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FSLAB: Still changes to be made, associations argue

Financial adviser associations say there’s a risk the Financial Services Legislation Amendment Bill is a step back for professionalisation of the industry.

Monday, February 26th, 6:00AM  1 comment

Submissions to the Economic Development, Science and Innovation select committee, which is considering the bill, closed on Friday.

The Financial Advisers Act review process afforded stakeholders many opportunities to engage with those crafting FSLAB, which MBIE had indicated might expedite the passage of the new law.

But those with concerns were still encouraged to submit – and among them were Financial Advice NZ, the Stakeholders Engagement Group, which is made up of adviser bodies, and SiFA ...MORE»

Getting to Know: Tim Fairbrother

Friday, February 23rd, 10:30AM

Adviser believes luck often comes down to a lot of hard work.

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Disclosure rules will fit the situation: MBIE

Friday, February 23rd, 6:00AM

New disclosure rules for financial advisers will need to be flexible enough to work in a range of situations, the Ministry of Business, Innovation and Employment says.

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Lifetime, Camelot may join forces

Advice groups Camelot and Lifetime are in negotiations for a merger.

Thursday, February 22nd, 6:00AM

Advice groups Camelot and Lifetime are in negotiations for a merger.

Stakeholders have been told that discussions are under way but asked to keep the information confidential until final and legal documentation can be presented.

Camelot managing director Peter Cave said talks had been had with three or four groups but had not reached the point where an announcement could be made.

Lifetime chief executive Jon O’Connor said he was not in a position to make any statement ...MORE»

Financial Advice NZ CEO: Dodds vs Severn?

Wednesday, February 21st, 6:00AM  2 comments

Chief executives of both the Institute of Financial Advisers and the Professional Advisers Association are putting their hands up to lead Financial Advice New Zealand.

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FMA concerned at AFA disclosure

Tuesday, February 20th, 6:00AM

Regulators are concerned about authorised financial advisers' disclosure statements not complying with regulations.

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FundSource adds Oyster to its research menu

Monday, February 26th, 6:00AM

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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»

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Employment growth gets credit for insurance increase

Thursday, February 22nd, 6:00AM

The number of New Zealanders with health insurance rose 25,900 to 1.38 million last year. MORE»

TMM Online
  

Lending criteria to ease, rates to rise

Thursday, February 22nd, 12:24PM

Tight bank lending conditions are expected to ease as credit growth continues to slow, global ratings agency Standard & Poors says. MORE»

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Platinum rings changes

Monday, February 26th, 11:31AM

A new chief executive has been appointed for the Australian fund manager, MORE»

KiwiSaver   

'Information gap' harming KiwiSaver outcomes

Monday, February 26th, 6:00AM

KiwiSaver investors still lack the knowledge required to make good choices about the investments, ASB’s latest KiwiSaver survey shows. MORE»

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