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[The Wrap] Introducing the new type of financial adviser (Not)

One of the things which impacts on the standing of financial advisers is the dodgy people who pretend to be be advisers but work outside of the regulated market.

Friday, August 23rd, 6:43PM

This week we learnt from the New Zealand Herald there is a new class of adviser. Apparently there is now an Unauthorised Financial Adviser to complement the mix of those who are already authorised and those who are registered.

The paper's handling of the conviction of ponzi scheme operator Stephen Robertson shows there is a lot of work to do to raise the public perception of financial advice and ...MORE»

Yield stocks sold off; Skellerup drops

Friday, August 23rd, 6:42PM

New Zealand shares fell as diminishing expectations for interest rates to go lower sapped the appeal of companies held for their dividends such as Meridian Energy and Chorus. Skellerup led the index lower after reporting a record profit.

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Fred Dodds acknowledged for his services to financial advisers

Friday, August 23rd, 3:39PM

Financial Advice New Zealand hands out awards to long-standing members.

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Financial Advice NZ adds members, focuses on getting voice heard

Financial Advice New Zealand is finding its feet and preparing to advocate harder for members in its second full year of operation.

Friday, August 23rd, 6:00AM  1 comment

Chaiman Sue Brown and chief executive Katrina Shanks addressed delegates at the association’s annual conference in Auckland on Thursday.

Brown said it had been an extremely busy first year for the association, setting up new systems and processes and working out what adviser members needed to support them in their businesses.

That was set against a backdrop of change, she said, in an industry ...MORE»

Anderson launches new fund options

Thursday, August 22nd, 5:00AM  1 comment

Kernel – a new digital investment provider wants to offer investors and advisers more choice.

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Harvesting Black Swans

Wednesday, August 21st, 7:00AM  3 comments

If you are worried that you are feeling a little too positive about the world, Nassim Taleb's book, The Black Swan, is a good way to bring you back down to earth.

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Hobson gets back onboard NZX platform

Saturday, August 24th, 11:20AM

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[GRTV] Why a four day week is good; Fears about markets

Monday, August 19th, 6:16AM

Perpetual Guardian founder Andrew Barnes talks about why a four-day week is good for businesses and his fears markets are repeating the mistakes that lead to the last downturn. MORE»

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nib NZ has risk and culture review on the radar

Wednesday, August 21st, 6:20AM

Health insurer nib Holdings will review its risk and culture in New Zealand as trans-Tasman financial services come to grips with the regulatory crackdown on the sector. MORE»

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Kiwibank's annual profit eases as fee income drops

Friday, August 23rd, 1:12PM

Kiwibank’s annual net profit fell $7 million, reflecting both lower fee income and one-off gains in the previous year. MORE»

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Wealthpoint makes appointments

Sunday, August 18th, 7:54PM

New adviser group Wealthpoint is expanding with additions to its team. MORE»

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KiwiSaver providers question loss-making assumptions

Tuesday, August 20th, 6:00AM  3 comments

KiwiSaver providers are raising questions about a series of prescribed assumptions they will have to use to show clients' KiwiSaver balance projections – including that defensive funds will lose money in real terms each year. MORE»

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