GoodReturns
Archive - 2022
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
November 2022
08 Nov 2022 Orr re-appointed to Reserve Bank amid strong criticism
08 Nov 2022 FundSource returns
07 Nov 2022 Prospect of an open China, US job data push market higher
07 Nov 2022 Westpac profit rises
07 Nov 2022 Fidelity Life on the journey to improvement
07 Nov 2022 Westpac makes increased profit
07 Nov 2022 Investors snap up new builds at record levels
07 Nov 2022 [GRTV] Simon Fisher on FAP licensing
04 Nov 2022 NZ share market moves higher into weekend
04 Nov 2022 Sales slump to worst in 12 years
04 Nov 2022 You might have to name your next daughter Mark
04 Nov 2022 Life insurance company CEO joins FSC board
03 Nov 2022 A2 jumps on US FDA deal; Fed hike sends other stocks lower
03 Nov 2022 Ford moves on from Heartland
03 Nov 2022 Mixed story for mortgage holders as interest rates rise
03 Nov 2022 Heartland Bank appoints new director
03 Nov 2022 Property market not all doom and gloom
03 Nov 2022 The burden of regulation
03 Nov 2022 FSC gets a COO
02 Nov 2022 Tough times can lead to great deals
02 Nov 2022 NZ market waiting on tomorrow’s Fed decision
02 Nov 2022 Surface water and river flooding big risk for property prices
02 Nov 2022 Building consents continue to defy gravity
02 Nov 2022 Mixed story for mortgage holders as interest rates rise - banking chiefs
01 Nov 2022 NZ dollar gains on Aussie as RBA hikes rate
01 Nov 2022 RBNZ says NZ Banks well placed to withstand stagflation
01 Nov 2022 Slow down in average Auckland rents
01 Nov 2022 Avoiding digital and broadband disputes
01 Nov 2022 NZ Banks “well placed to withstand stagflation” – RBNZ
01 Nov 2022 Harbour releases inaugural impact report
01 Nov 2022 People batten down the hatches in tough environment – Centrix
October 2022
31 Oct 2022 Pushpay investors ponder takeover as NZX50 marches on
31 Oct 2022 Former Prime Minister John Key lambasts CCCFA
31 Oct 2022 New housing rules create dilemmas
31 Oct 2022 NZ Super loses $3.3 billion in year
31 Oct 2022 Sir John Key lambasts CCCFA
28 Oct 2022 SkyCity's shares perk up but shareholders aren't happy
28 Oct 2022 Inflation fears could ease
28 Oct 2022 Inflation fears could ease - economist
28 Oct 2022 Wealth tax not ruled out - Finance Minister
27 Oct 2022 InvestNow gets told off
27 Oct 2022 NZ dollar hits monthly high
27 Oct 2022 Silverfin appoints new CFO from the UK
27 Oct 2022 ANZ makes biggest ever profit
27 Oct 2022 ANZ cracks $2 billion profit mark
27 Oct 2022 Buckle up, the housing market slowdown isn’t over yet
27 Oct 2022 Kernel rounds out its fund offering
26 Oct 2022 Fletcher and Skellerup hoist market higher
26 Oct 2022 Reverse mortgages ease borrower “annoyance” - adviser
26 Oct 2022 How to easily increase weekly rents
26 Oct 2022 RBNZ needs to look the inflation beast in the eye
25 Oct 2022 Mainfreight drives the market higher
25 Oct 2022 FNZ takes stake in Kiwi advisory firm
25 Oct 2022 Increased commissions on offer
25 Oct 2022 Prospa rolls out new scheme for SMEs
25 Oct 2022 The Capital leads in green real estate
25 Oct 2022 Seeing both sides
24 Oct 2022 Insurers demand accurate costings for the government’s proposed NZIIS
21 Oct 2022 Mainfreight hits one-month high; NZX50 drops
21 Oct 2022 New highs reached with rates; Last chance to get in; Want a 30 year loan?
21 Oct 2022 Auckland rents at a standstill
21 Oct 2022 NZ unlikely to ever get 30 year fixed-rate mortgages
20 Oct 2022 F&P Healthcare drags market lower
20 Oct 2022 Heartland Bank to buy Australian bank Challenger
20 Oct 2022 Heartland Group plans to buy Australian bank
20 Oct 2022 Seven property investment firms officially warned for overstepping boundaries
19 Oct 2022 Big blue leads the rate rises
19 Oct 2022 NZ's swap rate hits 12-year high
19 Oct 2022 Higher interest rate hikes on the way
19 Oct 2022 How costs compare between different landlords
18 Oct 2022 [GRTV] Where Fidelity Life is heading
18 Oct 2022 CPI data shocks NZ market – but was not as high as many feared
18 Oct 2022 Higher interest rate hikes on the way as inflation stays high
18 Oct 2022 What landlords should be doing when rents are falling and tenants are in control
18 Oct 2022 Responsible investment on the rise - report
18 Oct 2022 Fixed rates inch up
18 Oct 2022 Insurance contract law review
18 Oct 2022 Virtual reality can be game changing
18 Oct 2022 Advisers risk big losses in lead up to FAP deadline – industry expert
17 Oct 2022 NZ market braces for key CPI data
17 Oct 2022 SHARE and Newpark get new boss
17 Oct 2022 More inflation tipped
17 Oct 2022 Investors climb on the Hamilton bandwagon
17 Oct 2022 Replacement CEO at SHARE announced
17 Oct 2022 Record high building costs expected to surge further
17 Oct 2022 More inflation tipped for NZ
16 Oct 2022 Why life insurers oppose the government’s proposed NZIIS
14 Oct 2022 New US inflation data surprises market
14 Oct 2022 Have you had your say? Mortgage holders doing well
14 Oct 2022 Mortgage holders managing well
13 Oct 2022 NZ markets lags before new key CPI data tomorrow
13 Oct 2022 Kiwibank makes interest rate rises a clean sweep
13 Oct 2022 Rethinking traditional balanced fund asset allocation
13 Oct 2022 Adding Up 25 years of service
13 Oct 2022 Painful housing market keeps rolling on
12 Oct 2022 Tourism Holdings' bounce is NZX's big story of the day
12 Oct 2022 It's time to have your say!
12 Oct 2022 Auckland hotel sale biggest ever
12 Oct 2022 Bad start to spring sales
12 Oct 2022 How insurers might tackle the trust gap
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.
20 hours 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.
22 hours 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.
2 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…
2 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".
3 days ago Paul Flood