The PAA is an incorporated society established in 1953. Initially the organisation operated in the life insurance and investment savings market but, in response to market demand, extended coverage to the mortgage market.
Originally structured as a member benefit organisation, the PAA is now a full professional body. This growth path encompassed the introduction of an Educational Pathway for members, revision of the PAA's Code of Ethics, implementation of a complaints procedure, introduction of practicing certificates and the appointment of a full time CEO.
The attractiveness of the PAA is marked by a rapid growth in membership (approx 25% each year). With an excess of 850 members, and over 2.5m in net assets (including seven holiday homes), we continue to extend our offerings and membership benefits and remain unrivalled in the market place today.
Our PeopleThe PAA is governed by a seven member voluntary board. Click on the "read more" button below to view the roles the board members undertake within the organisation.
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HistoryThe PAA has a long history, having been established back in 1953. Originally structured as a member organisation, the PAA has transformed into a full professional body, encompassing the introduction of an Educational Pathway for members amongst other services. |
PurposeThe philosophy of the PAA is summed up as "your business, your future, your choice.". Our sole purpose is to serve the business interests of financial and mortgage advisers, and one step in that process is to further investment adviser education. |
FutureThe PAA is a foundation member of the Financial Adviser Associations of New Zealand (FAANZ). One of the main purposes of this organisation is to provide a strong, unified voice to legislators to ensure that the needs of financial adisers and consumers are well represented in the development and introduction of legislation. With this in mind, the PAA's business plan revolves around the execution of seven critical success factors |