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Last Article Uploaded: Saturday, October 25th, 3:41PM
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Van Eyk liquidation application due in court

Perpetual Trust is set to go to court next week to liquidate Van Eyk Advice New Zealand.

Friday, October 24th, 1:06PM

Chairman Andrew Barnes said the company was going through the process.  “There is a potential sale as I understand it and that may or may not result in the process being continued, aborted or otherwise.”

The liquidation application will be heard in court next week.

Van Eyk struck trouble on both sides of the ditch after Macquarie terminated Van Eyk’s funds because of an illiquid investment made by UK-based fund manager Artefact Holdings ...MORE»

Your Guide to the FAA Review

Friday, October 24th, 9:32AM

Russell Hutchinson's guide on how to have a real input into the Financial Advisers Act Review.


'Better research could have helped advisers avoid collapses'

Friday, October 24th, 6:00AM  2 comments

Financial advisers’ lack of adequate research may have contributed to clients’ losses in finance company investments, a researcher says.


Small part of business can mean big compliance costs

Many advisers are expressing frustration that a small part of their businesses can be responsible for increasing their compliance requirements significantly.

Thursday, October 23rd, 6:00AM

That’s according to AML Solutions’ Richard Manthel, who said being caught by AML rules could mean a lot of work for small advice businesses in particular.

Reporting entities had to file their first AML annual return on August 30. They are also required to be audited every two years.

Manthel said advisers’ compliance costs had skyrocketed over recent years and there was frustration from many about their obligations under the AML rules ...MORE»

'Growing group want advice'

Wednesday, October 22nd, 6:00AM

Online KiwiSaver advice offerings will never replace personalised advice, says the founder of one that went live this week.


Commission questions to be asked

Tuesday, October 21st, 6:00AM  3 comments

Possible restrictions on adviser commissions are likely to be considered as part of the Financial Advisers Act review next year, legal experts say.


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Mortgage Centre Sponsored by: 

Criteria for lifting LVR rules reviewed soon: Wheeler

Thursday, October 23rd, 12:00PM

Next month’s Reserve Bank Financial Stability Report will review the state of the housing market and the implications of that on loan-to-value restrictions, the Reserve Bank governor says. MORE»

Insurance Centre Sponsored by: 

Your Guide to the FAA Review

Friday, October 24th, 9:32AM

Russell Hutchinson's guide on how to have a real input into the Financial Advisers Act Review. MORE»

Regulation Sponsored by: 

10% miss Information Return deadline

Thursday, October 2nd, 6:00AM

Ninety per cent of the inaugural AFA information returns were submitted on time. MORE»

People and Events Sponsored by: 

Grosvenor marketing man leaving

Monday, October 20th, 9:08AM

Grosvenor's long-serving marketing manager Andrew Lendnal has resigned. MORE»

Deposit Rates Sponsored by: 

KIPT bonds oversubscribed

Friday, July 11th, 5:02PM

Kiwi Income Property Trust’s offer of seven-year bonds has been oversubscribed. MORE»


KiwiSaver members told: Don't forget tax

Thursday, October 23rd, 6:00AM

KiwiSaver members are being told to consider the impact of tax on their investments. MORE»

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