sharebrokers, lawyers, mortgage brokers and
bankers.
We are internationally recognised for our commitment to professionalism. Our members are
committed to the highest standards and focus on what is right for their clients. We make sure
the public know that.
IFA members are professionals defined by values and behavior, not what they sell. In
an ever changing environment, prospective clients need to know you are a respected
professional with a commitment to high standards. Being an IFA member tells them.
IFA believes in the value of good advice.
IFA Member Benefits
Positioning – Members are
unquestionably positioned in the eyes
of consumers, supplier companies and
institutions and regulators as amongst
the most PROFESSIONAL of financial
advisers.
Marketability – Of you and your
business.
Networking – With like-minded
Legislation and Government lobbying
– Get a seat at the table when industry
issues are being debated by government
and government agencies.
A truly professional Code of Ethics
– Continually leading the way in the
industry.
A formal Disciplinary and Complaints
process – Giving consumer and
colleagues to learn informally in a noncompetitive environment, locally and
nationally.
regulators confidence.
Professional development – It’s
director, senior manager and consultant
with other commercial enterprises
because of your professionalism and skill
set acquired through the IFA.
ongoing with seminars throughout the
year.
International qualifications framework
– Rigorous and respected
Education – You are continually updated
and on the leading edge of international
trends, research, topical issues, regulation
and industry developments.
International affiliations and
relationships – We provide knowledge
and resources to members.
Developing trends and resolving
topical issues – Helping shape debate in
New Zealand.
Self improvement and future career
opportunities – Become a high quality
Internationally recognised
qualification – Only members of IFA
can obtain the internationally recognised
Certified Financial PlannerCM designation
(CFPCM) together with Charter Life
Underwriter (CLU).
Best Practice – Working closely with
international advice expert the Financial
Planning Standards Board (FPSB).
Mentoring – Have a senior IFA
practitioner assist and guide you in
your career development. Or become a
Mentor.
IFA Education Scholarships –
Scholarships awarded annually to help
assist members with their professional
development expenses.
Media exposure – Hundreds of
thousands of Kiwi’s reached every year by
IFA through the media including through its
annual Financial Awareness Week.
Get Listed – IFA members are listed on its
website for public access.
Compliance – Support and tools
developed by the profession’s experts.
Annual Conference – Premier education,
networking, CPD credits, entertainment and
fun.
Peer support – A friends support network
that puts members in touch with other
members.
Professional resources – Tools to help
your business.
Member benefits – Negotiated with
various suppliers exclusively for members,
including:
• Group life insurance
• PI Insurance
• Business Tools – Such as accounting and
advisory services and consumables
• Leisure and personal items
“Prospective clients
need to know you
are a professional
with a commitment
to high standards.
Being an IFA
member tells
them.”
Types of membership
Provisonal
You are undertaking vocational training and mentoring
to become a General Member
General
You have demonstrated competence as an adviser and
are a full practioner member
Affiliate
You work in the industry but do not personally give
financial advice
Retired
You’ve been in the industry and want to remain involved,
but aren’t actively advising
Fellow You have been recognised by the IFA for outstanding
service to the Institute
Life You have been recognised by the IFA as a key
contributor to the profession
“We work extensively with the wider industry, regulatory
authorities and media to promote the benefits and value of
professional advice.
Hundreds of thousands of NZ consumers get advice, opinion
and guidance each year from our members.”
Aim high with further qualifications
- beat the competition
The Certified Financial PlannerCM designation (CFPCM) is the
internationally recognised professional designation for insurance and
financial planning professionals and is available exclusively to IFA
members in New Zealand.
The Chartered Life Underwriter (CLU) is a world standard for risk
management professionals.
What do you receive?
• Annual Membership certificate to display
• Annual Certificate to Practice to display
• Professional Promise certificate to display
• Use of the IFA membership status and logo in your marketing
• Access to the members only area of the website where you can access
member resources and benefits
What is your commitment?
• Pay your annual subscription
• Maintain your continuing professional development credits
• Put your clients interest’s first, and be professional in everything you do
• Work to the agreed professional standards (Code of Ethics & Membership Bylaws)
• Be active in the organisation - get involved by participating in branch meetings,
annual conference and professional development days.
8 principles that IFA
members stand for forming the basis of the practice standards.
• Client First
• Fairness
• Integrity
• Confidentiality
• Objectivity
• Professionalism
• Competence
• Diligence
Contact information
on the webwww.ifa.org.nz email
[email protected]
by phone 0800 404 422 by fax 04 499 8064
by mail
P O Box 5513 Wellington 6011
IFA - The trusted and vital
professional body for financial
advisers in New Zealand
We exist to help our members succeed as professional advisers.
We keep members informed and up to date with the ever-changing
industry, providing a continuous stream of up-to-date factual
information. We do not have vested interests, so the information we
provide is factual and objective and will assist you to make quality
decisions about your business in this industry.
There are numerous member committees within the IFA focused on improving key areas for
members including education and professional development, advice disciplines, ethics and
best practice and events such as the annual Financial Awareness Week.
The IFA is the only pure “professional association” for financial advisers in NZ. There are
other industry organisations providing value to advisers, but there is only one professional
body.
The IFA has a robust complaints and disciplinary process as any professional body must.
It is independent of the governance and management of the Institute, and cannot be
influenced by the organisation. Consumers and advisers alike have faith in its independent
judicial processes.
If there is an issue affecting financial advisers, we make sure your voice is heard. We often
work quietly in the background (not every battle is best fought in the media) to achieve the
best outcome. We represent our members by working through our excellent relationships
with government, regulators, institutions and industry leaders.
IFA Membership
IFA is an organisation dedicated to raising standards for our members
including financial planners, investment advisers, risk advisers, taxation
consultants, accountants, sharebrokers, lawyers, mortgage brokers and
bankers.
We are internationally recognised for our commitment to professionalism. Our members are
committed to the highest standards and focus on what is right for their clients. We make sure
the public know that.
IFA members are professionals defined by values and behavior, not what they sell. In
an ever changing environment, prospective clients need to know you are a respected
professional with a commitment to high standards. Being an IFA member tells them.
IFA believes in the value of good advice.
IFA Member Benefits
Positioning – Members are
unquestionably positioned in the eyes
of consumers, supplier companies and
institutions and regulators as amongst
the most PROFESSIONAL of financial
advisers.
Marketability – Of you and your
business.
Networking – With like-minded
Legislation and Government lobbying
– Get a seat at the table when industry
issues are being debated by government
and government agencies.
A truly professional Code of Ethics
– Continually leading the way in the
industry.
A formal Disciplinary and Complaints
process – Giving consumer and
colleagues to learn informally in a noncompetitive environment, locally and
nationally.
regulators confidence.
Professional development – It’s
director, senior manager and consultant
with other commercial enterprises
because of your professionalism and skill
set acquired through the IFA.
ongoing with seminars throughout the
year.
International qualifications framework
– Rigorous and respected
Education – You are continually updated
and on the leading edge of international
trends, research, topical issues, regulation
and industry developments.
International affiliations and
relationships – We provide knowledge
and resources to members.
Developing trends and resolving
topical issues – Helping shape debate in
New Zealand.
Self improvement and future career
opportunities – Become a high quality
Internationally recognised
qualification – Only members of IFA
can obtain the internationally recognised
Certified Financial PlannerCM designation
(CFPCM) together with Charter Life
Underwriter (CLU).
Best Practice – Working closely with
international advice expert the Financial
Planning Standards Board (FPSB).
Mentoring – Have a senior IFA
practitioner assist and guide you in
your career development. Or become a
Mentor.
IFA Education Scholarships –
Scholarships awarded annually to help
assist members with their professional
development expenses.
Media exposure – Hundreds of
thousands of Kiwi’s reached every year by
IFA through the media including through its
annual Financial Awareness Week.
Get Listed – IFA members are listed on its
website for public access.
Compliance – Support and tools
developed by the profession’s experts.
Annual Conference – Premier education,
networking, CPD credits, entertainment and
fun.
Peer support – A friends support network
that puts members in touch with other
members.
Professional resources – Tools to help
your business.
Member benefits – Negotiated with
various suppliers exclusively for members,
including:
• Group life insurance
• PI Insurance
• Business Tools – Such as accounting and
advisory services and consumables
• Leisure and personal items
“Prospective clients
need to know you
are a professional
with a commitment
to high standards.
Being an IFA
member tells
them.”
Types of membership
Provisonal
You are undertaking vocational training and mentoring
to become a General Member
General
You have demonstrated competence as an adviser and
are a full practioner member
Affiliate
You work in the industry but do not personally give
financial advice
Retired
You’ve been in the industry and want to remain involved,
but aren’t actively advising
Fellow You have been recognised by the IFA for outstanding
service to the Institute
Life You have been recognised by the IFA as a key
contributor to the profession
“We work extensively with the wider industry, regulatory
authorities and media to promote the benefits and value of
professional advice.
Hundreds of thousands of NZ consumers get advice, opinion
and guidance each year from our members.”
Aim high with further qualifications
- beat the competition
The Certified Financial PlannerCM designation (CFPCM) is the
internationally recognised professional designation for insurance and
financial planning professionals and is available exclusively to IFA
members in New Zealand.
The Chartered Life Underwriter (CLU) is a world standard for risk
management professionals.
What do you receive?
• Annual Membership certificate to display
• Annual Certificate to Practice to display
• Professional Promise certificate to display
• Use of the IFA membership status and logo in your marketing
• Access to the members only area of the website where you can access
member resources and benefits
What is your commitment?
• Pay your annual subscription
• Maintain your continuing professional development credits
• Put your clients interest’s first, and be professional in everything you do
• Work to the agreed professional standards (Code of Ethics & Membership Bylaws)
• Be active in the organisation - get involved by participating in branch meetings,
annual conference and professional development days.
8 principles that IFA
members stand for forming the basis of the practice standards.
• Client First
• Fairness
• Integrity
• Confidentiality
• Objectivity
• Professionalism
• Competence
• Diligence
Contact information
on the webwww.ifa.org.nz email
[email protected]
by phone 0800 404 422 by fax 04 499 8064
by mail
P O Box 5513 Wellington 6011