About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, August 25th, 2:51PM
rss
Investment News

Client interests: first, best or last?

Imagine you’re seeing your doctor or lawyer and they tell you “just so we are clear, my duty is to put your interests first… but I won’t necessarily be acting in your best interests.”  How would you feel? Comforted and relieved?  Or surprised and confused?  In this commentary John Berry looks at a financial adviser’s duty to place the interests of the client first (but not to act in the client’s best interests).  What does this mean?  Is it what clients expect?

Monday, August 22nd, 6:10AM

Understanding professional duties

“Acting in the best interests of a client” seems self-explanatory but is also hard to define concisely.  It means something like evaluating and balancing all elements to promote the advantage of the client. This contrasts with the Code Standard obligation to “place interests of the client first” which appears to be much narrower.  “Client interests first” simply tells us that if the interests of the adviser and client conflict, then the client’s interests are to take priority...MORE»

China recreates the Mississippi Bubble

Sunday, August 14th, 4:19PM

Andrew Hunt argues that investors should be watching China's currency carefully as that will impact asset price inflation around the world.

MORE»

Infrastructure investing: What, why and how?

Monday, July 11th, 8:33AM

According to Blackrock the world needs to build US$57 trillion of new infrastructure by 2030 – a huge amount that governments cannot finance alone.  Combine infrastructure demand, financing needs and relatively stable long term returns, and it is easy to understand why interest in infrastructure investment continues to grow.

MORE»

Brexit - Near term and longer term views

Wednesday, July 6th, 12:59PM

We very much doubt that the financial markets remotely expected the BREXIT vote to deliver a ‘leave outcome’ (and we also very much doubt that many people that voted for it actually expected it to occur). 

MORE»

Nikko's latest quarterly investment forecast

Thursday, June 30th, 4:05PM

Nikko Asset Management’s Global Investment Committee (GIC) has forecasted that global equities will decline a bit further and has initiated an overall underweight stance, regionally over-weighting Japanese and U.S. equities. Due to the committee’s expectation that global bond yields will decline moderately, it will overweight global bonds and USD cash for USD-based clients. 

MORE»

More Headlines
Deposit Rates Sponsored by: 

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»

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»

Wellington Airport issues bonds

Monday, May 9th, 8:29PM

Wellington International Airport has allocated $75 million in bonds to participants in its book build process, including $25 million in oversubscriptions. MORE»

Chorus offers bonds with minimum 4.1% rate

Monday, April 11th, 10:30AM

Chorus has announced an offer of five-year unsecured, unsubordinated fixed-rate bonds. MORE»

ANZ issues bonds

Sunday, March 13th, 11:21AM

ANZ is making two offers of unsecured subordinated bonds. MORE»

Genesis bonds

Thursday, March 10th, 11:51AM

Genesis Energy is offering up to $75 million, and up to $25 million of over-subscriptions, of six-year fixed rate senior bonds to institutional and New Zealand retail investors. MORE»

Banks cut cash PIEs to half OCR

Tuesday, February 9th, 6:00AM

Low interest rates on offer from the four main banks’ cash PIE funds are likely just an indication of the tough times for people surviving on money in the bank, one commentator says. MORE»

Banks cut cash PIEs to half OCR

Tuesday, February 9th, 6:00AM

Low interest rates on offer from the four main banks’ cash PIE funds are likely an indication of the tough times for people surviving on money in the bank, one commentator 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»

Call for KiwiSaver to follow Super Fund on ethical investing

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

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

SuperLife shines for NZX

Wednesday, August 17th, 8:55AM

SuperLife’s KiwiSaver business grew 26.6% in the six months to the end of June, the NZX has revealed today. MORE»

Rules for bankrupt KiwiSaver members cause concern

Monday, August 15th, 4:00PM

A Court of Appeal ruling has given KiwiSaver balances more protection than other retirement savings when someone enters bankruptcy - a situation that has the Ministry of Business, Innovation and Employment concerned. MORE»

Study to assess ways to help KiwiSaver members get better results

Monday, August 15th, 1:02PM

A trial has begun that will investigate the effectiveness of behavioral interventions to help KiwiSaver members make better financial decisions. MORE»

Banks too dominant in KiwiSaver: Survey

Thursday, August 4th, 5:59AM

New Zealand’s investment management industry is worried about the influence and domination of the big banks on KiwiSaver, a new survey has shown. MORE»

Stubbs launches not-for-profit KiwiSaver scheme

Monday, August 1st, 6:00AM  3 comments

A new, low-fee KiwiSaver scheme being launched today will be a good fit for financial advisers who work on a fee basis, its managing director says. MORE»

Good Returns Investment Centre is bought to you by:

Subscribe Now

Keep up to date with the latest investment news
Subscribe to our newsletter today

Edison Investment Research
  • VinaCapital Vietnam Opportunity Fund
    8 August 2016
    Broad exposure to interesting frontier market
    VinaCapital Vietnam Opportunity Fund (VOF), one of the larger and longer-established Vietnam-focused funds, provides exposure to the economy’s evolution...
  • Lazard World Trust Fund
    2 August 2016
    New initiatives to boost shareholder value
    Lazard World Trust Fund (WTR, formerly The World Trust Fund) seeks capital growth by investing globally in closed-end funds and holding companies that...
  • Templeton Emerging Markets Inv. Trust
    22 July 2016
    New lead manager broadens TEMIT’s portfolio
    Templeton Emerging Markets Investment Trust (TEMIT) invests in emerging market-listed equities or in companies listed elsewhere where the majority of their...
  • The Biotech Growth Trust
    20 July 2016
    Positive industry fundamentals
    The Biotech Growth Trust (BIOG) is a specialist investment trust that aims to generate capital growth from a portfolio of global biotech stocks. The fund...
  • Standard Life UK Smaller Companies
    14 July 2016
    Outperforming in a weak market
    Standard Life UK Smaller Companies (SLS) is an actively managed UK small- and mid-cap focused trust with a quality-biased portfolio. Manager Harry Nimmo...
  • The Merchants Trust
    7 July 2016
    High and growing income
    The Merchants Trust (MRCH) is a very well-established trust investing in UK equities, primarily in higher-yielding, large-cap companies, which aims to...
© 2016 Edison Investment Research.

View more research papers »

Today's Best Bank Rates
RaboDirect 3.25  
Based on a $50,000 deposit
More Rates »
Cash PIE Rates

Cash Funds

Institution Rate 33% 39%
ANZ 0.75    -    -
ASB Bank 0.90    -    -
ASB Bank 1.05    -    -
ASB Bank 1.10    -    -
ASB Bank 1.15    0.18    -
ASB Bank 1.20    -    -
Heartland Bank 2.60    3.22    3.37
Nelson Building Society -    -    -
RaboDirect 1.75    1.81    1.89
SBS Bank 1.80    2.59    2.70
Westpac 0.55    0.57    0.59
Westpac 0.05    0.10    0.11
Westpac 2.75    2.83    2.96

Term Funds

Institution Rate 33% 39%
ANZ Term Fund - 90 days 2.60    3.01    3.14
ANZ Term fund - 12 months 3.25    3.64    3.80
ANZ Term Fund - 120 days 3.00    3.29    3.45
ANZ Term fund - 6 months 3.15    3.48    3.64
ANZ Term Fund - 150 days 3.25    3.39    3.55
ANZ Term Fund - 9 months 3.50    3.53    3.69
ANZ Term Fund - 18 months 3.60    3.64    3.80
ANZ Term Fund - 2 years 3.35    3.69    3.85
ANZ Term Fund - 5 years 3.60    3.85    4.02
ASB Bank Term Fund - 90 days 2.60    2.97    3.10
ASB Bank Term Fund - 6 months 3.20    3.49    3.65
ASB Bank Term Fund - 12 months 3.20    3.70    3.86
ASB Bank Term Fund - 18 months 3.20    3.75    3.92
ASB Bank Term Fund - 2 years 3.25    3.81    3.98
ASB Bank Term Fund - 5 years 3.55    3.97    4.14
ASB Bank Term Fund - 9 months 3.10    3.54    3.70
BNZ Term PIE - 120 days 3.00    -    -
BNZ Term PIE - 150 days 3.00    -    -
BNZ Term PIE - 5 years 3.60    -    -
BNZ Term PIE - 2 years 3.35    -    -
BNZ Term PIE - 18 months 3.30    -    -
BNZ Term PIE - 12 months 3.25    -    -
BNZ Term PIE - 9 months 3.25    -    -
BNZ Term PIE - 6 months 3.15    -    -
BNZ Term PIE - 90 days 2.60    -    -
Co-operative Bank PIE Term Fund - 6 months 3.30    -    -
Heartland Bank Term Deposit PIE - 12 months 3.40    3.79    3.96
Kiwibank Term Deposit Fund - 150 days 3.00    3.09    3.22
RaboDirect Term Advantage Fund - 12 months 3.40    3.50    3.65
RaboDirect Term Advantage Fund - 6 months 3.30    3.39    3.55
RaboDirect Term Advantage Fund - 90 days 2.85    2.93    3.06
Westpac Term PIE Fund - 150 days 2.80    3.08    3.22
Westpac Term PIE Fund - 120 days 2.70    3.13    3.27
Westpac Term PIE Fund - 18 months 3.20    3.58    3.75
Westpac Term PIE Fund - 12 months 3.20    3.58    3.75
Westpac Term PIE Fund - 6 months 3.00    3.38    3.53
Westpac Term PIE Fund - 9 months 3.10    3.44    3.60
Westpac Term PIE Fund - 90 days 2.50    2.82    2.95
Westpac Term PIE Fund - 2 years 3.25    3.85    4.02
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com