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NZ's Financial Adviser News Centre

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Last Article Uploaded: Monday, May 25th, 9:15AM


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Warning association numbers could fall

Financial Advice New Zealand numbers have lifted during the lockdown – but there’s a warning that there might be a slump ahead.

Monday, May 25th, 5:43AM

Chief executive Katrina Shanks said there had been 20 new applications for membership in the past month.

Normally, a typical month would include both new applicants and advisers retiring, the numbers of which would even each other out. But there had not been those retirements in recent weeks.

There is now a total of 1,655 Financial Advice NZ members.

In April last year, it had 1,680.

At the time ...MORE»

China's lack of growth targets weighs NZ market down

Friday, May 22nd, 6:25PM

New Zealand shares fell as China didn't set a target for gross domestic product growth, spurring concern about the global economic recovery.


Will corporates embrace remote working?

Friday, May 22nd, 6:31AM

Will the success of corporate employees working from home during lockdown lead to a permanent shift to workers being home-based? 


Winners and losers of FMA levy hike

The financial services industry must cough up more cash for its watchdog because the government is cutting the amount it funds the Financial Markets Authority to 17 percent of its total budget by 2023.

Thursday, May 21st, 7:33AM  3 comments

The government currently pays 25 percent of the Financial Markets Authority’s $36 million operational budget with the rest funded through industry levies.

The big banks and insurers – which are undergoing major regulator scrutiny at present following fallout from the Australian Financial Services Royal Commission, will shoulder the bulk of the increase.

The country’s biggest four ...MORE»

Financial advice commissions not under threat: Faafoi

Wednesday, May 20th, 6:23AM  4 comments

Commerce Minister Kris Faafoi has acknowledged concern at how the Conduct of Financial Institutions Bill (CoFI) will interact with the new financial advice regime – but says he thinks the advice regime is the most appropriate way to regulate financial advice and advisers.


OUT NOW: ASSET May issue

Tuesday, May 19th, 10:00AM  1 comment

Here is some weekend reading for you; the latest issue of ASSET Magazine. Find out what's inside it here.


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Craigs forms strategic alliance with major investment bank

Wednesday, May 20th, 1:05PM

Craigs Investment Partners have formed a strategic alliance with one of the best known names in investment banking. MORE»

GoodReturns TV

[GRTV] Investment themes for this decade

Sunday, March 22nd, 10:00AM

AMP Capital managing director Bevan Graham talks about the topic of the momnet, corona virus, the big investment theme for this decade and the future of the business post the sale of AMP. MORE»

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Tapping into help with claims

Friday, May 22nd, 1:13PM

The Adviser Platform has launched a specialist Claims Committee to help advisers manage tricky claims. MORE»

TMM Online

Kiwibank smashes record with 2.65% home loan

Friday, May 22nd, 2:58PM

Mortgage rates continue to plummet to record-lows, with Kiwibank launching a one-year home loan at 2.65%. MORE»

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T Rowe Price makes Australasian appointment

Monday, May 18th, 12:03PM

Global investment firm T Rowe Price has appointed a head of distribution for Australia and New Zealand. MORE»

KiwiSaver Sponsored by: 

Level the KiwiSaver default playing field

Friday, May 8th, 8:00AM

New Zealand deserves a level (default) playing field. MORE»

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