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KiwiSaver could better serve low-income earners: AMP

Financial advisers play an important role in helping people on lower incomes navigate retirement savings, AMP’s general manager in New Zealand says.

Wednesday, June 28th, 6:00AM

Blair Vernon said KiwiSaver could be improved to better cater for those who were not high earners.

He said he regularly spoke to people earning about $50,000 or less a year, who were facing enough of a financial challenge that it was not feasible to save for retirement. 

He said, while it was easy for the financial services sector to say that it should be possible for everyone to save 3% of their incomes, in some cases that was a significant amount and not the right decision to make ...MORE»

Younger investors rate responsible investment: Fisher Funds

Tuesday, June 27th, 6:00AM  3 comments

Talking about responsible investing is a way for financial advisers to engage with younger clients, one fund manager suggests.


Levy change could mean more cost for clients

Monday, June 26th, 6:00AM

There's a smaller bill coming for AFAs but some DIMS providers are warning their clients may be left to pick up the tab.


Getting to Know: Bruce Cortesi

Bruce Cortesi is a familiar face in the advice industry - but did you know he used to be a personal trainer?

Friday, June 23rd, 11:00AM

Who are you and what do you do?

I am the Director of Planwise Limited which has been providing financial services in the Bay of Plenty for 20 years now. In my practice, my specialty area is business risk. I am especially passionate about youth and businesses. I have been in the industry for 21 years and served 14 of those on the board of the Professional Advisers Association and I am currently the Chairman ...MORE»

Robo: Get behind, or get left behind

Friday, June 23rd, 6:00AM  1 comment

A Financial Markets Authority proposal to clear the way for roboadvice earlier than expected has been given a tick of approval by experts.


Legislation date confused: MBIE

Friday, June 23rd, 5:59AM

An MBIE error is being blamed for a line in a press release this week that said the Financial Services Legisation Amendment Bill would be introduced to Parliament this month.


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Insurance Review Sponsored by: 

Industry must face up to trend for commission regulation

Friday, July 15th, 11:51AM  8 comments

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

Mortgage Centre Sponsored by: 

OCR held again - here's what RBNZ had to say

Thursday, June 22nd, 9:00AM

The Reserve Bank today left the Official Cash Rate unchanged while saying major challenges remain. MORE»

Insurance Centre Sponsored by: 

Unhappy Customers

Monday, June 26th, 10:41AM

Customers can be unhappy from many causes. The worst is when the claim didn’t pay. The lurching, sinking feeling when the decision is relayed to you, or the client calls. MORE»

Regulation Sponsored by: 

FARs - where's the accountability?

Wednesday, March 29th, 6:00AM  16 comments

It is appropriate for financial advice providers to be accountable for their financial advice representatives, because they are simply acting as a conduit between the provider and the client, the Ministry of Business, Innovation and Employment says. MORE»

People and Events Sponsored by: 

FMA appoints board member

Tuesday, June 20th, 9:14AM

Commerce Minister Jacqui Dean has revealed a new Financial Markets Authority appointment. MORE»

Deposit Rates Sponsored by: 

UDC vote approves trust deed change

Wednesday, June 21st, 7:33PM

UDC Finance debenture holders have voted to pass a special resolution to change the company's trust deed, clearing the way for sale. MORE»


KiwiSaver could better serve low-income earners: AMP

Wednesday, June 28th, 6:00AM

Financial advisers play an important role in helping people on lower incomes navigate retirement savings, AMP’s general manager in New Zealand says. MORE»

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