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Articles tagged with 'Code'

[GRTV] Code gets eight out of 10 from long-time critic

20 May 2019 - Adviser advocate Murray Weatherston says the new code is good for advisers - but there's an elephant in the room.

Degree work continues despite Code opting for Level Five

20 May 2019 - The Code of Conduct settling on a Level Five qualification requirement for financial advisers won't stop the development of a new degree for the sector.

Code creates opportunities for quality mark

15 May 2019 - Financial Advice New Zealand's quality service mark could be used to fill in some of the gaps in the new Code of Conduct for the advice sector.

Code: That's all?

9 May 2019 - Financial Advice New Zealand is among voices critical of the long-awaited new code of conduct for financial advisers.

Advisers react to new Code

8 May 2019 - The industry has expressed surprise that the new Code of Conduct allows advisers to operate under another license with no minimum qualification requirements.

New code: Shorter, sharper than draft

8 May 2019 - The clock is now ticking for financial advisers to get ready for life under the new code of conduct for the sector. But the version that will come into force is different to that the industry saw during consultation.

Code of Conduct approved

7 May 2019 - A new Code of Conduct will ensure all financial advice provided to Kiwis is of good quality, Commerce and Consumer Affairs Minister Kris Faafoi says.

'If you expect advisers to work for peanuts...'

16 April 2019 - Some of those who did not want to put their name to their views about the proposed code of conduct for advisers made the most scathing comments.

Code submissions revealed: Industry wanted change

15 April 2019 - Submitters on the draft code of conduct for the financial advice sector took issue with the draft proposed by the working group right from the first code standard.

Faafoi: Code 'no surprises'

10 April 2019 - Advisers are being told there won't be anything to shock them in the approved code of conduct for the sector.

The Big Read: FMA goes after adviser for alleged non-disclosure

26 March 2019 - Questions about what the professional responsibilities of advisers in a consumer protection regime are lie at the heart of the Financial Advisory Disciplinary Council (FADC)’s first non-disclosure case.

Code process drags on

13 March 2019 - Advisers are stuck in a no-man’s land while they wait for more information on the new code of conduct.

Code still due in coming months

4 February 2019 - The Code Working Group is still on track to deliver a code of conduct for financial advisers to Commerce Minister Kris Faafoi early this year, its chairman, Angus Dale-Jones, says.

Naylor explains why a Level 5 qualification is too low for quality financial advice

3 January 2019 - Massey University Senior Lecturer Mike Naylor says the financial advice sector can't think of education as a box to tick. In this article he explains how the NZQA system works and why a Level 5 qualification is setting the bar too low for good quality financial advice

Newpark aims to double membership

3 December 2018 - New mortgage dealer group Newpark Home Loans has revealed plans to double its membership over the next year as it aims to lure startup brokerages across the country.

Lack of prescription could prompt race to the bottom

30 November 2018 - A high-level, principles-based code of conduct may be hard to apply across the financial advice sector, commentators say.

No code before Christmas

15 November 2018 - A new code of conduct for financial advisers will not be signed off this year.

Everyone should have Level 5: Financial Advice NZ

13 November 2018 - Nominated representatives should not be given any leeway to skip the qualifications required of the rest of the financial advice sector, Financial Advice NZ says.

Can you comply with the new Code?

12 November 2018 - Do you have anything to fear from the new draft Financial Advice Code? Can good insurance advice be given under the Code? Will you make it as a financial adviser under the new regime? Different questions with a common thread.

SiFA slams draft code

12 November 2018 - Financial adviser association SiFA says the working group developing a new code of conduct has abrogated its duty under the Financial Services Legislation Amendment Bill - and that's just one of its problems.  

Colleges prepare for student influx

9 November 2018 - Training institutions are readying themselves for an influx of advisers needing to attain the level five certificate in financial services.

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.19 4.15 ▼4.04 4.49
ANZ Special - 3.65 ▼3.54 3.99
ASB Bank 5.20 4.15 4.09 4.39
ASB Bank Special - 3.65 3.59 3.89
BNZ - Classic - 3.65 ▼3.49 3.99
BNZ - Mortgage One 5.90 - - -
BNZ - Rapid Repay 5.35 - - -
BNZ - Std, FlyBuys 5.30 4.45 4.35 4.55
BNZ - TotalMoney 5.30 - - -
China Construction Bank 5.50 4.70 4.80 4.95
China Construction Bank Special - 3.19 3.19 3.19
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 5.95 - - -
Credit Union Baywide 6.15 4.95 4.95 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.80 4.95 -
Housing NZ Corp 5.19 ▼4.15 ▼4.09 ▼4.39
HSBC Premier 5.24 3.35 3.35 3.35
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 5.65 3.85 3.95 3.89
Kiwibank 5.80 4.30 4.34 4.74
Kiwibank - Capped - - - -
Kiwibank - Offset 5.15 - - -
Kiwibank Special - 3.55 3.59 3.99
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.69 4.79 -
Resimac 5.30 4.86 4.14 4.19
Lender Flt 1yr 2yr 3yr
RESIMAC Special - - - -
SBS Bank 5.29 4.85 5.05 5.49
SBS Bank Special - 3.69 3.69 ▼3.89
Sovereign 5.30 4.15 4.29 4.55
Sovereign Special - 3.65 3.75 4.05
The Co-operative Bank - Owner Occ 5.15 3.65 3.59 3.99
The Co-operative Bank - Standard 5.15 4.15 4.09 4.49
TSB Bank 6.09 4.65 4.59 4.85
TSB Special 5.29 3.85 3.79 4.05
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.34 - - -
Westpac Special - 3.65 ▼3.54 3.99
Median 5.35 4.15 4.09 4.19

Last updated: 20 September 2019 9:30am

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The maximum remuneration model for Australian life insurance advisers is to be set at what?

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