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Clear Filter
April 2005
20 Apr 2005
Weighing up Property and Shares
20 Apr 2005
ING issues formal notice of takeover for Urbus
20 Apr 2005
Median price rises for region's homes
20 Apr 2005
Macquarie Goodman Property Trust buys $30m Auckland property
20 Apr 2005
Property preferred as shares slump
20 Apr 2005
Taupo residents brace for rates increase
20 Apr 2005
Owner expects support for demolition
20 Apr 2005
Council pays its part in ruling on leaky buildings
20 Apr 2005
Number of houses finding buyers at auction slumps
20 Apr 2005
Green light on retirement scheme
20 Apr 2005
Madayag to develop Jean Batten area design framework
20 Apr 2005
Developers propose 'maritime village'
20 Apr 2005
Kiwi bach now a dream as prices double
20 Apr 2005
Hefty rises loom
20 Apr 2005
Rich pickings for money firms
20 Apr 2005
Tired office park gets new lease on life
20 Apr 2005
Sales start for $40m plan
20 Apr 2005
Top of the South ‘housing stress’study
20 Apr 2005
House prices ignore predictions to rocket forward
20 Apr 2005
Prices start to fall off in city, Central
20 Apr 2005
Southern properties attract hot prices
20 Apr 2005
Boutique hotel to be built on Bay Hill
20 Apr 2005
Region leads property slowdown
20 Apr 2005
$823,000 for beach section
20 Apr 2005
ING gets NZ Funds man
19 Apr 2005
AMP Capital's results underscore slowdown
19 Apr 2005
HSBC continues to lose mortgage market share
19 Apr 2005
AIA roadshow
19 Apr 2005
AIA roadshow
18 Apr 2005
AIA roadshow
18 Apr 2005
AIA roadshow
18 Apr 2005
AIA roadshow
18 Apr 2005
AIA roadshow
18 Apr 2005
Pioneer increase upfront broker commissions
18 Apr 2005
Survey shows investor optimism at record level
15 Apr 2005
Brokers v banks
15 Apr 2005
Brokers unhappy with National Bank
15 Apr 2005
Form of capital gains tax being considered
14 Apr 2005
Marianna Chik joins AIA
14 Apr 2005
Women in Super / ASFONZ seminar
14 Apr 2005
More concerns about new bill
13 Apr 2005
National Bank to cut trail commissions
13 Apr 2005
Rotorua Property Investors Association Public Meeting
13 Apr 2005
Stobo to chair AMP Office Trust
13 Apr 2005
Coming soon: The start of the next tech boom
12 Apr 2005
Tower appoints new head of general insurance and direct
12 Apr 2005
Bank Direct raises two-year rate
12 Apr 2005
Sovereign launches stripped down health insurance cover
12 Apr 2005
Peters’ promises ruinously expensive
12 Apr 2005
Sovereign replaces old funds
11 Apr 2005
Adviserlink Business Financial Services
11 Apr 2005
Adviserlink Practice Management
11 Apr 2005
St Laurence Property & Finance Ltd roadshow
11 Apr 2005
St Laurence Property & Finance Ltd roadshow
11 Apr 2005
House price inflation eases but stays in double digits
11 Apr 2005
Keeping the piggy bank in good shape
11 Apr 2005
Growth in property prices slows
11 Apr 2005
Bill to ensure property rights to be debated
11 Apr 2005
Aussie firm shopping for NZ property
11 Apr 2005
Mortgage top-ups a deceptive debt
11 Apr 2005
Dormant investors return
11 Apr 2005
Property problems: When tenant converts office into bedrooms
11 Apr 2005
Deal not over until money’s in hand
11 Apr 2005
Property scams draw warning
11 Apr 2005
Housing prices feel the chill as boom slows
11 Apr 2005
Parties may fix QLDC rental row
11 Apr 2005
Taranaki property prices keep it up
11 Apr 2005
$1m state house rented for $75
11 Apr 2005
Tax-free property deals ure Australians to NZ
11 Apr 2005
Feisty city blows away the experts
11 Apr 2005
Building law 'ludicrous'
11 Apr 2005
Fight for Far North 'jewel'
11 Apr 2005
New 'city' in Albany delayed by paperwork
11 Apr 2005
Property fraud accused jailed for breaching bail conditions
11 Apr 2005
Loan Sharks - Beware
11 Apr 2005
Urban design panel is a growth industry
11 Apr 2005
The end of the golden weather?
11 Apr 2005
News Round Up
11 Apr 2005
Residential property market continues slowdown
08 Apr 2005
Mortgage brokers want seperate regulation
08 Apr 2005
Time to rethink asset allocation: Leckie
07 Apr 2005
Perpetual Adviser briefings
07 Apr 2005
Opportunity for a lifetime - ISI support research
07 Apr 2005
ING launches new adviser network
06 Apr 2005
Salvation Army says yes to savings proposal
06 Apr 2005
Adviserlink Fundamentals of Personal Risk Management
06 Apr 2005
Perpetual Adviser briefings
06 Apr 2005
UF backs NZ Institute savings scheme
06 Apr 2005
Cullen on NZ Institute report
06 Apr 2005
NZ Institute puts forward radical savings plan
06 Apr 2005
NZ Institute puts forward radical savings plan
05 Apr 2005
Perpetual Adviser briefings
05 Apr 2005
Small bank takes on large ones for big loans
05 Apr 2005
AXA appoints new wealth management boss
04 Apr 2005
Market Review: The end of the golden weather?
04 Apr 2005
Adviserlink Business Financial Services
04 Apr 2005
Adviserlink Fundamentals of Investments
04 Apr 2005
Slashing your debts
04 Apr 2005
Gearing not Always a Plus
04 Apr 2005
Shore rents take tumble
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Latest News
Advice adds at least 5% a year, but clients can’t see most of it
4 min read
Adviser use of ETFs likely to continue to grow, Smart says
2 min read
FMA outlines its latest expectations for advisers
6 min read
[Weekly Wrap] KiwiSaver in play; but outcome unclear
2 min read
Latest Comments
FMA outlines its latest expectations for advisers
Paul Flood: The danger is that the 'goalposts' (regarding what is acceptable or unacceptable adviser conduct) may be susceptible to change. Our 'Principles based' legal/regulatory environment lends itself to “prevalence-induced concept change” over time, perhaps not so much in the written laws and Code, as in the interpretation of the prescribed principles.
2 days ago Steve Wright
FMA outlines its latest expectations for advisers
Just a tip, if you use more than six, six letter words in a sentence you lose most Kiwi's. So avoid client/adviser confusion when writing your post or article if you would like it read and understood. Ironically, my last sentence was not likely read.
2 days ago Backstage
FMA outlines its latest expectations for advisers
All things said are great aspirational goals for a great financial advice industry, it mirrors what both the legislation and the code requires. However, like most things discussed it talks about what's expected not how it's done. The hardest aspect of financial advice today isn't what it is, it is how it is done. The how only comes from those that have done it, the how is only provided with examples. Guidance documents that spell out what's required along side how it it done. We’re still dealing with the same issues we started with in 2021, figuring out the how. And figuring out the how in every advice business is consuming resources that could easily be shortcut by the FMA demonstrating what they are expecting. It's not about “do it this way” its about this is the sorts of things we’re looking for. In the absence of standards and expectations, guesswork prevails. That represents significant risk to FAPs and the result is onerous overcooked advice processes for multiple advice operations and undercooked she’ll be right for single operators focused on getting the work done. Both approaches have potential for harm and as its been said earlier, leaves advisers open to explain they haven't been speeding with the authorities have pulled them over. The advice industry needs guidance on the how we know the what already.
4 days ago Jon-Paul Hale
Who is responsible for notifying policy changes?
Sticking an oar in, while we have “service” requirements the expectation that an adviser is responsible for discussing said change is relying heavily on assumption. 1. That the client hasn't moved and contact details haven't been updated. It happens more often than many think. 2. It assumes there is a servicing agreement in place to provide service. Remember the requirement is to scope service not provide it. A client deciding to have ad-hoc service on their request is a legally valid position to have. 3. If there is a service agreement that's realistic to what is expected, how long does the adviser push the issue to have the discussion before moving on with everything else they have to do? Again, a point that is not clear in the guidance to date. The challenge of the present rules is the adviser is responsible for ensuring the client understands the advice provided. How do you ensure you're covering this if a client doesn't engage despite genuine attempts to manage it? There's still a lot of “what if’s” in this whole are we’re only going to have clarity on once someone is taken to task about it. But first we need to have clarity on what ongoing service actually is, because right now demonstrated by the direct providers a letter once per year with a please call if you want to discuss is the current minimum…
4 days ago Jon-Paul Hale
FMA outlines its latest expectations for advisers
To correct errors in my previous post: "policies, templates, and controls" should read "policies, processes, systems and controls", and "is more conductive" should read "is more conducive".
4 days ago Paul Flood