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IFA to take part in global survey

The Institute of Financial Advisers is taking part in "a landmark global study" to find out about consumers' attitudes to financial advice.

Tuesday, June 30th, 6:30AM

It is taking part in a Financial Planning Standards Board (FPSB) survey which will be looking at the behaviors that motivate consumers to seek, and the barriers that prevent consumers from seeking, the advice of a financial planner.

The FMA and Massey University are also supporting this global survey initiative. The study, with 19 FPSB member organisations participating, is the first global research project of its kind and will involve nearly 20,000 consumers ...MORE»

QROPS now trapped in KiwiSaver funds

Monday, June 29th, 6:11AM

People who have moved their UK pension to KiwiSaver schemes are now trapped in their current funds, following a decision from the UK tax department.

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People behind FAA review changing

Friday, June 26th, 6:00AM

Advisers say the faces they deal with at MBIE keep changing and it is raising concerns about how well equipped they are to handle the Financial Advisers Act review.

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How to become a first-class adviser

Stephen Rogers says he sought a DIMS licence as he didn’t want to be seen as a “second-class” adviser.

Thursday, June 25th, 6:00AM

His planning firm Foundry Asset Management was recently granted a DIMS licence, bringing the total issued so far to six (full list below).

“I just didn’t want to be seen as a second class adviser,” he says.

He says he could have carried on without a licence, but thought it was necessary from a marketing perspective.

Only 8% of his clients by value will use the DIMS service, however it will be offered to all his clients ...MORE»

FMA tipped to crack down on more managers

Wednesday, June 24th, 6:00AM

Milford Asset Management will not be the last fund manager to fall foul of the Financial Markets Authority, one legal expert says.

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RAM investor must return fictitious profit

Tuesday, June 23rd, 2:04PM

A Ross Asset Management investor has been ordered to pay liquidators $454,000.

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Mortgage Centre Sponsored by: 

Banks net interest income falls - PwC

Wednesday, June 24th, 1:03PM

A decrease in the net interest income of New Zealand’s major banks reflects the current highly competitive lending environment. MORE»

Insurance Centre Sponsored by: 

Churn debate: Sovereign has nothing to add

Saturday, June 27th, 9:16AM

In the latest in our series of interviews with life insurance industry leaders on the vexed of churn and the FMA's investigation, we speak, briefly, to Sovereign CEO Symon Brewis-Weston. Here's what he had to say. MORE»

Regulation Sponsored by: 

Qualification questions may cause concerns

Thursday, May 28th, 6:00AM  3 comments

A crackdown on adviser qualification requirements could prompt some to leave the industry, it has been claimed. MORE»

People and Events Sponsored by: 

UDC gets new boss

Tuesday, June 30th, 5:55PM

ANZ's finance company has a new boss, after former CEO Tessa Price took up the role of Chief of Staff for ANZ Group chief executive Mike Smith. MORE»

Deposit Rates Sponsored by: 

GFNZ returns to profit

Monday, June 15th, 9:27PM

GFNZ, formerly known as Geneva Finance, has returned to profitability. MORE»

KiwiSaver   

KiwiSaver members urged to ponder asset allocation

Tuesday, June 23rd, 2:22PM

Conservative KiwiSaver funds are being tipped to barely outperform cash over the next seven years. MORE»

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