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Last Article Uploaded: Thursday, January 18th, 1:25PM
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Client first 'means responsible investment'

New Zealand advisers and fund managers need to consider clients’ desire for responsible investment of their money if they are to meet their duty to act in clients’ best interests, the Responsible Investment Association of Australasia says.

Thursday, January 18th, 6:00AM  1 comment

It has released new research that shows 90% of respondents expect their investments to be managed in a way that is responsible and ethical.

Under new rules, all New Zealand financial advisers will have a duty to put their clients’ interests first. Investments advisers already have the obligation but the new move will capture some KiwiSaver advisers who have not been operating as AFAs,.

Chief executive Simon O’Connor said his organisation thought responsible investment practices were part of that duty ...MORE»

No safe harbour for new advisers

Wednesday, January 17th, 6:00AM

Advice firms wanting to recruit new advisers could have a new hurdle once the new regime takes effect.

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Advice force changes: Hunters out, farmers in

Tuesday, January 16th, 6:00AM

Selling a book of business is a different proposition in 2018 than it was a few years ago - and not just because average values have increased substantially.

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Stakeholders urged to submit on bill

Submitters are working to a tight timeframe to get their views in on the Financial Service Legislation Amendment Bill.

Monday, January 15th, 6:00AM

When the exposure draft of FSLAB was first released for consultation in February last year, it was suggested that transitional licensing under the regime could commence in the first quarter of next year.

By the time the FSLAB was introduced to the house, timing for the commencement of the new regime had been pushed out to around May 2019, factoring in nine months from the finalisation of the new Code of Professional Conduct for financial advice services ...MORE»

Don't worry, stay invested

Friday, January 12th, 6:00AM

New Zealand market commentators are optimistic about the year ahead, despite international warnings that a crash is “overdue”.

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Squeeze on financial recruitment

Thursday, January 11th, 6:00AM  2 comments

A tough hiring environment may force banks and other financial institutions to take a broader approach to finding financial advisers this year.

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10 Ross investors in liquidator sights

Wednesday, January 17th, 8:30PM

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GoodReturns TV
  

Five years of nib; award winning funds; and Fidelity's $100m injection

Monday, November 20th, 10:36AM

In this latest episode of GRTV, Good Returns publisher Philip Macalister sat down with nib CEO Rob Hennin; Ana-Marie Lockyer, ANZ general manager wealth and products; MD of Fiducian, Indy Singh; and Fidelity CEO Nadine Tereora.  MORE»

Insurance Centre Sponsored by: 

Southern Cross launches gender-inclusive application

Thursday, January 18th, 12:13PM

Southern Cross is giving customers more options when they are asked their biological sex and gender when applying for health insurance. MORE»

TMM Online
  

House prices pick up, but volumes low

Thursday, January 18th, 10:44AM

The latest REINZ numbers show that the housing market has turned the corner, but there is a lot of variation around the regions. MORE»

People and Events Sponsored by: 

New portfolio manager for Pie Funds

Thursday, January 18th, 11:34AM

Pie Funds has hired, with as focus on unlisted investments. MORE»

KiwiSaver   

Savers may be better off with govt fund: Treasury

Thursday, December 21st, 6:00AM  1 comment

Savers would be better off in a government-run KiwiSaver scheme, new data suggests. MORE»

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