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Last Article Uploaded: Saturday, July 30th, 9:57AM
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Financial Advice NZ gets green light

Members of IFA and PAA have voted in favour of forming Financial Advice New Zealand.

Thursday, July 28th, 9:00PM

The IFA vote was held on Monday, and the PAA members gave the green light to the proposed new professional association after the first day of the combined conference. It is understood the PAA vote passed 88 votes to four.

“We are obviously very pleased, but not at all surprised,” said Bruce Cortesi, chairman of the PAA “The goals of Financial Advice New Zealand are common to all advisers – across all types of advice ...MORE»

'Client first' right standard for the industry: Everett

Thursday, July 28th, 11:00AM  12 comments

Financial Markets Authority chief executive Rob Everett says he has no patience for people who think the requirement to put clients first is difficult to implement or inappropriate in financial services.


Big DIMS bill looming

Thursday, July 28th, 6:00AM  1 comment

Financial advisers who provide DIMS are bracing themselves for a big increase in their annual Financial Markets Authority levy.


Investors must battle fear

Investors hamstrung by fearfulness may be putting themselves at risk of ending up in retirement without enough money in the bank.

Thursday, July 28th, 5:59AM

That’s according to Gerard Fitzpatrick, chief investment officer of Russell Investments, who addressed the Russell Investments conference in Auckland yesterday.

He said investors needed to achieve their objectives without greediness or fearfulness. Instead, they should be focused on what their goals and objectives were – and stick to them.

Greed was often seen in the markets, he said, such as during the tech bubble and before the global financial crisis ...MORE»

'Work to do' to get advisers on to responsible investment

Wednesday, July 27th, 6:00AM

Advisers are slower than their clients to catch on to a growing movement towards responsible investment, it has been claimed.


FMA wants more money

Tuesday, July 26th, 6:01AM  7 comments

The Financial Markets Authority wants more funding – and the Government thinks financial markets participants should pick up the tab. 


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Industry must face up to trend for commission regulation

Friday, July 15th, 11:51AM  5 comments

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

Mortgage Centre Sponsored by: 

Fall in mortgage lending

Wednesday, July 27th, 11:07AM

Drop in new mortgage lending in June’s Reserve Bank data suggests slowing demand – and it occurred before last week’s announcement that further LVR restrictions are coming. MORE»

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KiwiSaver approach to health insurance needed

Wednesday, July 27th, 1:04PM

KiwiSaver-style incentives to boost health insurance coverage would ease the burden on the public health system and help more New Zealanders get access to surgery, Health Funds Association says. MORE»

Regulation Sponsored by: 

IDS restructures to guide advisers through change

Thursday, July 21st, 6:00AM

Compliance firm IDS has restructured to help advisers prepare for more regulatory change on the horizon. MORE»

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Auld takes on new KiwiSaver role

Wednesday, July 27th, 1:45PM


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Former finance firm completes full circle

Monday, June 20th, 2:36PM

Listed non-bank finance company GFNZ Group plans to revert to its old name of Geneva Finance and boost its share price. MORE»


Defensive funds regain ground

Wednesday, July 27th, 6:00AM

KiwiSaver funds with allocations to defensive assets are starting to shine again, new data shows. MORE»

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