Te Ara Ahunga Ora Retirement Commission and Financial Advice New Zealand have signed an Memorandum of Understanding to improve access to professional financial advice, boost financial capability, and build consumer confidence.
The initial five-year partnership formalises a shared commitment to improving financial wellbeing across life stages, with a particular focus on connecting Sorted with Financial Advice New Zealand’s Find an Adviser Directory.
Retirement Commissioner Jane Wrightson says, “this partnership builds on our work to empower New Zealanders with trusted information and financial tools and our leadership of the National Strategy for Financial Capability.
“By linking the more than 2 million who use Sorted each year with Financial Advice New Zealand’s professional adviser network, we’re creating a clearer pathway from learning to action.
“Many people aren’t sure when to seek advice - this collaboration helps demystify that decision and shows how valuable quality financial advice can be, while offering a trusted way to find it.”
Financial Advice New Zealand Chief Executive Nick Hakes says the MOU reflects a shared vision for a more financially resilient Aotearoa New Zealand.
“We’re incredibly excited to formalise this partnership. Our members adhere to the highest standards of professionalism, ethics, and client care in financial advice,” he says.
“This partnership represents a meaningful step toward improving financial wellbeing across New Zealand. By linking Sorted users with our Find an Adviser Directory, we’re creating a clear and trusted pathway from financial information to professional advice. When people feel more informed and in control of their financial situation, they’re more likely to engage proactively with their finances — and that’s where advisers play a vital role, offering clarity and confidence to help individuals achieve their financial goals. We’re proud to work closely with the Retirement Commission to ensure more New Zealanders can access quality financial advice.”
The MoU outlines joint initiatives to:
- Promote the value and accessibility of professional financial advice.
- Enhance financial capability through coordinated campaigns, research and resources.
- Advance the National Strategy for Financial Capability.
- Increase consumer awareness of the value of financial advice
ENDS
Notes to Editors:
About Sorted
Sorted is a free service run by Te Ara Ahunga Ora Retirement Commission, the government-funded, independent agency dedicated to helping New Zealanders get ahead financially.
As New Zealand’s trusted personal finance site, Sorted has the information needed to tackle debt, plan and budget, save and invest, dial up your KiwiSaver, plan for retirement, protect what's important, and manage a mortgage. Providing tools, guides and blogs, Sorted can help no matter where you are at when it comes to money.
About Te Ara Ahunga Ora Retirement Commission
Te Ara Ahunga Ora Retirement Commission aims to help New Zealanders to retire with confidence. Retiring with confidence means New Zealanders feel secure they’ll have resources to live and the know-how to make ends meet.
We focus on three areas: Retirement Income Policies, Retirement Villages and Financial Capability.
Te Ara Ahunga Ora runs Sorted, Sorted at Work, Sorted in Communities and Te whai hua – kia ora, Sorted in Schools and is responsible for the National Strategy for Financial Capability.
About Financial Advice New Zealand
Financial Advice New Zealand is the largest financial adviser-representative professional body for Financial Advisers and Financial Advice Providers (FAPs) in New Zealand. Our members provide trusted advice to consumers across financial planning and investments, mortgages and lending, and life, disability & health insurance, which ultimately helps Kiwis grow, manage, and protect their wealth.
Today, Financial Advice New Zealand is a vibrant, innovative association, where the underlying driver of policy is that great advice transforms lives. We promote the highest professional standards for financial advice, so more New Zealanders have the confidence to actively seek quality financial advice to improve their financial health, wealth, and well-being
For media inquiries contact:
Anika Forsman
Director, Stakeholder & Communications
Te Ara Ahunga Ora Retirement Commission
Ph: +64 21 246 4302
Email: anika@retirement.govt.nz