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Last Article Uploaded: Friday, February 5th, 5:30PM
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RAM investors return profits

Ross Asset Management investors have agreed to return profits they received from the fraudulent fund manager rather than go through a court battle trying to keep them.

Friday, February 5th, 11:16AM

The latest liquidators' report shows the three former investors agreed to give back $446,000.

The money could eventually be distributed among people who lost money in the ponzi scheme. 

Ross created fictitious returns and duped clients into thinking he was managing $440 million. Receivers were only able to find assets worth $10 million

Ross was jailed for 10 years and 10 months after pleading guilty to fraud in 2013 ...MORE»

Worry code changes slipping under radar

Friday, February 5th, 6:00AM

There is concern that changes to the Code of Professional Conduct for Authorised Financial Advisers, due to take effect this year, may have slipped under the radar for AFAs amid the bigger review of the Financial Advisers Act.

MORE»

Investors offered new way into equities

Thursday, February 4th, 6:00AM  1 comment

Investors in Australia and New Zealand are being offered a new way to invest in global equity markets.

MORE»

Retirement Income policy a month-by-month approach

Retirement Commissioner Diane Maxwell says getting the public on side is the most important aspect of developing retirement income policy.

Wednesday, February 3rd, 6:00AM

The terms of reference for the three-yearly review of retirement income policy were yesterday tabled in parliament and include several new additions from the last time the policy was reviewed, in 2013.

They include how retirees manage their private savings through withdrawal patterns, annuities, reverse mortgages and how low interest rates affect retirees' management of their money.

Maxwell will produce a report that will look at the impact policies have on current and future retirees ...MORE»

More apply for CFA status

Tuesday, February 2nd, 6:00AM

More than 10% more New Zealand and Australian candidates sat the level one exam for the Chartered Financial Analyst qualification last year than in 2014.

MORE»

Compliance skills in demand

Tuesday, February 2nd, 5:59AM

Financial services risk and compliance specialists are expected to be some of the most sought-after people in New Zealand this year.

MORE»

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Advertising of soft-dollar tempters not a good look

Thursday, December 17th, 6:00AM

New Zealand’s insurance industry is focusing too much on soft commissions, which will not do anything to improve its standing in the eyes of consumers, it has been claimed. MORE»

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Forecasts not commitment - RBNZ

Thursday, February 4th, 2:10PM

Don’t mistake transparency and regular guidance as commitment to a certain policy path, the Reserve Bank warns. MORE»

Insurance Centre Sponsored by: 

Finding new ideas to refresh your marketing

Wednesday, February 3rd, 6:00AM

So you want to grow? That will mean new things – unless you have been on a consistent, year-on-year 10%+ growth track for a while and you simply need to keep turning the handle you will need new ideas. MORE»

Regulation Sponsored by: 

Worry code changes slipping under radar

Friday, February 5th, 6:00AM

There is concern that changes to the Code of Professional Conduct for Authorised Financial Advisers, due to take effect this year, may have slipped under the radar for AFAs amid the bigger review of the Financial Advisers Act. MORE»

People and Events Sponsored by: 

ANZ gets new head of Wealth

Wednesday, January 27th, 2:54PM

ANZ has made some changes to its management team which sees current head of Wealth, John Body, promoted to a new role. MORE»

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Turners looks to boost MTF stake

Monday, September 14th, 4:35PM

Turners is making an offer to buy shares in Motor Trade Finances (MTF) through its subsidiary Turners Finance Limited. MORE»

KiwiSaver   

ASB launches KiwiSaver calculator

Tuesday, February 2nd, 9:05PM

ASB has generated a new KiwiSaver calculator projecting the savings Kiwis could have to draw on when they reach retirement. MORE»

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Latest Comments
  • Investors offered new way into equities
    “Whilst I'm a fan of disruptive technologies I also believe that you get what you pay for. It will be interesting to see the...”
    3 days ago by Pragmatic
  • Advisers told: Don't gamble on forex
    “As quoted by British Economist, Ronald Coase “Statistics, when tortured enough will confess to almost everything” Over...”
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  • Southern Cross to fund preventative treatment
    “Interesting! so join up with Southern Cross, take the test for genetic mutation and collect your $50,000 for surgery (or...”
    11 days ago by Tash
  • OCR cuts to come – but not now
    “"NZIER senior economist Christina Leung believes the RBNZ will make no changes to the OCR until December 2017 when it will...”
    11 days ago by FreedomWatchNZ
  • Lifetime income rates a drawcard
    “Murray & Traveller - thank you. Yes, there is no need to maintain minimum balance of $100k subject to unplanned withdrawals...”
    15 days ago by Ralph Stewart
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