Articles tagged with 'IFA'
[The Wrap] What's the future for Financial Advice NZ?
5 November 2023 - Financial Advice NZ is, arguably, about to enter into a period which will determine its future.
Financial Advice NZ backs Money Week
7 September 2019 - Financial Advice NZ is lending support to messages encouraging Kiwis to have conversations around financial matters this Money Week.
Longstanding adviser supporter signs off
28 March 2019 - One of the staff who kept the Institute of Financial Advisers running smoothly for more than a decade has signed off from adviser associations.
Associations' last days
18 June 2018 - Two organisations that have been at the forefront of financial advice in New Zealand over recent decades are in their final weeks.
Protect advisers, select committee told
9 May 2018 - The select committee considering the Financial Services Legislation Amendment Bill has heard advisers’ concerns that the industry is being “deprofessionalised”.
FSLAB: Still changes to be made, associations argue
26 February 2018 - Financial adviser associations say there’s a risk the Financial Services Legislation Amendment Bill is a step back for professionalisation of the industry.
Committee members to lobby for advice strands
9 January 2018 - Members of Financial Advice New Zealand sub-committees say they plan to advocate for their advice strands as the new association is formed, and regulation overhauled.
Financial Advice NZ recruiting
12 December 2017 - New professional association Financial Advice NZ appears to be addressing concerns about how it will represent all strands of advice, by opting for a system of colleges.
Advice bill faces year-long delay
30 November 2017 - New rules for financial advisers are likely to be delayed until the end of next year.
The Wrap: Has FSC launched a pre-emptive strike on the new adviser association?
10 November 2017 - A question on our minds this week is this: Has the Financial Services Council (FSC) launched a pre-emptive strike on the new Financial Advice New Zealand association?
Quality mark questions
9 November 2017 - A quality mark system is coming - but what will it mean, and how will it fit with the CFP designation?
Target on advisers outside associations
7 November 2017 - Advisers who are not members of a professional association risk becoming disengaged or missing out on important information about the upcoming advice regulation overhaul, the Financial Services Council says.
Getting to Know: Anand Srinivasan
6 October 2017 - Anand Srinivasan has been making waves since he gave up working for a provider to work for himself.
Financial Advice NZ: Much ado about nothing?
29 September 2017 - It could be next year before the groundwork is fully laid for the new financial advisers’ association, pundits suggest.
FANZ versus Financial Advice NZ
19 September 2017 - A legal stoush is brewing over the use of four little letters, and advisers say those developing the new professional body for the industry may not have thought hard enough about its name.
Getting to Know: Toni Dodds
15 September 2017 - She's Fred's daughter, but don't hold that against Toni Dodds.
Triplejump could get boost from new qualification rules
14 September 2017 - Triplejump is expecting upcoming changes to the qualification requirements for advisers to boost demand for its new learning platform.
Under-active RFAs may drop out
29 August 2017 - A large number of advisers are not working full-time and may take the chance to drop out when new advice laws kick in.
Adviser wants 'gold standard' for industry
25 August 2017 - A financial adviser with trans-Tasman experience says New Zealand advisers are subject to insufficient regulation, compared to their Australian counterparts.
Industry demands details
23 August 2017 - The financial advice sector has been left puzzled by the role of nominated representatives in the new financial advice regime, how they will work for Financial Advice Providers, and how consumers might complain about them, should they need to.
Pro-bono work recognised
18 August 2017 - A pro bono initiative run by the Southland branch of the IFA could be replicated across the country when Financial Advice NZ becomes operational.
New legislation may give advice industry new life
16 August 2017 - The financial advice industry is well-positioned for growth, if it is willing to make changes.
Financial Advice NZ? Wait and see
10 August 2017 - One adviser association will wait a couple of years before deciding whether its members will join Financial Advice NZ.
Law changes an imperfect improvement
8 August 2017 - Changes made to the Financial Services Legislation Amendment Bill before it was introduced to Parliament have been welcomed by the financial advice sector - but some say they did not go far enough.
Awards to industry's finest
4 August 2017 - Industry stalwarts and newcomers have been recognised with awards at this year’s joint IFA/PAA conference.
Financial Advice NZ set for take-off
3 August 2017 - Financial Advice NZ's working group has revealed the board who will lead it through the establishment phase.
The start of a new era in financial planning
3 August 2017 - The creation of Financial Advice New Zealand today is being hailed as the start of a new era in financial planning.
Associations give nod to Financial Advice NZ
28 July 2017 - FAA, IFA and PAA have each given the green light for the establishment of the new adviser association, Financial Advice NZ.
Advisers should be whistle-blowers
27 July 2017 - Advisers are blowing the whistle on each other – and industry commentators say that’s to be encouraged.
Financial Advice NZ funding a work in progress
24 July 2017 - Determining exactly how much money will be required to get Financial Advice NZ off the ground, and where it will come from, is something the working group developing the new adviser association is still grappling with.
Review a resounding win for the 'big end of town'
19 July 2017 - Murray Weatherston, a founding member of SIFA, talks to us about the Financial Adviser Review Act, where it’s going and some of his thoughts on it.
Getting to Know: Michael Naylor
14 July 2017 - Michael Naylor has spent a lot of time studying financial advisers - but he wants you to know he's not a "loony-leftie" academic.
Call for consistent retirement savings target guidelines
7 July 2017 - Advisers say their clients welcome having a benchmark savings target to aim for in retirement – but the industry would be better served if there was a consensus view.
FMA rules could stop KiwiSaver robo before it starts
6 July 2017 - Plans that would allow roboadvice to enter the New Zealand market as early as next year may stop KiwiSaver providers getting involved.
Advisers told: Your voice will be heard
4 July 2017 - First-hand adviser input will be critical for the working group tasked with developing the new code of conduct for financial advisers, the group’s chair, Angus Dale-Jones, says.
Getting to Know: Michael Dowling
31 March 2017 - Is this the only financial adviser in New Zealand who owns a tank?
Advisers tackle client-first question
28 October 2016 - A very useful session of industry commentators was held last week at a forum initiated by the IFA and PAA on the contentious subject of “putting the interests of the client first” versus “acting in the best interests of the client”, writes IFA chief executive Fred Dodds.
Advisers need advertising campaign
5 October 2016 - Financial advisers may need a large-scale consumer education campaign to help the general public understand what they offer.
Associations swerve Money Week
31 August 2016 - Adviser groups are giving Money Week a miss this year.
Formal Financial Advice NZ conversations start next month
26 August 2016 - More of the countries’ adviser associations will be approached more formally early next month about the possibility of becoming involved with Financial Advice New Zealand.
Govt should bear more of FMA funding cost: IFA
9 August 2016 - New Zealand's Government should step up funding of the Financial Markets Authority, to avoid the burden being passed to industry participants, the Institute of Financial Advisers says.
Financial Advice NZ could play regulatory role
3 August 2016 - Advisers could partially be regulated by Financial Advice NZ, rather than the FMA, if the new organisation can get sufficient support from the industry.
Jennings gets top IFA award
2 August 2016 - Former Fidelity Life chief executive Milton Jennings was given the IFA’s “Outstanding Contribution to the Profession” Award at this year’s National Adviser Conference.
IFA mum on FANZ vote
26 July 2016 - The Institute of Financial Advisers has voted on the formation of Financial Advice New Zealand – but will not reveal what it has decided.
IFA checks in on RFA members
25 July 2016 - IFA has approached its non-AFA members, to warn them they face the need to upskill to keep up with Financial Advisers Act changes.
[OPINION] Proposed two-tier system has major flaws
19 July 2016 - IFA Manager, Member Learning & Development Andrew Gunn says the FAA proposals have some laudable aspirations however it has a major loophole which benefits QFEs.
Industry groups seek more information
29 June 2016 - There’s tentative support for the establishment of Financial Advice New Zealand from some of the industry’s other professional bodies – but a call for more detail.
Associations expecting 'yes' vote
28 June 2016 - PAA’s chief executive says he would be very surprised if his organisation's members did not vote in favour of the establishment of Financial Advice New Zealand.
Your views on the (proposed) new adviser association
16 June 2016 - TMM Online last week asked mortgage advisers what they thought about the idea of a new association to represent all the various disciplines. Here's what people are saying.
Clarification offered on Financial Advice NZ questions
14 June 2016 - A Q&A detailing the closure of the IFA and PAA, posted on both organisations’ websites, as an early draft that had been superseded, the IFA’s president says.
Details of Financial Advice NZ yet to be worked out
10 June 2016 - It is too soon to say what the structure of a new professional association to represent financial advisers might look like, says IFA president Michael Dowling.
PAA and IFA reveal plans to launch new, unified organisation
9 June 2016 - The Institute of Financial Advisers and the Professional Advisers Association have told members they plan to create a new organisation: Financial Advice New Zealand
PAA and IFA reveal plans to launch new, unified organisation
9 June 2016 - The Institute of Financial Advisers and the Professional Advisers Association have told members they plan to create a new organisation: Financial Advice New Zealand
Associations' stance questioned
20 April 2016 - New Zealand's adviser associations are being criticised for what is described as an attempt to use the Financial Advisers Act to promote their own position in the industry.
IFA recognises Jennings' achievements
7 April 2016 - IFA chief executive Fred Dodds presented the Chairman's Awards to outgoing Fidelity Life chief executive Milton Jennings. Here's what he said.
Where is the line for 'disrepute', IFA asks
1 April 2016 - The Institute of Financial Advisers wants more clarity around authorised financial advisers’ obligation not to bring the industry into disrepute.
Advisers criticised for no-show
24 March 2016 - A low level of adviser turnout at recent roadshows has exasperated the Professional Advisers Association (PAA) chief executive.
Conference registrations open
1 March 2016 - This year’s IFA and PAA joint conference is open for registrations.
Single association would have more clout: Dodds
17 February 2016 - A united professional association representing financial advisers would have more chance of picking up regulatory and compliance functions for the industry, the chief executive of the Institute of Financial Advisers (IFA) says.
Focus on what's important in 2016
30 December 2015 - Advice industry needs to start the new year on the right foot, writes Institute of Financial Advisers chief executive Fred Dodds.
Pro bono work for IFA members
8 December 2015 - The IFA will decide early in the new year whether a programme of pro bono work by its advisers will go ahead. President Michael Dowling said discussions...
Advisers: MJW report not fair
23 November 2015 - Advisers and their remuneration structures have been unfairly singled out for criticism, the Professional Advisers Association says.
Another joint conference planned
17 September 2015 - Another joint conference is planned by the Institute of Financial Advisers and the Professional Advisers Association.
Just under 50 free advice calls
9 September 2015 - IFA advisers fielded 49 inquiries when they manned the phones offering free advice during Money Week last week.
Bad times are gone: Dodds
17 August 2015 - Clients of financial advisers should feel confident that the “horrible times” of the finance company collapses are gone and will not be repeated, an adviser association boss says.
Submissions call for big law changes
22 July 2015 - The Financial Advisers Act (FAA) needs to stop thinking about advisers in terms of the products they deal in and start thinking about how they put them to work for their clients, the Institute of Financial Advisers (IFA) says.
IFA to take part in global survey
30 June 2015 - The Institute of Financial Advisers is taking part in "a landmark global study" to find out about consumers' attitudes to financial advice.
Ethical approach a business opportunity
18 June 2015 - New Zealand financial advisers are increasingly willing to consider the ethics of how they run their business, one specialist says.
Advisers asked for input
12 June 2015 - Advisers have been handed five key questions that will help the IFA and PAA make a submission on the Financial Advisers Act review.
Conference nearly full
26 May 2015 - Have you got your tickets to the National Advisers Conference yet?
Dodds: Higher requirement inevitable
18 May 2015 - New Zealand’s financial advice sector “seriously needs to wake up” to the need for degree-level qualifications, says the chief executive of the Institute of Financial Advisers.
Associations must change, IFA bosses say
13 May 2015 - Change may be inevitable if New Zealand’s financial adviser associations are to survive, it has been suggested.
Cortesi: Many want association merger
31 March 2015 - It is inevitable that the financial services industry’s professional bodies will have to work more closely together in future, the president of the PAA says.
Getting to know...Fred Dodds
13 March 2015 - Today we launch a new weekly feature where you get to meet some of the key people in your industry. The first in our Getting to Know series is none other than IFA chief executive Fred Dodds.
Tell MBIE what you think of regulation
13 March 2015 - Advisers are being asked to fill out a survey for the Ministry of Business, Innovation and Employment on what they think about regulation of the sector, as part of the review of the Financial Advisers Act.
Cowboy ad leaves advisers' saddle sore
4 July 2011 - The Financial Markets Authority's (FMA) new advertising campaign, with the tag line 'cowboys belong in the movies, not the financial markets' has sparked anger among advisers and a formal complaint to the Advertising Standards Authority.
IFA conference relocates to Wellington
17 March 2011 - The Institute of Financial Advisers (IFA) has moved its conference from Christchurch to Wellington, though the July 13-15 dates remain unchanged.
Glut of documents could hinder due diligence, IFA says
3 July 2009 - The glut of documents requiring submissions on the regulation of financial advisers could impact on the level of diligence, according to the Institute of Financial Advisers.
Institute defends naming
19 May 2009 - Institute of Financial Advisers president Lyn McMorran has defended the group's decision to name and shame two South Island advisers who were found guilty of breaching the institute's code of ethics.
IFA welcomes Cotton appointment, deadline back on track
15 May 2009 - The Institute of Financial Advisers has welcomed the appointment of Annabel Cotton as commissioner for financial advisers, and is confident next year's regulation deadline can still be met.
IFA applies shame factor
13 May 2009 - For the first time the Institute of Financial Advisers (IFA) has named advisers found guilty by the organisation's disciplinary committee. INLCUDES links to decisions
