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Clear Filter
July 2005
21 Jul 2005
Matthew Walker leaves Arcus
21 Jul 2005
Putting a price on tax changes
21 Jul 2005
Adviserlink Fundamentals & Processes
21 Jul 2005
The ASFONZ Forum 2005
21 Jul 2005
Orange Insurance to have a twist
20 Jul 2005
Prices sag as house sales slow
20 Jul 2005
Penalties a taxing ordeal
20 Jul 2005
UK house price inflation at 10-year low
20 Jul 2005
Lifestyle property prices up
20 Jul 2005
Rate war takes a new tack
20 Jul 2005
Queenstown real estate outstrips Auckland prices
20 Jul 2005
Design, not the timber, leads to leaky buildings, says expert
20 Jul 2005
US investor may lose NZ farm
20 Jul 2005
House prices up 3.3pc in June, says REINZ
20 Jul 2005
Developers look to cash in on Blenheim expansion
20 Jul 2005
Business and recreation park launched in Wellington
20 Jul 2005
Leases assured for next 10 years
20 Jul 2005
Objections to boarding house
20 Jul 2005
Timber rot may be no big issue for Waikato
20 Jul 2005
Summit gets a big view
20 Jul 2005
New Cairns Lockie loan attracts interest
19 Jul 2005
Sharemarket bounce helps managed funds
19 Jul 2005
Rotorua Property Investors Association Public Meeting
19 Jul 2005
Landlord Horror Stories
19 Jul 2005
New Cairns Lockie loan attracts interest
19 Jul 2005
Govt scheme kills fund
19 Jul 2005
Govt scheme kills fund
18 Jul 2005
Lifestyle property prices up
18 Jul 2005
Former TOWER man Paul Bevin resurfaces
18 Jul 2005
The quiet sacking of a manager
18 Jul 2005
News Round Up
18 Jul 2005
Aventine appoints South Island manager
15 Jul 2005
Central Otago Lakes region New Zealand's most expensive real estate -
15 Jul 2005
BNZ not so unbeatable, try a mortgage broker
15 Jul 2005
Regional Highlights
15 Jul 2005
BT ain't following its Australian brother
15 Jul 2005
Garrett takes over as corporate super manager
15 Jul 2005
Kiwibank's offer unusual
14 Jul 2005
NZ Super Fund announces passive currency overlay mandate
14 Jul 2005
$30 mill fleeced from Kiwis in share scams
13 Jul 2005
Understanding conflicts of interest
13 Jul 2005
ISI concerned over proposed tax changes
12 Jul 2005
Southern Cross launches health management account
12 Jul 2005
Cullen details KiwiSaver's workings
12 Jul 2005
Kicking ideas around
12 Jul 2005
WRF appoints NZ manager
12 Jul 2005
Barfoot sales follow normal winter pattern
12 Jul 2005
Kiwibank tries to stir some action
12 Jul 2005
Good performance from intl bonds
12 Jul 2005
Your guide to making a pile
12 Jul 2005
Sailing away from stress
12 Jul 2005
The house buyer's dilemma
12 Jul 2005
Australian housing market finding a floor - survey
12 Jul 2005
Kiwibank tries to stir some action
12 Jul 2005
Double death leaves leaky-home owners in the lurch
12 Jul 2005
Property values continue to climb despite predictions
12 Jul 2005
House prices look to be levelling out: QV
12 Jul 2005
QV says national residential value growth 14.2% in May
12 Jul 2005
Resource consent sought for stage one of retail development
12 Jul 2005
Aust firm buys NZ's biggest private rest home operator
12 Jul 2005
KPMG picks its Australian investment favourites
12 Jul 2005
Christchurch house prices defy slowdown predictions
12 Jul 2005
Coastal subdivision has strict covenants
12 Jul 2005
House prices up again but indicators point to levelling
12 Jul 2005
Bumper year for commercial property
12 Jul 2005
City character rules may force costs up
12 Jul 2005
Property man the target of arsonists
12 Jul 2005
Inner-city development labelled slum
12 Jul 2005
Sites march to developer's drum
12 Jul 2005
NZMBA says all mortgage brokers should be covered by task force
12 Jul 2005
Flooding problems overflow
12 Jul 2005
Council confirms rates set to rise by 4.57 percent
12 Jul 2005
Reality Check: Why the coastal property market is still pumping
12 Jul 2005
System of a Down singer fails to buy NZ beach property
12 Jul 2005
Churches quit more rest homes
11 Jul 2005
News Round Up
11 Jul 2005
House prices look to be levelling out: QV
09 Jul 2005
Time for a makeover
08 Jul 2005
QV stats show residential market marches on
08 Jul 2005
Property developers warned to comply with securities law
08 Jul 2005
Proposed tax changes will make people poorer in retirement
08 Jul 2005
Split advisers from product providers: Sandler
07 Jul 2005
Two new fishers
07 Jul 2005
Fisher plans two new funds
06 Jul 2005
Commerical property produces highest ever capital gains
06 Jul 2005
Property wealth gains likely to be saved
06 Jul 2005
Broadlands wants more balanced look at finance companies
06 Jul 2005
Macquarie looking at resthomes?
06 Jul 2005
Market review: A mid-year report card
06 Jul 2005
NZMBA says all mortgage brokers should be covered by task force
06 Jul 2005
Fund managers budgeted to get $500 mill from Govt
05 Jul 2005
DP Rates - Commentary Spot
05 Jul 2005
More short-term rates rise
05 Jul 2005
Considerable support for licensing: Task Force
04 Jul 2005
Adviserlink Essentials of Mortgage Broking
04 Jul 2005
Change capital gains tax laws, experts warn
04 Jul 2005
The house buyer's dilemma
04 Jul 2005
Economist predicts long fall in Aussie house prices
04 Jul 2005
Homes for super-rich hit silly season
04 Jul 2005
Shares lead slow-boat convoy
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Latest News
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
2 min read
FMA outlines its latest expectations for advisers
6 min read
[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.
1 day 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.
1 day 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.
3 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…
3 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