Proposed Constitution
As well as the usual business at the AGM, this year we are holding a vote on a proposed new Constitution to replace the existing Constitution.
The Board feels now is the right time in the lifecycle of Financial Advice NZ to adopt a new Constitution that reflects the changing environment and changing requirements of our membership. Following consultation with Members, the Board of Financial Advice NZ is pleased to present the proposed Constitution to be voted on at the AGM.
Sue Brown, Chair of Financial Advice NZ says, “The Constitution is an important document which sets out who we are, and tells others who we are. It defines who can be members and who, and what, Financial Advice NZ speaks for. As Members, the Constitution and Rules are your documents, they set out what we as a Board must do for you, and what standards you expect of your fellow members.
“In the three years since Financial Advice NZ was launched, we have together matured into a strong professional body. This proposed Constitution reflects that professionalism and will help protect and maintain our shared reputation, help us uphold professional standards and reinforce our advocacy strength.
“We valued the feedback we got from members during the roadshows, formal consultation and focus group meetings and we have adjusted the proposed Constitution according to that feedback.
“We believe the proposed Constitution represents best practice governance, is modern, provides clear guidance and does not constrain us in this ever-changing world. I encourage you to exercise your right to vote.”
Proposed Constitution and Rules
At the AGM in November, the Board are asking members to vote on the adoption of the proposed Constitution. According to the current Constitution (clause 16.1) The Constitution may be altered, added to or rescinded by a two-thirds majority vote of those present at an Annual General Meeting.
Please read through the Constitution and the Explanatory Memorandum which sets out the key changes in the Constitution.
– Proposed Constitution and Explanatory Memorandum
– Member Rules (including CPD requirements)
– Member Meeting Rules
– Governance Rules
– Certification Rules
– Disciplinary and Complaints Rules
– Link to the current Constitution and Bylaws
Annual General Meeting
Members are invited to attend the Annual General Meeting to vote on the adoption of this new Constitution, and its associated Rules. The Annual General Meeting will be held on Monday 15th November, 2021.
Full details of the Annual General Meeting and agenda, proxy form, resolutions and voting details are available in the AGM Notice of Meeting, see the link below.
Related links
