GoodReturns
Archive - 2010
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
August 2010
19 Aug 2010 Kiwibank still growing mortgage book but momentum wanes
19 Aug 2010 FINSIA leadership lunch: Identity crime in NZ
19 Aug 2010 IFA rails against regulatory levies
18 Aug 2010 TOWER chief actuary resigns
18 Aug 2010 BNZ trumps Kiwibank in deposit rate war during June quarter
18 Aug 2010 Mortgage curve flattens
18 Aug 2010 Kiwibank profit falls 13%
18 Aug 2010 NZMBA pushes for clarity on authorisation
18 Aug 2010 FSCL free information seminars
18 Aug 2010 HSBC keeps six month rate unchanged
18 Aug 2010 Code revision shouldn't slow process: Butler
18 Aug 2010 Govt will only get back 28-33 cents on Viaduct failure
18 Aug 2010 Property investors targeting private sellers
17 Aug 2010 Sovereign cuts life premiums to be competitive
17 Aug 2010 [Breaking News] Commissioner asks for Code to be revised
17 Aug 2010 FSCL free information seminars
17 Aug 2010 Old star returns with new fund
17 Aug 2010 Dr Don's gloomy outlook for house prices
16 Aug 2010 Allied Nationwide rating cut deeper due to covenant breach: S&P
16 Aug 2010 Dorchester rolls out timetable for new securities
16 Aug 2010 Long wait over for broker
16 Aug 2010 Westpac leads tussle for six month deposits
16 Aug 2010 Rates Round Up
16 Aug 2010 News Round Up
13 Aug 2010 Financial advisers register to open on Monday
13 Aug 2010 House sales fall to decade low
13 Aug 2010 REINZ residential highlights - July 2010
13 Aug 2010 Commission unsure how long adviser licences will last
13 Aug 2010 FINSIA leadership series: Tax reform and wealth management
13 Aug 2010 Orange Finance pushes out moratorium timeline
12 Aug 2010 Lynch leaving Dorchester
12 Aug 2010 Current economists predictions
12 Aug 2010 Provincial property posed to prosper
12 Aug 2010 Allied Nationwide rating cut
12 Aug 2010 NZPIF conference packed with benefits
12 Aug 2010 FINSIA briefing series: Financial Advisers Regulation
12 Aug 2010 Investment products for retirees need to be developed
11 Aug 2010 Marac gets a bit of a lift from S&P
11 Aug 2010 HotHouse: The new and improved financial adviser regime
11 Aug 2010 South Canterbury Finance warns investors
11 Aug 2010 Kiwibank and National raise floating rates
11 Aug 2010 More money owed by collapsed planner under SFO scrutiny
11 Aug 2010 IRD favours depreciation for commercial building fit-outs
10 Aug 2010 General Finance earnings bounce back as it prepares for guaranteed mat
10 Aug 2010 Floating rates rise while fixed rates tumble
10 Aug 2010 Pause in OCR now expected
10 Aug 2010 Tower makes enhancements to Trauma and Income Protection cover
10 Aug 2010 Elective surgery boosts health insurance claims by 10%
10 Aug 2010 Lack of savings products contributed to finance sector collapse
09 Aug 2010 Making sense of current house prices
09 Aug 2010 ANZ and Westpac change rates
09 Aug 2010 Allied Farmers puts capital raising on hold amid trustee concerns
09 Aug 2010 NAB tries to get ACCC onside with divestiture of Axa platform
09 Aug 2010 ISI actively looking for a new CEO
09 Aug 2010 Confidence in property market remains stable
09 Aug 2010 Fidelity Life appoints corporate marketing manager
09 Aug 2010 Second cut to long-term bank TD’s
09 Aug 2010 Rates Round Up
09 Aug 2010 TSB raises floating rates
09 Aug 2010 TSB raises floating rates
09 Aug 2010 Performance regulation could be based on ISI standard: Power
09 Aug 2010 Market back to the future of 2008
09 Aug 2010 QV main urban areas commentary: July 2010
08 Aug 2010 Mortgagee sales continue to stay high
06 Aug 2010 What’s in a name?
06 Aug 2010 Govt shoots down member’s bill for ethical investment
05 Aug 2010 Supreme Court will hear GE appeal over Blue Chip ruling
05 Aug 2010 SCF blames adviser for share price plunge
05 Aug 2010 NAB still hopeful over AXA bid
05 Aug 2010 ASB first off the mark again
05 Aug 2010 Scattered OCR forecasts by economists
05 Aug 2010 ING's new name revealed
05 Aug 2010 ASB hikes rates
05 Aug 2010 ISI rejects intl standard and goes it alone
04 Aug 2010 Capital + Merchant investors’ only avenue for recovery through claims
04 Aug 2010 Auckland house sales still in doldrums
04 Aug 2010 Govt capping forces closure of Finanicial Planning Diploma
04 Aug 2010 Vendor-agent relationships strengthening
03 Aug 2010 Receivers unsure how much govt will claw back from Rockforte Finance
03 Aug 2010 AON accused of churning insurance customers
03 Aug 2010 Associations want mortgage, insurance adviser situation sorted
02 Aug 2010 Receiver flags Strategic Finance property deals for this week
02 Aug 2010 Asking prices fall $22k in four months
02 Aug 2010 News Round Up
02 Aug 2010 Rates round up
02 Aug 2010 Tower wants blokes to 'man up'
01 Aug 2010 Who buys gold bullion?
July 2010
30 Jul 2010 [Weekly Wrap] And so the Code was handed down
30 Jul 2010 Analysis falls in favour of fixing two or three years
30 Jul 2010 Code formally recommended to the commissioner
30 Jul 2010 Final changes to the Draft Code
30 Jul 2010 Building consents edge up slightly after slump
30 Jul 2010 Tauranga: Investing in sunshine
30 Jul 2010 Kieran Jones joins Planet Financial Services
30 Jul 2010 Crown guarantee may not cover investments in wraps
29 Jul 2010 OCR increases but more moderate pace to come
29 Jul 2010 Code Committee members reappointed
29 Jul 2010 Floating rates to rise but not as fast or far as expected
29 Jul 2010 Bollard lifts OCR, predicts more moderate pace of increases
29 Jul 2010 PRESS RELEASE: RBNZ raises OCR to 3%
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