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Last Article Uploaded: Thursday, August 25th, 2:51PM
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Formal Financial Advice NZ conversations start next month

More of the countries’ adviser associations will be approached more formally early next month about the possibility of becoming involved with Financial Advice New Zealand.

Friday, August 26th, 6:00AM

The new professional association, to represent financial advisers, is being developed by the Institute of Financial Advisers and the Professional Advisers Association.

But to achieve the clout and scale it desires, it will need more than just the memberships of the two organisations to join. It will have to pull in some of the thousands of advisers who are not a member of any professional body at present ...MORE»

Milford appoints new CEO

Thursday, August 25th, 9:33AM

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Generate rakes in new FUM

Thursday, August 25th, 9:04AM

Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows.

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Call for KiwiSaver to follow Super Fund on ethical investing

New Zealand's newest KiwiSaver provider is calling on the rest of the industry to adopt standard responsible investing protocols.

Wednesday, August 24th, 6:00AM  5 comments

KiwiSaver investments have been in the spotlight over recent days after a political outcry over revelations that some default funds are invested in companies making bombs and land mines. 

Sam Stubbs, of new KiwiSaver provider Simplicity, said it would make sense for the whole industry to follow the NZ Super Fund's policy on responsible investment.

The fund has an extensive responsible investing programme, including exclusions for companies involved in the manufacture of cluster munitions, manufacture or testing of nuclear explosives, anit-personnel mines, tobacco or whale meat ...MORE»

KiwiSaver transfers from Australia still a drag

Tuesday, August 23rd, 6:00AM

Some New Zealanders trying to transfer Australian superannuation funds back to this country are still facing difficulties.

MORE»

Grosvenor dumps Vanguard over cluster bombs

Tuesday, August 23rd, 6:00AM

Grosvenor Financial Services has moved quickly to the furore around index funds investing in cluster bomb manufacturers by replacing one of its index managers, although the move comes at a cost.

MORE»

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Industry must face up to trend for commission regulation

Friday, July 15th, 11:51AM  7 comments

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

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Looming LVRs impact on mortgage lending

Wednesday, August 24th, 4:43PM

New LVR restrictions seem to be affecting mortgage demand already, with the Reserve Bank’s latest residential lending data showing a big dip in mortgage lending MORE»

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Reserve Bank tells insurers data not good enough

Thursday, August 25th, 6:00AM

Insurers have been given a warning that they need to start offering the Reserve Bank better data – or face sanctions. MORE»

Regulation Sponsored by: 

Call for more scrutiny of regulators

Monday, August 15th, 5:59AM  2 comments

Financial services providers are becoming ever more familiar with the Financial Markets Authority in its industry oversight role – but who is keeping an eye on the regulators? MORE»

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Sovereign leadership shake-up

Friday, August 26th, 6:00AM

Sovereign is overhauling its leadership team - and sources say up to five of its most senior staff may go. MORE»

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Term deposits offered via Consilium platform

Thursday, August 18th, 6:00AM

A new term deposit offer on the Consilium platform is another way for advisers to ring-fence their clients’ financial needs and boost their value proposition, the firm says. MORE»

KiwiSaver   

Generate rakes in new FUM

Thursday, August 25th, 9:04AM

Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows. MORE»

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