NZ investors targeted by scammers: Why advisers need to take note
A recent FMA report revealed that more NZ investors are becoming the target of scammers. Industry insiders say advisers would do well to be on their guard.
A recently released report from the FMA has revealed that since the outbreak of Covid there has been a notable rise in financial scams targeting New Zealand investors.
The report revealed that there had been a rise in fraudsters impersonating legitimate New Zealand companies in attempted scams. It also showed that one in five Kiwis had been approached by an investment scammer.
While the FMA’s ...MORE»
NZ shares rally as retail data reboundsMonday, November 23rd, 6:28PM
Most New Zealand shares rose as local retail data showed the largest quarterly rise since 1995, with investors taking the rebounding sales as a sign of ongoing economic recovery. MORE» |
[The Wrap] What to make of changes in dealer group landSunday, November 22nd, 2:14PM
There's long being talk of rationalisation amongst the dealer groups, but to see the two big insurance groups go in quick succession wasn't something many would have predicted. MORE» |
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It’s time to level up and address the needs of the modern investor
As financial service providers (FSPs) try to navigate a post-pandemic world, it’s clear that business models need to be restructured around shifting customer demographics and market influences. MORE »
AMP's move to passive creates opportunities for active managers
While AMP going passive is a shock to the New Zealand investment community, it should mean more opportunity for the remaining active equity investors.
Not as shocking as a global pandemic, in this year of shocks, was the decision by the AMP to become a passive investor. To the investment community in New Zealand though, it does rate as a pretty big upset.
Founded in 1849 as the Australian Mutual Provident Society, AMP is one of Australasia’s oldest and best-known companies. It has a very long tradition of being one of Australasia’s highest ...MORE»
Professional indemnity insurance: What advisers need to knowFriday, November 20th, 6:14AM 3 comments
Good Returns spoke to industry insiders who believe that just because PI insurance isn’t compulsory, it is still crucial for advisers. MORE» |
FMA seeks consultation on proposed guidance for advertisingThursday, November 19th, 6:51AM
The FMA have opened consultation to the industry on its proposed guidance regarding advertisements for financial products. MORE» |
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Financial Advice NZ and FMA partner to launch full licensing application guide
The free event, happening November 17 both online and in-person, will be a chance for advisers to see the FMA’s full licence application guide. MORE»
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GoodReturns TV
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[GRTV] Financial advice transformed my life: Shanks
Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»
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Investments
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AMP's move to passive creates opportunities for active managers
While AMP going passive is a shock to the New Zealand investment community, it should mean more opportunity for the remaining active equity investors. MORE»
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SHARE confirms Newpark acquisition
SHARE NZ has sealed a takeover of rival business Newpark Group in a deal that will transform the insurance and mortgage advice industries. MORE»
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TMM Online
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Finance minister intervenes on house prices
Grant Robertson has asked the Reserve Bank governor Adrian Orr to consider house price stability when the central bank makes monetary policy decisions, amid growing pressure to curb runaway valuations. MORE»
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Craigs makes three changes at the top
Craigs Investment Partners has made three senior appointments to the firm’s executive leadership team. MORE»
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Juno to increase KiwiSaver fees, not pursuing default status.
Juno KiwiSaver funds are increasing fees for some clients, not going to pursue default provider status. MORE»
