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Last Article Uploaded: Monday, May 20th, 3:45PM
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Latest Headlines

LM court date pushed back

Trilogy’s day in court, trying to take control of LM Investment Management’s First Mortgage Investment Fund, has been pushed back several months.

Monday, May 20th, 6:00AM

LMIM has been in voluntary administration since March.

FTI Consulting was initially called in as administrators but a court ruled there were too many conflicts of interest between it and LM for it to continue in that role for the Managed Performance Fund and appointed Korda Mentha instead.

Trilogy says the same must apply for the mortgage fund and believes it has the support of investors to take over as responsible entity ...MORE»

Advisers told to dob in peers

Friday, May 17th, 6:00AM  11 comments

Advisers must dob in any of their peers who aren’t meeting industry standards, Financial Markets Authority chief executive Sean Hughes says.

MORE»

Adviser data safe dispute scheme says

Wednesday, May 15th, 4:47PM

A financial dispute resolution service says complainants should not be alarmed about the safety of their information after its parent company was implicated in an ACC privacy breach.

MORE»

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RBNZ confirms macroprudential tools

Monday, May 20th, 6:00AM

The Reserve Bank says it agrees with those who say loan-to-value ratio “speed limits” are a better way of implementing restrictions than blanket rules. MORE»

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Partners wins PAA gong

Monday, May 20th, 6:00AM

Partners Life was named insurer of the year by members of the Professional Advisers Association at its conference in Auckland on Friday night. MORE»

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Advisers told to dob in peers

Friday, May 17th, 6:00AM  11 comments

Advisers must dob in any of their peers who aren’t meeting industry standards, Financial Markets Authority chief executive Sean Hughes says. MORE»

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PAA chairman resigns

Monday, May 20th, 3:42PM

PAA chairman Peter Leitch has announced he is standing down after five years in the role. MORE»

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Geneva announces early payment

Friday, May 3rd, 6:00AM  2 comments

Geneva Finance’s moratorium repayment of $4.9 million, due on September 30, will be paid on May 8, 22 weeks ahead of schedule, the NZAX-listed vehicle loan provider said. MORE»

KiwiSaver   

Growth funds report strong returns

Wednesday, May 1st, 6:00AM

None of the KiwiSaver funds monitored by Morningstar have experienced negative returns over any of the one-, three- or five-year monitoring periods, which co-head of fund research Chris Douglas says has come as a pleasant surprise. MORE»

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Latest Comments
  • Advisers told to dob in peers
    “This is an interesting debate, and timely. I attended the PAA Conference, and heard Sean Hughes. I’m also in a situation...”
    7 hours ago by AFA Muggins
  • S&P sounds warning to some lenders
    “Too often in criticism of NZ's current account deficit there appears to be a lack understanding that whether it is bad or...”
    3 days ago by John
  • Advisers told to dob in peers
    “I would suggest everybody focus on looking after clients and building their businesses. One should be far too busy to worry...”
    3 days ago by Informed
  • Advisers told to dob in peers
    “Excellent point you make RWAW. A good case in point would be when Kapiti mortgage broker Kerry Buddle was able to hold an...”
    3 days ago by Amused
  • Fidelity not hiring TOWER's sales force
    “Apologies Zak, my comment is directed to MJS....”
    3 days ago by Interested
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