Archive - 2018
Year:
2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Filter:
Clear Filter
June 2018
15 Jun 2018 Finance company survivor profits
15 Jun 2018 Guilty verdict for mortgage fraud trio
15 Jun 2018 Adviser hits out at commission disclosure proposals
15 Jun 2018 Broader disclosure needed for VIOs: SiFA
15 Jun 2018 Adviser hits out at commission disclosure proposals
14 Jun 2018 Asteron appoints Frecklington replacement
14 Jun 2018 ASB cuts and moves up the table; Kepa has new CEO
14 Jun 2018 Auckland market fall continues
14 Jun 2018 Kepa appoints chief executive
14 Jun 2018 McLachlan: Pie move 'mildly interesting'
13 Jun 2018 Housing affordability down in major cities
13 Jun 2018 Developers keen on KiwiBuild tender
13 Jun 2018 KiwiSaver must change, providers say
13 Jun 2018 Advisers welcome more detailed projections
12 Jun 2018 Advisers inundate CWG with submissions
12 Jun 2018 Auckland supply drive at risk
12 Jun 2018 Working group considers 161 submissions
12 Jun 2018 Solving Japan’s financial problems…and creating some for New Zealand
11 Jun 2018 KiwiSaver boosts first home market: ANZ
11 Jun 2018 Getting to grips with leases
11 Jun 2018 Partners Life unfazed by Mosaic loss
11 Jun 2018 Kiwibank moves rates; Others adjust servicing levels
11 Jun 2018 Questions of Conduct: when does good conduct become financial advice?
11 Jun 2018 PAA gets 'yes' vote, takes next step to wind-up
08 Jun 2018 ASB, Westpac tweak servicing tests
08 Jun 2018 Medical records no silver bullet for disclosure
08 Jun 2018 New Housing “super” Ministry coming
08 Jun 2018 DTIs will be looked at again
08 Jun 2018 KiwiSaver incentives 'don't help those who need it most'
08 Jun 2018 Higher meth test levels for REA
07 Jun 2018 Next phase of RBNZ review likely to assess DTIs
07 Jun 2018 Pie Funds cuts performance fees
07 Jun 2018 PM Capital poaches Platinum portfolio man
07 Jun 2018 Overseas buyer rise due to proposed ban
07 Jun 2018 Tackling meth uncertainty
07 Jun 2018 Why private health insurance is an investment, not a cost
07 Jun 2018 Fidelity Life: Advisers told us products must improve
07 Jun 2018 NZCU Baywide widens lending criteria
07 Jun 2018 NZCU Baywide to offer 95% mortgages
07 Jun 2018 Southern market values star
07 Jun 2018 Consultation fatigue hits advisers
06 Jun 2018 Trustees Executors makes key appointments
06 Jun 2018 Changes for RFAs nothing to worry about
06 Jun 2018 New build financing gap boosts Southern Cross
06 Jun 2018 Signs of life in sales rise
06 Jun 2018 HSBC launches 5th sub 4% home loan offer
06 Jun 2018 HSBC does it again
06 Jun 2018 Is more better, or just confusing?
06 Jun 2018 Vertical integration: Financial advice sector's weak link?
05 Jun 2018 Read joins adviser group
05 Jun 2018 Italy: A bigger threat than Brexit?
05 Jun 2018 Young investor success stories
05 Jun 2018 Simplicity drops investments
05 Jun 2018 PAA rules out legal funds for opposing members
01 Jun 2018 Spotlight on non-bank fees
01 Jun 2018 Supply pressure building
01 Jun 2018 Booster seeds new global bond fund
01 Jun 2018 Watch out for 'green-washing'
May 2018
31 May 2018 New name and look for JMIS
31 May 2018 Proceed with caution on meth
31 May 2018 Update on LVR restrictions; Commission not needed
31 May 2018 Disclose cost of advice, not commission: Financial Advice NZ
30 May 2018 Regulators: no "evidence" to warrant NZ banking commission
30 May 2018 Townhouse consents surge
30 May 2018 ANZ sells OnePath
30 May 2018 LVR easing not on cards
30 May 2018 Ministers meet regulators as banks, insurers asked for information
30 May 2018 PAA attempts holiday homes vote 2.0
29 May 2018 SBS grows lending book, but with less aggression
29 May 2018 Meth relief for landlords
29 May 2018 Rock steady performer
29 May 2018 General Finance to join stock market
29 May 2018 Associations hang back from Financial Advice NZ
28 May 2018 Bleak investor predictions premature
28 May 2018 Property Institute questions government housing policy
28 May 2018 Asbestos duties clarified
28 May 2018 Advisers 'should be next for regulator check'
25 May 2018 Investor mortgages creeping up
25 May 2018 Conservative attitude a bigger problem than fees: McLachlan
24 May 2018 Latest RBNZ figures reveal first time buyer boom
24 May 2018 Insurers next for regulatory scrutiny
24 May 2018 Royal Commission triggers letter to insurers from FMA and RBNZ
24 May 2018 Getting landlord cover right
24 May 2018 Dodds: Regulators 'attack on integrity'
23 May 2018 Jail for dodgy property consultant
23 May 2018 Regulate property managers - REINZ
23 May 2018 Daintree launches NZD option
23 May 2018 Minister 'encourages' providers to change soft commission structures
22 May 2018 Northland adviser launches next-gen chatbot
22 May 2018 Airbnb profits for landlord not tenant
22 May 2018 Law reform process asks: Are commissions bad?
22 May 2018 Soft rebound for price optimism
22 May 2018 Advisers follow Slater to new EDR
21 May 2018 Cressida Capital appoints new BDM
21 May 2018 Regional rents soar
21 May 2018 Migration hits two year low
21 May 2018 Kiwi Wealth launches wholesale offer
21 May 2018 Health insurance gets boost from workplace schemes
21 May 2018 Pinning down value
21 May 2018 Regional rents soar
Latest News
Can AI pick the best KiwiSaver provider?
Can AI pick the best KiwiSaver provider?
4 min read
[Weekly Wrap] What we know, and don't know, about Labour's retirement policies. Plus a potential surprise
[Weekly Wrap] What we know, and don't know, about Labour's retirement policies. Plus a potential surprise
2 min read
NZX aims for 5% of KiwiSaver market in three-to-five years
NZX aims for 5% of KiwiSaver market in three-to-five years
3 min read
Trust in AI’s decision making not keeping pace with adoption
Trust in AI’s decision making not keeping pace with adoption
3 min read
Latest Comments
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
1 week ago Raymond Yang
Who is responsible for notifying policy changes?
There is no doubt the obligation is on the insurer who the contract is with. Clearly it would be prudent for an adviser to assist once given clear information by an insurer to assist with the communication but to extend this further. For an insurer to attempt to slide this onto an advisers plate is abdication. The adviser can not change the contract.
1 week ago Darryl Scott
FMA CEO on leave
At the risk of sounding like a broken record, the fundamental flaw in the legislation came about partly through the event that Murray mentions, and also through the negligence of the Select Committee in ignoring the single most cited recommendation in all the submissions (over 34% from memory) of drawing a distinction between product sales and financial advice. To add to their misdemeanour, the Committee then added a paragraph to the Bill confirming that recommendation of one product only constituted financial advice - or words to that effect. The inherent conflict of interest lies in an individual retained by a Class 4 licensee being required to adhere to a code of conduct that requires prioritisation of client interests. To expect a product sales person to subordinate their contractual obligation to their employer is unrealistic, unworkable, and unreasonable. To emphasise, I have no issue with a product provider marketing and selling their own products - but not behind the opaque veil of legislation intended to govern financial advice. If MBIE ever gets around to review FSLAA, Financial Advisers, FANZ, and all other interested stakeholders should mount a fully-funded intensive campaign to persuade our employees in Wellington to remove class 4 licensees from FSLAA, and replace their obligations within an amended CoFI Act.
2 weeks ago David Whyte
FMA CEO on leave
@Murray: The reps seemed to be acting on their personal interests rather than the interests of advisers. Conflict of interest, isn't it?
2 weeks ago w k
KiwiSaver funds shake off Middle East tension
In this recent presentation of mine https://www.knowrisk.co.nz I show that the average Balanced KiwiSaver fund has added approximately +0.43% over and above the gross average policy Benchmark's return's. However, the averge annual costs of -0.97% for Balanced funds have eroded that to be slighly below BMK after costs consistent with typical SPIVA studies. Note this cost number is for the 45 Balanced Funds used only - for all KiwiSaver Funds it is closer to -0.70% p.a. The presentation goes on to show that quite a bit of return is being left on the table by the one size fits all view of risk.
2 weeks ago P Urbani