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Last Article Uploaded: Tuesday, August 3rd, 12:18PM

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Companies office deregisters 458 FSPs

Predictions of a mass exodus of advisers from the financial advice industry have not transpired, according to the latest statistics from the Companies Office.

Tuesday, August 3rd, 6:21AM

As of July 29, there are 9236 financial service providers (FSPs) registered as financial advisers (FAs) on the Financial Service Providers Register (FSPR).

This number is down 80 from March 15, 2020, but up 58 from March 15, 2121.

FSPs on the FSPR:

- FSPs registered as financial advisers on the FSPR as at 15/03/20: 9316

- FSPs registered as financial advisers on the FSPR as at 15/03/21: 9178

- ...MORE»

Big growth stocks lead NZ shares higher

Monday, August 2nd, 6:56PM

The NZX’s biggest growth stocks moved higher on Monday despite there being little news to propel the stocks.

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Once in a lifetime business - Take two

Sunday, August 1st, 7:10AM  4 comments

Ralph Stewart’s Lifetime Income Group has found an effective way to continue to provide income for life without a guarantee or the need for regulatory capital.

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Fisher Funds donates $500k to mental health charities

Investment management firm Fisher Funds has donated half a million dollars to two New Zealand charities to help combat the rise in mental health problems among young people.

Friday, July 30th, 6:33AM  1 comment

Fisher Funds chief executive Bruce McLachlan says the firm has donated the money to Mike King's I Am Hope charity and to Youthline to help both charities reach more of the nation's vulnerable youth.

"We’ve had a successful year at Fisher Funds, and are in the fortunate position to be able to give back to New Zealand and support some of the Kiwis most in need," McLachlan says ...MORE»

FMA pings adviser for unauthorised advice

Wednesday, July 28th, 11:05AM  15 comments

Financial services firm FoxPlan has been publically censured by the FMA after five of its representatives were found to be offering services they were not permitted to give.

MORE»

PI scheme cover extended due to IT issues

Wednesday, July 28th, 6:00AM

Financial Advice New Zealand liability programme members will have their insurance liability extended for another month due to problems with IT systems and online premium quotations.

MORE»

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FMA releases cyber-safety fact sheet

Thursday, July 29th, 10:51AM

The Financial Markets Authority (FMA) has published an information sheet containing principles and resources to help licensed financial advice providers develop their cyber resilience. MORE»

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[GRTV] Time for a new code for managers

Saturday, July 24th, 6:51AM

New Zealand needs a stewardship code that would require institutional investors to be transparent about their investment processes, engage with investee companies and vote at shareholders’ meetings. MORE»

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Inflation; transitory traveller or a more permanent fixture

Friday, July 30th, 9:42AM

In this article we contribute to the on-going discussion of is inflation coming or not. MORE»

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$10k scholarship for insurance professionals opens

Tuesday, August 3rd, 12:12PM

Submissions are now open for a scholarship designed to support the professional growth and development of insurance industry practitioners in New Zealand. MORE»

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Reserve Bank gets serious about 'risky lending'

Tuesday, August 3rd, 11:11AM

The Reserve Bank of New Zealand is looking at ways to tighten up mortgage lending standards in another effort to slow down a rampant housing market. MORE»

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Changes at T Rowe Price

Saturday, July 31st, 9:13AM

New leadership to take over at T. Rowe Price. MORE»

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Kiwis concerned about retirement savings

Wednesday, July 28th, 1:09PM

More than 60% of New Zealanders are worried they will not have enough money to support themselves in their retirement, a new KiwiSaver study shows. MORE»

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