Financial advice to be pushed through Sorted

The Retirement Commission and Financial Advice New Zealand have signed a Memorandum Of Understanding (MOU) 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 1.4 million people who use Sorted 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