Archive - 2018
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
December 2018
06 Dec 2018 BNZ pledges $3.8 million after error
06 Dec 2018 CLU back on agenda for Massey
06 Dec 2018 Fidelity Life waives policy fees
06 Dec 2018 Brexit boilover; It's all coming to a head
06 Dec 2018 Financial Advice NZ to support advisers through licensing
06 Dec 2018 Retail investors get passive strategies: Stevens
05 Dec 2018 OnePath put on negative credit watch following sale
05 Dec 2018 NZ shares join global decline as trade jitters re-emerge; Gentrack, F&P Health fall
05 Dec 2018 Calastone switches to blockchain
05 Dec 2018 Sales surge up in Super City
05 Dec 2018 Regan retires
05 Dec 2018 Another Auckland house price surge possible: Property Investment survey open
05 Dec 2018 FSC quadruples surplus as it regains strength
05 Dec 2018 Strong value growth in affordable centres
04 Dec 2018 Fidelity Life cuts trips for advisers
04 Dec 2018 Trade tailwind slows market; Spark, Z Energy decline
04 Dec 2018 Link pension to health expectancy: Report
04 Dec 2018 Focus on customers, not fees: Shanks
04 Dec 2018 LVR has worked but Auckland risks remain: ANZ
04 Dec 2018 Partners Life offers advisers support
04 Dec 2018 COMMENT: Setting policies good practice for landlords
04 Dec 2018 Apprenticeship for wealth management director
04 Dec 2018 More details of Newpark's new group; Take part in our survey
04 Dec 2018 The Third Scenario – The End of Goldilocks
04 Dec 2018 Women need to connect with advice: Asteron
04 Dec 2018 Kiwi banks may follow Australians out of wealth business
03 Dec 2018 NZ shares extend gain as cooling trade tensions buoy Asian markets
03 Dec 2018 AMP new chief executive in place
03 Dec 2018 Fidelity takes top award
03 Dec 2018 Shake-up for ANZ
03 Dec 2018 So what are you going to do differently?
03 Dec 2018 Newpark aims to double membership
03 Dec 2018 Queenstown price chill post-ban
03 Dec 2018 DIMS gets another shake-up
03 Dec 2018 Juno hires from Australia, police
November 2018
30 Nov 2018 OnePath deal done
30 Nov 2018 [The Wrap] Reality check for copy-pasters
30 Nov 2018 NZ shares end November higher in heavy month-end trading
30 Nov 2018 Climate change insurance threat
30 Nov 2018 Tyler Wren launches Insurance & Financial Services Division
30 Nov 2018 FSC: Industry has heard commission concern
30 Nov 2018 World first investment service based upon indigenous values
30 Nov 2018 Boom times for Auckland consents
30 Nov 2018 AMP Capital gets a new MD
30 Nov 2018 Surprising admission from ANZ
30 Nov 2018 Late Cycle Growth in Kapiti Coast & Horowhenua
30 Nov 2018 Lack of prescription could prompt race to the bottom
30 Nov 2018 Partners rings changes
30 Nov 2018 Southern Cross staff get wellness accreditation
29 Nov 2018 Local shares join global rally as Fed set to pause rate hikes; Pushpay gains
29 Nov 2018 AIA trials mental wellbeing technology
29 Nov 2018 $50k in sports grants awarded
29 Nov 2018 Branches not efficient for mortgage origination: Elliott
29 Nov 2018 Wellington rents riding high
29 Nov 2018 What advisers think of LVR loosening
29 Nov 2018 COMMENT: Embedded networks - what to watch out for
29 Nov 2018 Adviser fights insurance company for commissions after sex claims
29 Nov 2018 Public warning may mean career over
28 Nov 2018 NZX joins Asia-wide rally; Market led higher by growth stocks Pushpay, A2
28 Nov 2018 RBNZ clearly has life insurance commission in its sights
28 Nov 2018 LVR easing will prompt modest growth
28 Nov 2018 Preferred NZ dobs in adviser and shows him the door
28 Nov 2018 LVR loosening: advisers react
28 Nov 2018 LVR restrictions eased for investors
28 Nov 2018 LVR restrictions eased for investors and owner-occupiers
28 Nov 2018 Reserve Bank to ease LVR restrictions
28 Nov 2018 Reserve Bank to ease loan-to-value ratio restrictions
28 Nov 2018 Serve customers, don't ram products down throats: Everett
27 Nov 2018 NZ shares rise as upbeat Wall St bolsters A2, blue chips
27 Nov 2018 First home buyers outshine investors
27 Nov 2018 It's goodbye to Sovereign
27 Nov 2018 Partners bumps up medical pricing
27 Nov 2018 Halt to apartment law reform plan
27 Nov 2018 FSR Preview: Will the Reserve Bank loosen LVR restrictions?
27 Nov 2018 Equal weight vs. Market cap weight
27 Nov 2018 Smartshares: Market dip shows passive still best bet
26 Nov 2018 NZ shares fall with blue chips A2, Ryman; F&P Healthcare gains
26 Nov 2018 CGT would be repealed under National
26 Nov 2018 Good news, four million lives saved
26 Nov 2018 Belief in rental investment returns cools
26 Nov 2018 AdviceFirst on the block
26 Nov 2018 AMP to support women in advice
23 Nov 2018 FMA's review of insurers pushed back
23 Nov 2018 Peer-to-peer lending on the rise
23 Nov 2018 Court of Appeal rules against price fixers
23 Nov 2018 HSBC one year rate down to 3.79%
23 Nov 2018 AFA applications roll in
22 Nov 2018 AIA/Sovereign confirms trips axed
22 Nov 2018 NZ shares snap decline as growth stocks Tourism Holdings, A2 recover
22 Nov 2018 Kiwis paying off loans at faster rate: Westpac
22 Nov 2018 Migration at lowest since 2015
22 Nov 2018 Fee for service idea for mortgages played down
22 Nov 2018 Growth in NZ demand for co-working space
22 Nov 2018 Financial advisers stuck in limbo
21 Nov 2018 Trade Me soars on takeover bid; Fletcher sinks deeper
21 Nov 2018 Speed-dating to become regular non-bank event
21 Nov 2018 COMMENT: War on tenancies should stop
21 Nov 2018 Apprenticeship model possible under new regime
20 Nov 2018 Fletcher slumps to 9-yr low on profit warning
20 Nov 2018 ASB plays down fee-for-service talk
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