GoodReturns
Archive - 2021
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
July 2021
15 Jul 2021 InvestNow platform opening up to advisers
14 Jul 2021 Swift market reaction as RBNZ calls time on money printing
14 Jul 2021 OCR reaction: higher interest rates expected
14 Jul 2021 OCR decision revealed
14 Jul 2021 Dire shortage of properties for sale
14 Jul 2021 Cigna scholarship boost for aspiring actuary
14 Jul 2021 Equitise fined for financial statement fail
14 Jul 2021 ASB rate hikes across the board; Pepper's Milburn steps down
14 Jul 2021 ASB rate hikes across the board; Pepper's Milburn steps down
14 Jul 2021 Pepper's Milburn steps down; replaced by Saoud
14 Jul 2021 ASB hikes rates across the board
14 Jul 2021 Confidence up but wealth gap grows
13 Jul 2021 My Food Bag buoyed by Aussie takeover
13 Jul 2021 Investors urged to bolt in long-term rates
13 Jul 2021 Soaring house prices fuel OCR hike talk; Housing supply at risk
13 Jul 2021 AIA Vitality partners with Countdown and New Balance
13 Jul 2021 Soaring house prices fuel OCR hike talk
13 Jul 2021 Financial stress – more common than you might think
13 Jul 2021 Ending a 40-year career - the true cost of a FADC decision
12 Jul 2021 Vista climbs on Black Widow debut
12 Jul 2021 RBNZ issues Relationship Charter survey results
12 Jul 2021 ICNZ launches te reo Maori title
12 Jul 2021 Guardian Trust and Covenant sold to Asian entity
12 Jul 2021 [Opinion] How investors could solve the housing crisis
12 Jul 2021 Housing supply at risk
12 Jul 2021 Interest rates key to fighting house price boom
12 Jul 2021 Housing market ‘stronger than a month ago’
12 Jul 2021 OCR preview survey: economists look ahead
12 Jul 2021 OCR preview survey: economists look ahead
12 Jul 2021 Tight times for Winterless North
11 Jul 2021 [The Wrap] Hurrah! Big banks exit life insurance
09 Jul 2021 Well-known names join ACC Investment committee
09 Jul 2021 Investors sell risk assets as delta variant causes alarm
09 Jul 2021 8 Steps to a beautiful annual operating plan
09 Jul 2021 Fidelity Life appoints new chief sales and service officer
09 Jul 2021 Expansion accelerates taper talk
09 Jul 2021 Mortgage strategy dilemma
09 Jul 2021 Mortgage strategy dilemma
09 Jul 2021 FMA passes 10-year milestone
08 Jul 2021 Pacific Edge gains while market flatlines
08 Jul 2021 Mercer NZ commits to net-zero carbon emissions by 2050
08 Jul 2021 Reserve Bank to consult on the future of cash
08 Jul 2021 Economists predict November interest rate hike
08 Jul 2021 Sold sign goes up at AMP Capital
07 Jul 2021 For the first time FMA strips a manager
07 Jul 2021 Investor confidence up - but beware the bursting bubble
07 Jul 2021 NZ shares shuffle sideways as investors rejig portfolios
07 Jul 2021 November OCR hike: Predict Westpac and ANZ
07 Jul 2021 Franklin Templeton joins Net Zero Asset Managers Initiative
07 Jul 2021 OCR hike tipped for November; Westpac chair retires
07 Jul 2021 Advisers should talk to advisers about professional indemnity
06 Jul 2021 Auckland Airport took off yesterday, but landed today
06 Jul 2021 Westpac New Zealand chair retires
06 Jul 2021 OCR to rise in November: ASB
06 Jul 2021 Fidelity buys Westpac Life
06 Jul 2021 BNZ and Westpac stay out of new build battle; Kinzett successor at FMT named
05 Jul 2021 Auckland Airport jumps on Sydney Airport takeover bid
05 Jul 2021 BNZ and Westpac stay out of new build loan battle
05 Jul 2021 Prices continue to rise unabated
05 Jul 2021 Professional IQ farewells its chief executive
05 Jul 2021 How SMEs can ease late payment pain to facilitate growth
05 Jul 2021 First Mortgage Managers names Tony Kinzett successor
03 Jul 2021 [GRTV] Looking after advisers' mental health
02 Jul 2021 a2 Milk drives positive finish to the week
02 Jul 2021 How SMEs can ease late payment pain to facilitate growth
02 Jul 2021 ANZ relaxes apartment lending criteria; Nelson Building Society cuts rates
02 Jul 2021 Macquarie rumoured to be looking at AMP Capital
02 Jul 2021 ASB KiwiSaver comes out poorly in survey
01 Jul 2021 Property stocks hit records
01 Jul 2021 ANZ eases apartment lending rules
01 Jul 2021 Housing streaks past $1.5 trillion but growth stalling
01 Jul 2021 House price growth slows
01 Jul 2021 Housing price growth slows: CoreLogic
01 Jul 2021 Fisher Funds appoints new chief investment officer
01 Jul 2021 Financial adviser deregistrations underway
June 2021
30 Jun 2021 Fonterra Fund leads NZ shares higher
30 Jun 2021 FMA review of NZX shows room for improvement
30 Jun 2021 ASB new build offer surpasses $2bn mark; Borrowers can handle higher rates
30 Jun 2021 ASB 1.79% offer surpasses $2 billion mark
30 Jun 2021 With its shares down over 50% year to date has The a2 Milk Company become of interest for value investors
30 Jun 2021 Pathfinder finds its mojo
29 Jun 2021 NZ shares rise as tourism stocks recover
29 Jun 2021 Borrowers can handle higher interest rates: ASB
29 Jun 2021 West Coast best bet for investors
29 Jun 2021 Hyde to lead asset allocation team
29 Jun 2021 EQC offloads disaster claim management to Kiwi insurers
29 Jun 2021 Westpac the latest bank to tip earlier rate hike
29 Jun 2021 'Finfluencers' now on regulator's radar
28 Jun 2021 Travel stocks drop as trans-Tasman bubble deflates
28 Jun 2021 Westpac tips earlier rate hike, house price decline in late 2022
28 Jun 2021 Cigna extends multi-benefit discount
28 Jun 2021 Ethical Investing NZ recruits financial planner
28 Jun 2021 Multi-unit insurance cover: The lowdown
28 Jun 2021 Death rates and the impact of the End of Life Choice Act
28 Jun 2021 Claim against Bond Centre thrown out
28 Jun 2021 ANZ's 1.68% rate; Lending strong in May; New non-bank funds
28 Jun 2021 ANZ 1.68% new build rate shakes up market
28 Jun 2021 Women win financial stakes
28 Jun 2021 Mortgage lending holds up in May
27 Jun 2021 Trade-ups out of reach for many
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.
21 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.
23 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