Archive - 2018
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
December 2018
31 Dec 2018 Local equity market ends year on a firm note
31 Dec 2018 Antipodes offers investor choice
31 Dec 2018 Fisher, Chapman and Crossan all honoured
31 Dec 2018 2018 – a year of uncertainty
30 Dec 2018 [The Wrap] And that folks is a wrap for 2018
28 Dec 2018 NZ shares nudge higher on last full day's trading for the year
27 Dec 2018 Top 5 Tribunal tips for landlords
24 Dec 2018 FNZC buys OMF
24 Dec 2018 Landlords urged to act on insulation
24 Dec 2018 Adviser: Should case manager make the call?
22 Dec 2018 2018 an “interesting” year - REINZ
21 Dec 2018 OnePath rating cut
21 Dec 2018 Fidelity hires head of underwriting
21 Dec 2018 Mortgage lending to investors plummets
21 Dec 2018 1% OCR predicted; Investor lending plummets
21 Dec 2018 It's time to celebrate insurance and Christmas
21 Dec 2018 NZX stands out on global stage
20 Dec 2018 Fidelity Life announces retirement
20 Dec 2018 NZ shares rise as blue chips rally into holiday period; Spark gains
20 Dec 2018 Mortgage lending to investors plummets
20 Dec 2018 ANZ predicts 1% OCR in 2020
20 Dec 2018 Clients complain: Adviser should have told us to obtain notes
20 Dec 2018 Consilium joins FSC
20 Dec 2018 2018’s best performing suburbs
20 Dec 2018 Craigs Investment Partners hires adviser
20 Dec 2018 Credit unions to merge to compete; Heartland responds to RBNZ
20 Dec 2018 Heartland outlines cost of RBNZ rules
20 Dec 2018 Minister acknowledges slow pace of adviser laws
19 Dec 2018 Milford boss departs
19 Dec 2018 NZ shares gain as upcoming Fed meeting bolsters yield stocks; Sky TV gains
19 Dec 2018 AIA hires top underwriter
19 Dec 2018 Monitoring rental home quality
19 Dec 2018 MBIE estimates 1733 single-adviser firms in new regime
18 Dec 2018 Heartland sinks; Markets await US Fed's interest rate call
18 Dec 2018 NZ credit unions to merge
18 Dec 2018 Non-banks grow market share; RBNZ about to apply brakes to bank lending
18 Dec 2018 Desperately seeking answers
18 Dec 2018 Bank AFA force broadly steady
17 Dec 2018 NZ shares follow Asian rally; exporters F&P Health, A2 gain
17 Dec 2018 Non-bank surge to continue: KPMG
17 Dec 2018 Healthy Homes benefits overstated - economist
17 Dec 2018 RBNZ proposals will slow credit growth: Kiwibank
17 Dec 2018 Sub-4% rates over for SBS, TSB
17 Dec 2018 Salt adds former FMA exec to its board
17 Dec 2018 Rates up, BDM off, credit rules tweaked and more
17 Dec 2018 Landlording like a parent
17 Dec 2018 Morningstar committed to New Zealand
15 Dec 2018 [The Wrap] What it it will cost you to be licensed revealed
14 Dec 2018 NZ shares fall as investor uncertainty weighs on exporters; F&P Health, A2 drop
14 Dec 2018 Reserve Bank proposes new capital rules
14 Dec 2018 Fidelity appoints managers
14 Dec 2018 Mortgage Express makes Auckland hire
14 Dec 2018 Resimac tweaks credit assessments
14 Dec 2018 Summer bounce means record prices
14 Dec 2018 Marketing boss steps down
14 Dec 2018 Want to know what it will cost to be licensed? Here's the answer
14 Dec 2018 How much you will have to pay to be an adviser revealed
14 Dec 2018 Govt moves to allow early KiwiSaver withdrawal
13 Dec 2018 NZ shares rise as optimism over US-China trade deal lingers; Fletcher gains
13 Dec 2018 Treasury predicts OCR hike in 2020
13 Dec 2018 Olympic gold medalist joins Consillium
13 Dec 2018 Not acceptable that ACC doesn't cover illness: OECD
13 Dec 2018 Carmen Moran leaves Westpac for Heartland
13 Dec 2018 Static Auckland rents suggest underlying problem
13 Dec 2018 What contribution rate should I have in order to retire?
13 Dec 2018 Guardians add chief investment officer
13 Dec 2018 FMA scores own goal with KiwiSaver tracker: Booster
13 Dec 2018 Financial services boosting NZ's bottom line
12 Dec 2018 NZ shares gain as Trade Me hits record on takeover
12 Dec 2018 30 Years in business
12 Dec 2018 Record profit for UDC
12 Dec 2018 AIA + Sovereign + You: Championing a healthier, better protected NZ
12 Dec 2018 Fight back on commissions; New construction lending option
12 Dec 2018 Partners Life beats its own targets
12 Dec 2018 What lies ahead in 2019
12 Dec 2018 Squirrel innovates with construction loans
12 Dec 2018 MBIE: Most advisers will continue
12 Dec 2018 Old approach won't always stack up
11 Dec 2018 Defensive stocks find favour on NZX; Contact, Meridian rise
11 Dec 2018 Cigna appoints from OnePath
11 Dec 2018 ASB appoints Vanguard as manager
11 Dec 2018 Aussie advisers fight back against reform
11 Dec 2018 Has the sun set on holiday rentals?
11 Dec 2018 Summits planned to help advisers navigate regulation
11 Dec 2018 IOOF directors under scrutiny
10 Dec 2018 NZ shares fall to 5-week low as trade tensions spook investors; A2 drops
10 Dec 2018 BNZ starts shared ownership scheme
10 Dec 2018 Financial Disputes Resolution expands committee
10 Dec 2018 New record for Wellington prices
10 Dec 2018 How big a problem is insurance fraud?
10 Dec 2018 Knowledge still lacking on KiwiSaver
10 Dec 2018 Law doesn't have to be broken for FMA to take action
09 Dec 2018 AIA helps foster kids
07 Dec 2018 NZ shares rally on speculation of flat US rate track; Spark gains
07 Dec 2018 [The Wrap] The end of bank VIO is good for advisers, but are you ready?
07 Dec 2018 Helen Robertston takes on a new role
07 Dec 2018 Ring-fencing Bill hits Parliament
07 Dec 2018 One bank ends vertical integration
06 Dec 2018 Huawei CFO arrest reignites trade fears; A2 drops
06 Dec 2018 Sub 4% rates unlikely to return
Latest News
[Weekly Wrap] What we know, and don't know, about Labour's retirement policies. Plus a potential surprise
[Weekly Wrap] What we know, and don't know, about Labour's retirement policies. Plus a potential surprise
2 min read
NZX aims for 5% of KiwiSaver market in three-to-five years
NZX aims for 5% of KiwiSaver market in three-to-five years
3 min read
Trust in AI’s decision making not keeping pace with adoption
Trust in AI’s decision making not keeping pace with adoption
3 min read
Banks lose KiwiSaver share
Banks lose KiwiSaver share
2 min read
Latest Comments
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
6 days ago Raymond Yang
Who is responsible for notifying policy changes?
There is no doubt the obligation is on the insurer who the contract is with. Clearly it would be prudent for an adviser to assist once given clear information by an insurer to assist with the communication but to extend this further. For an insurer to attempt to slide this onto an advisers plate is abdication. The adviser can not change the contract.
1 week ago Darryl Scott
FMA CEO on leave
At the risk of sounding like a broken record, the fundamental flaw in the legislation came about partly through the event that Murray mentions, and also through the negligence of the Select Committee in ignoring the single most cited recommendation in all the submissions (over 34% from memory) of drawing a distinction between product sales and financial advice. To add to their misdemeanour, the Committee then added a paragraph to the Bill confirming that recommendation of one product only constituted financial advice - or words to that effect. The inherent conflict of interest lies in an individual retained by a Class 4 licensee being required to adhere to a code of conduct that requires prioritisation of client interests. To expect a product sales person to subordinate their contractual obligation to their employer is unrealistic, unworkable, and unreasonable. To emphasise, I have no issue with a product provider marketing and selling their own products - but not behind the opaque veil of legislation intended to govern financial advice. If MBIE ever gets around to review FSLAA, Financial Advisers, FANZ, and all other interested stakeholders should mount a fully-funded intensive campaign to persuade our employees in Wellington to remove class 4 licensees from FSLAA, and replace their obligations within an amended CoFI Act.
2 weeks ago David Whyte
FMA CEO on leave
@Murray: The reps seemed to be acting on their personal interests rather than the interests of advisers. Conflict of interest, isn't it?
2 weeks ago w k
KiwiSaver funds shake off Middle East tension
In this recent presentation of mine https://www.knowrisk.co.nz I show that the average Balanced KiwiSaver fund has added approximately +0.43% over and above the gross average policy Benchmark's return's. However, the averge annual costs of -0.97% for Balanced funds have eroded that to be slighly below BMK after costs consistent with typical SPIVA studies. Note this cost number is for the 45 Balanced Funds used only - for all KiwiSaver Funds it is closer to -0.70% p.a. The presentation goes on to show that quite a bit of return is being left on the table by the one size fits all view of risk.
2 weeks ago P Urbani