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Clear Filter
April 2005
04 Apr 2005
Grey area for Blue Chip investments
04 Apr 2005
British house prices fall as election nears
04 Apr 2005
From strawberry fields to Massey mega-centre
04 Apr 2005
'Second wind' sees house building consents up 4pc
04 Apr 2005
Study: Region's economy pumping
04 Apr 2005
Insurance council warns on winter flooding
04 Apr 2005
Changes to Building Act draw criticism
04 Apr 2005
48-level tower on way up
04 Apr 2005
Angry owners seek court date
04 Apr 2005
Private beach may attract foreign buyers
04 Apr 2005
Beachfront Gisborne property sells for $1.7m
04 Apr 2005
News Round Up
01 Apr 2005
Economist sticks to his house price fall forecast
01 Apr 2005
Key themes to emerge from taskforce
March 2005
31 Mar 2005
Anderson leaves FundSource
31 Mar 2005
BDM for Tower Employee Benefits
31 Mar 2005
S&P lowers AIA's rating
31 Mar 2005
Rethinking investment strategies
30 Mar 2005
Two banks battle it out
29 Mar 2005
Kiwibank sneaks into home loan war game
29 Mar 2005
Hanover Group appoints merchant banker to board
29 Mar 2005
Rents falling throughout many Auckland suburbs
29 Mar 2005
Car dumping 'not uncommon'
29 Mar 2005
Dispute hinders development
29 Mar 2005
Urbus Properties revalues portfolio by $17 million
29 Mar 2005
Blue Chip plans share sale
29 Mar 2005
News Round Up
28 Mar 2005
Financial planners - the chosen ones
28 Mar 2005
Foreign cash buys a piece of home
28 Mar 2005
Forget the treadmill and enjoy nest egg
28 Mar 2005
Property problems: When to pay GST on your property purchase
28 Mar 2005
United exceeds 100%
28 Mar 2005
Leaky building law makes drips of ratepayers
28 Mar 2005
Don't buy - house prices set to fall, banks warn
28 Mar 2005
Wanaka housing rallies agent
28 Mar 2005
Affordable housing misses out in forward planning
28 Mar 2005
Townhouse owners fight for justice
28 Mar 2005
Warning for 'mum and dad' investors
24 Mar 2005
St Laurence appoints managed funds CEO
24 Mar 2005
United exceeds 100%
23 Mar 2005
Super fund goes alternative
23 Mar 2005
Super fund goes alternative
23 Mar 2005
Super Fund changes asset allocation
23 Mar 2005
Two new superannuation books
23 Mar 2005
More diversification needed
22 Mar 2005
New laws for borrowers and lenders
22 Mar 2005
Go Forex
22 Mar 2005
Taskforce heads to Australia
21 Mar 2005
FundSource launches finance company research
21 Mar 2005
Adviserlink Business Financial Services
21 Mar 2005
Home loan rates keep rising
21 Mar 2005
From wraps to wealth
21 Mar 2005
News Round Up
20 Mar 2005
Apartment savvy
20 Mar 2005
Settlor is the thrust of a trust
20 Mar 2005
Diana Clement: Tax tips and tricks galore
20 Mar 2005
The agony of the new-home owners
20 Mar 2005
Council swamped by leaky buildings
20 Mar 2005
The price of victory
20 Mar 2005
Leaky building trouble goes upmarket
20 Mar 2005
In a flap about money
20 Mar 2005
Rocketing demand in south
20 Mar 2005
Plea for help over those impulse buys
20 Mar 2005
Investors caught between rent and mortgage
20 Mar 2005
Landlords fume over school plan
20 Mar 2005
Rental Gains not all they Seem
20 Mar 2005
Diana Clement: It takes a bit of cheek ...
20 Mar 2005
Investing your student loan
20 Mar 2005
House sales defy downturn talk
20 Mar 2005
Rents up as public sector expands
20 Mar 2005
Kiwibank's In Reach pilot likely to fall short of target
20 Mar 2005
Interest rates not dampening construction
20 Mar 2005
List pushes rates up 8.8pc
20 Mar 2005
Residents happy with quality of life
20 Mar 2005
Average household net worth up $60,000
20 Mar 2005
Beachfront apartments get green light
20 Mar 2005
300 sections sold in project
20 Mar 2005
Mayor Hubbard serious on city design
20 Mar 2005
Heading for the hills
20 Mar 2005
The dark side of the city's burgeoning apartment business
20 Mar 2005
Landlords want police help in making tenants pay up
20 Mar 2005
Oakura home sells for $1.35m
20 Mar 2005
Bill tightens foreign land sale rules
20 Mar 2005
Section goes from $20 to $6200 in 10 months
19 Mar 2005
ING Adviser Conference
18 Mar 2005
FundSource conference
18 Mar 2005
8th Asia Pacific Life Insurance Congress
18 Mar 2005
More appointments at Trustees Executors
18 Mar 2005
New securities bill under fire
17 Mar 2005
CFA Society of New Zealand
17 Mar 2005
Women in Super seminar
17 Mar 2005
Macquarie Fortress Notes briefing
17 Mar 2005
Macquarie Fortress Notes briefing
17 Mar 2005
Tax changes have to fit with other policies
17 Mar 2005
Kiwibank's In Reach pilot likely to fall short of target
17 Mar 2005
Tax changes have to fit with other policies
16 Mar 2005
Adviserlink Fundamentals of Personal Risk Management
16 Mar 2005
CFA Society of New Zealand
16 Mar 2005
Macquarie Fortress Notes briefing
16 Mar 2005
Macquarie Fortress Notes briefing
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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".
5 days ago Paul Flood