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Last Article Uploaded: Friday, November 22nd, 5:30PM
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[The Wrap] Into the unknown

We're days out from transitional licensing opening and still there are questions which remain unanswered.

Friday, November 22nd, 11:19AM  3 comments

It's taken what seems like forever, to get to the start of transitional licensing for financial advisers. Despite having all this time to prepare many advisers still seem unsure about what route to take.

There is an expectation that there will be thousands of FAPs once transitional licensing closes next year. However, there are signs this maybe changing. At the TMM Better Business Conference for ...MORE»

NZ Funds launches new options

Friday, November 22nd, 5:00AM

NZ Funds says its new suite of KiwiSaver-esque funds are designed to be used in conjunction with a financial advice process to help investors hit their goals.


NZ shares fall as US-China trade concerns weigh on markets; Ryman slips

Thursday, November 21st, 6:14PM

New Zealand shares joined the lull across Asia-Pacific markets as investors grow increasingly pessimistic about China-US trade relations. Ryman Healthcare fell on disappointment that its earnings forecast wasn't stronger.


Insurance, KiwiSaver could help out-of-work NZers

New Zealanders could be covered by mandatory unemployment insurance, or required to set up portable redundancy savings accounts linked to KiwiSaver, to help boost income security, the Productivity Commission has suggested.

Wednesday, November 20th, 8:43PM

It has released a draft report on employment, labour markets and income, which said that New Zealanders had few supports available to them if they were out of work.

It noted that few people had private insurance that would cover them for redundancy and it was expensive, or impossible to get, for people with a high risk of job loss.

"Some insurers offer redundancy cover, usually as part of an ...MORE»

Details confirmed for transitional licensing

Wednesday, November 20th, 6:00AM  1 comment

The Financial Markets Authority has confirmed the standard conditions it will require of those seeking a transitional financial advice provider (FAP) licence under the new regime.


Life stages research shows big differences in outcomes

Tuesday, November 19th, 6:43AM  1 comment

Lifestages funds are a better option for savers than default KiwiSaver funds, but they’re not all created equal, new research from MyFiduciary suggests.


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News Bites

Morningstar backs InvestNow

Wednesday, November 20th, 8:53PM

Morningstar has deployed a suite of web components for retail investment platform InvestNow. MORE»

GoodReturns TV

Time for changes to KiwiSaver

Wednesday, September 25th, 3:43AM

KiwiSaver has done well in its first 12 years, but David Boyle only gives it a score of 6.5 or 7 out of 10. In this interview with Good Returns TV he discusses changes he would like to see. MORE»

Insurance Centre Sponsored by: 

Health insurance coverage jumps

Monday, November 11th, 8:45PM

Just over 1.4 million New Zealanders now have health insurance, a figure the Health Funds Association says shows that people can see the value in it. MORE»

TMM Online

NZCU Baywide buys Co-op Money NZ

Friday, November 22nd, 9:54AM

Credit union NZCU Baywide has acquired Co-op Money NZ, the supplier of infrastructure and banking services to the nation's credit unions and building societies. MORE»

People and Events Sponsored by: 

Fidelity appoints chief underwriter

Thursday, November 21st, 9:38PM

Fidelity Life has appointed a new chief underwriting manager. MORE»

KiwiSaver Sponsored by: 

Nikko attracts big balances

Wednesday, November 20th, 10:37PM

Nikko’s new KiwiSaver scheme is attracting savers with large balances, rather than large numbers of savers. MORE»

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Latest Comments
  • [The Wrap] Into the unknown
    “Can I add to your list of unknowns, That is the issue of whether a financial adviser will be allowed to provide advice on...”
    5 hours ago by Murray Weatherston
  • [The Wrap] Into the unknown
    “As a Director of Newpark, I am appalled by this comment above "It is good to get rid of overrides as the money in the past...”
    5 hours ago by Murray Weatherston
  • [The Wrap] Into the unknown
    “Dealergroup fully paid for my level5, professional development days, free crm and advice process, bdm support and just attended...”
    5 hours ago by D.G
  • When is a client really a client?
    “while many interesting points are made, I feel that Murray's earlier comment is closest to the mark. However I believe it...”
    7 hours ago by Tony Vidler
  • Life stages research shows big differences in outcomes
    “"Savers who chose NZ Funds, Fisher Funds or SuperLife achieved a higher level of expected wealth at retirement after fees...”
    1 day ago by Gordon Gecko
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