GoodReturns
Archive - 2014
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
May 2014
23 May 2014 Interest rates tipped to rise but price expectations weaken
23 May 2014 Kiwis seek out expert advice
23 May 2014 Competition concerns for valuers
22 May 2014 Finance company profits rise
22 May 2014 Heartland gets upgrade
22 May 2014 Westpac backs capital gains tax idea
22 May 2014 Westpac backs CGT proposal
22 May 2014 Strict rules for disclosure
22 May 2014 Triplejump appoints directors
22 May 2014 Buyers getting creative: Harcourts
22 May 2014 CGT 'would lift home-ownership levels'
22 May 2014 Deposits safe: Receivers
21 May 2014 Homeowners support compulsion: FSC
21 May 2014 Work to do to rebuild trust: FMA boss
21 May 2014 Westpac rises
21 May 2014 Calm heads will do well out of coming months: Newland
21 May 2014 Migration not biggest price driver: Economist
20 May 2014 In case you missed it
20 May 2014 Focus on value for members: New IFA president
20 May 2014 KIPT reports strong office demand
19 May 2014 New boss for NZCU
19 May 2014 Transition period likely needed for DIMS rules
17 May 2014 HSBC goes sub 6%
16 May 2014 Finance company adviser charged
16 May 2014 Bad broker Buddle changes plea
16 May 2014 New president for IFA
16 May 2014 RBNZ: What might have happened without LVRs
16 May 2014 Role for Guardian Trust's AFAs: Barnes
16 May 2014 Reserve Bank tempers reinsurance standard
16 May 2014 Rents not high enough to justify building: JLL
16 May 2014 RBNZ: What would have happened without LVRs?
15 May 2014 NZDMO tweaks programme
15 May 2014 Rising home loan rates a fait accompli
15 May 2014 No handout for first-time buyers
15 May 2014 ASB tops FundSource rankings
15 May 2014 No handouts for first-time buyers
15 May 2014 94% of rental properties fail WOF trial
14 May 2014 $100m reserved for bookbuild clients
14 May 2014 Turnover down more than expected: RBNZ
14 May 2014 $400m of NZ bonds on offer this week
14 May 2014 Fixed income investors 'should seek absolute returns'
14 May 2014 Turnover down more than expected: RBNZ
13 May 2014 Rate rises having an impact; SBS cuts
13 May 2014 OCR increases having an impact
13 May 2014 People don’t like talking about dying
13 May 2014 Too soon to jump back into emerging markets: K2
13 May 2014 11% of landlords live overseas: Report
13 May 2014 Prices expected to rise but 'not a great time to buy'
12 May 2014 Older, female, richer investors more likely to get advice
12 May 2014 Call for Govt action on strengthening costs
12 May 2014 REINZ: Market slowing
11 May 2014 Low volatility feeds a search for yield
09 May 2014 Mercer Marsh mash up
09 May 2014 Pressure coming on bank margins
09 May 2014 LVR restrictions could come off this year
09 May 2014 LVR restrictions could come off this year
09 May 2014 Fidelity adds new board member
09 May 2014 Accountants: Financial advisers of the future?
09 May 2014 Harcourts applauds LVR move
09 May 2014 Update on the New Zealand housing market [FEATURE with GRAPHS]
08 May 2014 Kiwis will miss out on comfortable retirement: FSC
08 May 2014 'Average Kiwis missing out on advice'
08 May 2014 Parents 'propping up lending'
08 May 2014 QV: First-time buyers return
07 May 2014 Rules may be relaxed on Friday: Economists
07 May 2014 Brown quits FMA role
07 May 2014 New Zealand's big bet on China
07 May 2014 BNZ does a wee tweak
07 May 2014 More special housing areas revealed
06 May 2014 KiwiSaver – opportunity, threat or both?
06 May 2014 DIYers shun advice: Research
06 May 2014 Low-interest loans a risk worth taking: BNZ
06 May 2014 KIPT sells rest of Auckland high rise
05 May 2014 Switch to fix puts pressure on: Westpac
05 May 2014 ASB makes 3-year hero rate and offers more cash
05 May 2014 ASB makes 3-year hero rate and offers more cash
05 May 2014 Kiwibank offer formalised
05 May 2014 Providers need more confidence in resoution schemes: FMA boss
05 May 2014 Sellers need to price well: B&T
05 May 2014 Still a seller's market: Realestate.co.nz
04 May 2014 KiwiSaver withdrawal system sparks complaints
04 May 2014 Asteron appoints claims executive
02 May 2014 A week of the expected and unexpected
02 May 2014 FMA board appointments
02 May 2014 How ANZ is winning the battle
02 May 2014 Don't fear the move online: AMP
02 May 2014 Investors open to body corporate arrangements: Crockers
01 May 2014 Bank distribution drives ANZ's mortgage growth
01 May 2014 LVR rules could be loosened this month: Westpac
01 May 2014 Kiwis want to be forced to save: FSC
01 May 2014 FMA boss predicts cultural shift
01 May 2014 Nice moves guys
01 May 2014 Diversification pays off for KiwiSavers: Morningstar
01 May 2014 Peak of 4.5% would feel higher: ASB
01 May 2014 REINZ to examine data
01 May 2014 KiwiSaver plan 'not the answer'
April 2014
30 Apr 2014 SBS boss appointed
30 Apr 2014 Tate: Is regulation helping consumers?
30 Apr 2014 More consents issued
30 Apr 2014 NZPIF slams Labour's ring-fencing plan
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".
4 days ago Paul Flood