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AMP's Jack Regan reflects on 10 years at the helm

AMP’s former managing director in New Zealand says he is leaving the financial services sector in a much healthier position than that in which he found it.

Thursday, January 19th, 7:13AM

Jack Regan handed over the reins to Blair Vernon at the start of the month, and has returned to Australia, where he will lead the company’s advice and New Zealand businesses.

He spent 10 years at the helm of the business in New Zealand, including overseeing the merger with AXA, and growing AMP’s “product relationships” from 380,000 to 840,000.

Regan said it had been “a massive period of change” for financial services ...MORE»

The top five professions this year

Wednesday, January 18th, 7:24AM

One of the winners of regulation of the financial services sector are people working in the compliance areas. The other winners are people who are involved in the evolving fintech space.

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Aegis loses $375 mill to new platform

Monday, January 16th, 10:31AM

Hawkes Bay-based Boutique Advisers Alliance (BAA) has launched its own, non-aligned, independent custodial platform that uses cutting-edge technology to help advisers meet their regulatory requirements more easily.

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Pathfinder to screen its Water Fund for nasties

Monday, January 16th, 6:00AM

Pathfinder Asset Management has selected Sustainalytics, a leading global provider of ESG and corporate governance research and ratings, as its environmental, social and governance (ESG) research provider.

Working with Sustainalytics’ office in Sydney, Pathfinder will screen companies in its Global Water Fund for revenues including gambling and tobacco, as well as for involvement in controversial weapons ...MORE»

The great Central Bank unwind

Friday, January 13th, 9:18AM

Whether by luck or design, when I first entered the world of applied economics during the mid-1980s, I decided that I would like to specialize in covering central banks and in studying the flows that these institutions could create within financial systems and the real economies of the world.

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UDC gets downgraded on sale news

Thursday, January 12th, 7:21AM

UDC has had its credit rating down-graded following ANZ's announcement it plans to sell the business to a private Chinese conglomerate, and questions are raised about the future of the finance company.

MORE»

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Industry must face up to trend for commission regulation

Friday, July 15th, 11:51AM  7 comments

Massey University's Michael Naylor discusses the FMA's report on insurance replacement business. MORE»

Mortgage Centre Sponsored by: 

Surprise spike in mortgage lending

Wednesday, December 21st, 4:22PM

Evidence that the effect of the latest LVR restrictions might be diminishing comes in new data which reveals a big jump in mortgage lending – including to investors. MORE»

Insurance Centre Sponsored by: 

Rating company gives its view on Sovereign

Tuesday, January 3rd, 7:33AM

Ratings agency AM Best explains why it has left Sovereign's financial strength rating unchanged as well as outlining its views on the company's financial position and its distribution strategy. MORE»

Regulation Sponsored by: 

Call for more scrutiny of regulators

Monday, August 15th, 5:59AM  2 comments

Financial services providers are becoming ever more familiar with the Financial Markets Authority in its industry oversight role – but who is keeping an eye on the regulators? MORE»

People and Events Sponsored by: 

Heartland hires new CFO

Thursday, January 19th, 10:07AM

Heartland Bank Limited has announced the appointment of its chief financial officer. MORE»

Deposit Rates Sponsored by: 

UDC gets downgraded on sale news

Thursday, January 12th, 10:23AM

UDC has had its credit rating down-graded following ANZ's announcement it plans to sell the business to a private Chinese conglomerate, and questions are raised about the future of the finance company. MORE»

KiwiSaver   

KiwiSaver quake moves spark warning

Thursday, November 24th, 6:00AM

Government is making it easier for earthquake-affected KiwiSaver members to withdraw their money if they suffer financial hardship – but one adviser is warning it is not a good idea. MORE»

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