GoodReturns
Archive - 2019
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
April 2019
02 Apr 2019 The prospect of rate cuts drive market higher; Maccas helps the rally
02 Apr 2019 Economists do u-turn on OCR; Aussie non-bank lenders eyes NZ; Bluestone poaches ANZ BDM
02 Apr 2019 Two large investment adviser firms merge
02 Apr 2019 Australian non-bank Pepper eyes NZ
02 Apr 2019 FMA: Make sure 'off-the-shelf' compliance solutions are a good fit
01 Apr 2019 NZ shares join Asian rally as Chinese data boosts investor confidence
01 Apr 2019 FMA confirms board appointments
01 Apr 2019 A Prospa NZ success story
01 Apr 2019 Economists change their mind on next OCR movement
01 Apr 2019 Bluestone poaches ANZ BDM
01 Apr 2019 NZ Funds’ KiwiSaver hitches ride with Lyft
01 Apr 2019 All insurance and mortgage advisers should read this
01 Apr 2019 KiwiSaver Insight:
01 Apr 2019 Top yields in City of Sales
01 Apr 2019 Associations hang back on Financial Advice NZ
March 2019
30 Mar 2019 Treat rental properties as a business
29 Mar 2019 [The Wrap] Advisers should be very worried over today's FADC ruling
29 Mar 2019 NZX50 delivers 12% gain in March quarter as low rates spur demand for yield
29 Mar 2019 Adviser breached code
29 Mar 2019 AIA rolls out nurse-led application assistance programme
29 Mar 2019 Partners Life gets ratings upgrade
29 Mar 2019 Partners gets ratings upgrade
29 Mar 2019 TSB joins the party; SX CEO goes; Bank targets criticised
29 Mar 2019 Bank targets criticised
29 Mar 2019 NZ market not big enough for Shariah insurance
29 Mar 2019 Advisers' time spent on back-office tasks
29 Mar 2019 FMA appoints executives
28 Mar 2019 Dividend yield stocks again dominate sharemarket trading
28 Mar 2019 Southern Cross CEO Jackson departs
28 Mar 2019 Longstanding adviser supporter signs off
28 Mar 2019 Advisers fear return to classroom
27 Mar 2019 NZ shares surge as rate cut prospect buoys yield plays; Mercury, Meridian hit records
27 Mar 2019 Online lender Spotcap hires NZ managing director
27 Mar 2019 Reaction to RBNZ's surprise OCR comments; Kiwibank makes massive cut
27 Mar 2019 Jail term in Mutual Finance, Viaduct Capital case
27 Mar 2019 Reserve Bank stuns economists with OCR cut prediction
27 Mar 2019 RBNZ leaves OCR unchanged
27 Mar 2019 OCR Announcement: Here's what Orr said
27 Mar 2019 AMP says switching campaign paying off
27 Mar 2019 Company launches solution to sluggish turnaround times
27 Mar 2019 Fidelity Life makes appointments
27 Mar 2019 Members should understand how Financial Advice NZ makes decisions
27 Mar 2019 Investor slump continues in February
26 Mar 2019 Wall St weakness shrugged off; Defensive stocks gain; Genesis hits record
26 Mar 2019 CoreLogic targets turnaround times
26 Mar 2019 Investor slump continues in February
26 Mar 2019 Fidelity Life launches adviser support programme
26 Mar 2019 Fidelity Life undecided on health plans
26 Mar 2019 The Big Read: FMA goes after adviser for alleged non-disclosure
26 Mar 2019 David Ross denied parole: Low risk is not no risk
26 Mar 2019 Church on her new role; ANZ finally joins party
26 Mar 2019 FMA takes non-disclosure case to FADC
25 Mar 2019 NZ shares fall from record as bond inversion triggers global sell-off
25 Mar 2019 Church talks about her new role at Prospa
25 Mar 2019 Mortgage Express hires banker in south Auckland
25 Mar 2019 BNZ back below 4%
25 Mar 2019 Churn keeps coming up in discussions, everywhere. In the insurers, with advisers, and with regulators.
25 Mar 2019 How to complain
25 Mar 2019 Fund managers' GST rules get green light
25 Mar 2019 Niche options
25 Mar 2019 A regulator reflects on Mosque attacks
22 Mar 2019 Shares climb to record on low rate outlook
22 Mar 2019 [The Wrap] The terror attacks and us
22 Mar 2019 Decline in new investor mortgages
22 Mar 2019 OCR Preview: What the experts are predicting
22 Mar 2019 OCR Preview: caution expected
22 Mar 2019 Mint axes performance fees
21 Mar 2019 NZ shares rise on Fed restraint, local GDP growth; Auckland Airport slides
21 Mar 2019 Advisers need $2000, clients will pay $500
21 Mar 2019 nib offers genetic testing
20 Mar 2019 Fund managers question social media investments
20 Mar 2019 Dairy shares take froth off NZ sharemarket
20 Mar 2019 AMP leadership skips bonuses
20 Mar 2019 de Marigny to leave AIA/Sovereign
20 Mar 2019 Investors hold properties for longer
20 Mar 2019 Credit Unions to take on banks
20 Mar 2019 ETFs popular with direct clients
20 Mar 2019 FSLAB now next month's business
19 Mar 2019 Sharemarket falls as investors avoid anything to do with construction
19 Mar 2019 Four credit unions vote through merger
19 Mar 2019 Partners pulls ads after mosque tragedy
19 Mar 2019 ASB lowers two-year rate
19 Mar 2019 S&P downgrades Asset Finance
19 Mar 2019 4 reasons why the Ranger Fund can enhance your core equity portfolio
19 Mar 2019 FNZC no longer
18 Mar 2019 NZ shares at record; trading quiet as investors digest re-weightings
18 Mar 2019 Life companies offer support to Christchurch
18 Mar 2019 Small banks take fight to the big guys
18 Mar 2019 Investment boss for NZX
18 Mar 2019 Embrace change & strengthen your business with The Adviser Platform
18 Mar 2019 Small banks take fight to big four
18 Mar 2019 Aussie advisers welcome trail ban delay
18 Mar 2019 On the property beat
18 Mar 2019 Faafoi: Tell your clients how you're paid
18 Mar 2019 Newpark signs deal to connect with migrants
18 Mar 2019 FSLAB: Will it be law tomorrow?
15 Mar 2019 [The Wrap] Soothing words from the minister
15 Mar 2019 Heavy trading on NZX with index re-weightings heightening activity
15 Mar 2019 Migration confusion
15 Mar 2019 AIA Group reports double-digit growth
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