Archive - 2017
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
March 2017
02 Mar 2017 FSCL: New rules could help non-disclosure problems
02 Mar 2017 Harbour named top manager - again
01 Mar 2017 S&P, Moodys downgrade Kiwibank’s rating
01 Mar 2017 NZ 'played part in AIA result'
01 Mar 2017 Sub 4% home loan for owner occupiers
01 Mar 2017 Slow down in investor lending quantified
01 Mar 2017 Demand for big city property falls
01 Mar 2017 Fisher Funds appoints new CEO
01 Mar 2017 Westpac hikes floating rates
01 Mar 2017 Values drop in former hotspots
01 Mar 2017 Work starts on Financial Advice NZ plan
01 Mar 2017 Consumers told to expect clarity on commissions
February 2017
28 Feb 2017 'Old-school brokers' an opportunity for LifeDirect: Trade Me
28 Feb 2017 Don’t take no for an answer
28 Feb 2017 BNZ increases floating rates
28 Feb 2017 Big changes for some RFAs
27 Feb 2017 Asteron rating affirmed
27 Feb 2017 Decline in investor lending continues
27 Feb 2017 Buffett: Only handful of managers can really outperform
27 Feb 2017 Migration smashes through records
27 Feb 2017 SBS rings in rate changes
27 Feb 2017 Advisers told: Avoid conflicts with any other person
27 Feb 2017 Capital suffering office space shortage
24 Feb 2017 Pinning down finance
24 Feb 2017 Decline in foreign buyers - LINZ
24 Feb 2017 Time for fundamental allocation rethink
23 Feb 2017 Correction on the cards?
23 Feb 2017 Moving forward on meth contamination
23 Feb 2017 Sales versus advice distinction 'lost'
22 Feb 2017 FMA asks for client files
22 Feb 2017 Wild ride over for Auckland
22 Feb 2017 Private Wealth Advisers adds to team
22 Feb 2017 Pie Funds relaunches global fund
21 Feb 2017 Fears over building industry capacity
21 Feb 2017 One case in 10 related to advisers: FMA
21 Feb 2017 Gaynor: Role change part of succession plan
21 Feb 2017 KiwiSaver popularity brings attention to 'second-order' problems
20 Feb 2017 nib boosts profit
20 Feb 2017 Outlook for house prices
20 Feb 2017 Price growth expectations slump
20 Feb 2017 No more agents but not everyone impressed
20 Feb 2017 Profits down for Kiwibank
19 Feb 2017 Three property trading rules you must know
18 Feb 2017 Top 20 Super City hotspots
17 Feb 2017 MJW makes statements available
17 Feb 2017 Financial Advisers Act changes released
17 Feb 2017 Partners rejoins FSC
17 Feb 2017 Deals for investors and owner occupiers
17 Feb 2017 Ultra-conservative advice approach may harm junior boards
17 Feb 2017 The Gen Y approach to investing
16 Feb 2017 Changes at top of ASB
16 Feb 2017 Gaynor steps aside at Milford
16 Feb 2017 Sovereign: Don't wait for law to change
16 Feb 2017 IFA/PAA conference registrations open
16 Feb 2017 Looking beyond the Airbnb glitter
16 Feb 2017 Synergy takes pension transfers
16 Feb 2017 RESIMAC offers investors discounted rates
16 Feb 2017 Insurers ponder cover for retirees
16 Feb 2017 Banks split on demand for personalised advice
16 Feb 2017 Volatility leads to tighter lending environment
16 Feb 2017 Fraud charges for development project
15 Feb 2017 ASB pulls pricing lever on home loans
15 Feb 2017 ASB happy with Aegis
15 Feb 2017 Regional stars' sales plummet: TSB raises rates
15 Feb 2017 Regional stars' sales plummet
15 Feb 2017 'Sales and advice' one of FMA's risk priorities
14 Feb 2017 Urban Development Authorities on the way
14 Feb 2017 First thoughts on a new adviser association
14 Feb 2017 Slow growth for Auckland rents – B&T
14 Feb 2017 NZX platform gains momentum
14 Feb 2017 A few little changes today: House prices fall further
14 Feb 2017 Lack of awareness on AML
14 Feb 2017 Fund manager finalists revealed
14 Feb 2017 More Kiwis take out health insurance
14 Feb 2017 Super City's prices drop further
13 Feb 2017 Is that really advice?
13 Feb 2017 Court rules against Unitary Plan zoning appeals
13 Feb 2017 Supply just one market driver
13 Feb 2017 ANZ reverses trend
13 Feb 2017 Retirement Income Group gets former finance minister on its board
13 Feb 2017 Financial Advice feedback 'vast'
13 Feb 2017 Australian fund manager opens doors to NZ
11 Feb 2017 More clarification needed on tenant damage
10 Feb 2017 Banks to clamp down on cashbacks
10 Feb 2017 Tenant damage ruling overturned
10 Feb 2017 Debt-to-income ratios on hold...for now
10 Feb 2017 Top 30 suburbs with undervalued houses
10 Feb 2017 IRD signals GST-free fees
10 Feb 2017 Sovereign launches loyalty programme
10 Feb 2017 Banks of the future may offer customers less choice
09 Feb 2017 Suncorp hails life brands' growth
09 Feb 2017 Quotemonster moves to the cloud
09 Feb 2017 DTIs not needed right now - RBNZ
09 Feb 2017 Falling consent woes
09 Feb 2017 Sovereign appoints distribution boss
09 Feb 2017 AMP boosts profit, promises evolution
09 Feb 2017 OCR hike expectations premature
09 Feb 2017 Reserve Bank makes its first big OCR announcement of the year
09 Feb 2017 What the RB governor said
09 Feb 2017 Consider pre- and post-retirement advice
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.
6 days 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