GoodReturns
Archive - 2016
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
February 2016
25 Feb 2016 Downward trend for investor lending
25 Feb 2016 Scope for OCR cut - English
25 Feb 2016 Supply problem needs solution faster - English
25 Feb 2016 A test of inflation targeting credibility?
25 Feb 2016 Big falls in days to sell in regions
25 Feb 2016 Withdrawals increase
25 Feb 2016 More changes for overseas pension transfers
25 Feb 2016 No let-up in migration flow
25 Feb 2016 Intensification plans in disarray
24 Feb 2016 Harbour takes top award
24 Feb 2016 Homes selling faster in regions
24 Feb 2016 Record profits despite volatility
24 Feb 2016 NZX says 2015 focus on funds services paid off
24 Feb 2016 Lawyers argue exemptions should stay
24 Feb 2016 Volatility, regulation don’t hold back banks
23 Feb 2016 Insulation benefits might be exaggerated
23 Feb 2016 Adviser in court
23 Feb 2016 Threats linger for banks – S&P
23 Feb 2016 Good returns for BoP landlords
23 Feb 2016 Flat half-year for Kiwibank
23 Feb 2016 Submissions due today on code changes
23 Feb 2016 Sharemarket likely to be more resilient than global counterparts
23 Feb 2016 Property crackdown boosted by more IRD numbers
22 Feb 2016 Harmoney arrears increase
22 Feb 2016 Flat six months for Kiwibank
22 Feb 2016 Managers move away from alternatives
22 Feb 2016 nib to focus on growing group business
22 Feb 2016 Rent loss set to drop
22 Feb 2016 FMA: Conflict not a problem
22 Feb 2016 FSC and WSNZ told to grab opportunity
22 Feb 2016 Stepping into development
21 Feb 2016 AMP plans no premium increases this year
19 Feb 2016 Rate increase
19 Feb 2016 All clear for state house sales
19 Feb 2016 Partners quits HFANZ
19 Feb 2016 Entity licensing could be detrimental to insurance advice
19 Feb 2016 Lack of disciplinary action shows advisers performing
18 Feb 2016 Tenancy debt level to improve
18 Feb 2016 Zoning debate forces Council meeting
18 Feb 2016 Call to beef up proposed rental standards
18 Feb 2016 AMP lifts profit as cashflows soar more than 60%
18 Feb 2016 Lifestyle matters for banks
18 Feb 2016 More than just ability to pay matters
18 Feb 2016 Proposed code changes welcomed
18 Feb 2016 FMA offers advisers tools
18 Feb 2016 How low can interest rates go?
17 Feb 2016 HSBC offers lowest home loan rate in over 50 years
17 Feb 2016 Inflation expectations fall sharply
17 Feb 2016 Property Council slams SuperCity councillors
17 Feb 2016 AML compliance improves, despite three warnings
17 Feb 2016 Single association would have more clout: Dodds
17 Feb 2016 Returns reality different to perception
16 Feb 2016 Politicking bad for supply shortage
16 Feb 2016 ASB drops low-equity fee
16 Feb 2016 The advice gap
16 Feb 2016 Slow growth expected
16 Feb 2016 Dropping rates should boost slow growth
16 Feb 2016 Industry ponders role of FSC
15 Feb 2016 AML obligations missed
15 Feb 2016 FSC boss quits
15 Feb 2016 Auckland market hotspots
15 Feb 2016 Lower mortgage rates expected
15 Feb 2016 Struggle street to property baron
15 Feb 2016 Don't give professional bodies regulatory role: Committee
15 Feb 2016 Expect lower mortgage rates in six months: Stephens
12 Feb 2016 Battle lines drawn over Unitary Plan
12 Feb 2016 Squirrel looks for lots of nuts
12 Feb 2016 Harmoney signals need to change fees
12 Feb 2016 Peer cover a hard sell but new product planned
12 Feb 2016 Time to tackle issue of advice for less wealthy
11 Feb 2016 Tight listings compound slowdown
11 Feb 2016 Bolton looks to squirrel away investors' money
11 Feb 2016 Apartment market hits a plateau
11 Feb 2016 Record profit for ASB
11 Feb 2016 Forum attendees agree changes needed
10 Feb 2016 Payouts top $1.1 billion again
10 Feb 2016 ASB regains market share and sticks with commission model
10 Feb 2016 Intensification debate heats up
10 Feb 2016 ASB reports record half
10 Feb 2016 Tax could stifle housing development
10 Feb 2016 MBIE rates financial advice as a career
09 Feb 2016 Mint adds analyst to its team
09 Feb 2016 P2P investors told to get tax advice
09 Feb 2016 Milford passes $500m mark in KiwiSaver
09 Feb 2016 Decrease in Auckland values
09 Feb 2016 SBS cuts to remain competitive
09 Feb 2016 Should fund managers invest in their own funds?
09 Feb 2016 Banks cut cash PIEs to half OCR
09 Feb 2016 Banks cut cash PIEs to half OCR
09 Feb 2016 Sovereign holds on to market top spot
08 Feb 2016 ANZ changes platform
08 Feb 2016 ETFs phone home: a stellar year for Smartshares
05 Feb 2016 RAM investors return profits
05 Feb 2016 Evaluating active managers and Active Share
05 Feb 2016 China: Accepting the landing
05 Feb 2016 Forecasts not commitment - RBNZ
05 Feb 2016 Worry code changes slipping under radar
05 Feb 2016 New tax bad for housing development
05 Feb 2016 Finding the one
04 Feb 2016 Forecasts not commitment - RBNZ
Latest News
Advice adds at least 5% a year, but clients can’t see most of it
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
Adviser use of ETFs likely to continue to grow, Smart says
2 min read
FMA outlines its latest expectations for advisers
FMA outlines its latest expectations for advisers
6 min read
[Weekly Wrap] KiwiSaver in play; but outcome unclear
[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