Articles tagged with 'NZFSG'
24 March 2021 - Advisers have criticised the Government's radical housing market reforms, which will have a significant impact on investors.
10 March 2021 - NZFSG and Loan Market's Brian Greer said advisers benefited from a "phenomenal surge" in mortgage business last year, and believes the sector is on the brink of its biggest opportunity in decades.
15 February 2021 - NZFSG has hired its first senior compliance manager ahead of the new licensing regime that comes into effect on March 15.
18 November 2020 - [UPDATED] NZFSG's merger with Kepa has received regulatory approval and closed on October 30 as planned, according to the group's chief executive Brendon Neal. CORRECTED STATEMENT FROM COMMERCE COOMMISSION.
12 October 2020 - Advisers have expressed concerns that a combined NZFSG-Kepa group would exert too much control over the New Zealand market: [READ ON]
SBS has slashed...
12 October 2020 - Advisers have expressed concerns that a combined NZFSG-Kepa group would exert too much control over the New Zealand adviser market.
1 October 2020 - NZFSG has taken over rival group Kepa, as adviser businesses consolidate ahead of the new regulatory regime.
22 September 2020 - Brian Greer, the chief executive of Loan Market New Zealand, is stepping down from his role at the adviser business.
1 September 2020 - Advisers say the second lockdown was easier to navigate than the shutdown in March, with stronger business activity and less disruption than before.
12 August 2020 - Mortgage advisers are preparing to run their businesses under lockdown once again as Auckland goes into alert level three at midday.
17 June 2020 - Banks have stopped taking on new borrowers above 80% LVR, despite the end of loan-to-value ratio restrictions last month.
12 May 2020 - Mortgage advisers are planning their return to the office this week as New Zealand enters level two lockdown, but face-to-face client meetings could pose challenges for the sector.
28 April 2020 - NZFSG CEO Brendon Smith has shared his top predictions for how the mortgage advice industry will change after the Covid-19 crisis: [READ ON]
Could the...
28 April 2020 - NZFSG CEO Brendon Smith has shared his top predictions for how the mortgage advice industry will change after the Covid-19 crisis.
15 April 2020 - Advisers say servicing tests have become even tougher during the Covid-19 crisis, with banks testing borrowers on virus-constrained current income.
1 April 2020 - NZFSG's head of growth Bruce Patten has taken on a mentoring role for Loan Market's top-performing advisers in Australia and New Zealand: [READ...
1 April 2020 - NZFSG's head of growth Bruce Patten has taken on a mentoring role for Loan Market's top-performing advisers in Australia and New Zealand.
30 March 2020 - The country's largest dealer group, NZ Financial Services Group, has canned its awards as it doesn't want the wrath of the regulator: [READ ON]
Major...
27 March 2020 - The country's largest dealer group, NZ Financial Services Group, has canned its awards as it doesn't want the wrath of the regulator.
25 March 2020 - NZ Financial Services Group has invited members to join its FAP and has released pricing to the market: [READ ON]
Borrowers affected by the coronavirus...
25 March 2020 - NZ Financial Services Group is inviting all its members to join its FAP and has released pricing to the market.
16 March 2020 - The Reserve Bank's decision to lower the official cash rate to 0.25% is good news for borrowers, but advisers fear Covid-19 will significantly slow activity in the housing market.
12 March 2020 - Dealer groups have stepped up preparations for the new regulatory regime by applying for their financial advice provider licences.
12 February 2020 - Keep an eye out for TMM Online's coverage of the latest RBNZ Official Cash Rate announcement and Monetary Policy Statement from 2pm this afternoon...
10 February 2020 - NZFSG/Loan Market has hired a new head of customer experience as it adjusts to the demands of the new regulatory environment.
15 November 2019 - At the TMM Better Business Conference this week, adviser groups debated rising membership costs under the new regulatory regime. Some believe membership...
15 November 2019 - Dealer groups say the cost of membership is likely to rise under the new regulatory regime, with estimates ranging from $3,000 to $21,000 extra per year.
6 November 2019 - Bluestone and NZFSG/Loan Market have gone live with straight-through processing in an effort to reduce turnaround times.
2 October 2019 - A former Mortgage Link team in Palmerston North has spun out to form their own business, joining NZFSG.
9 September 2019 - NZFSG advisers have embraced the company's Select Home Loans white-label product, lodging around $250 million in applications in the first couple of months.
5 September 2019 - 5% deposits for first home buyers – it’s one of the centrepieces of the KiwiBuild “reset” – but advisers are asking whether it will actually make the sort of difference hoped for.
23 July 2019 - Good morning. No rate changes today after BNZ's big move yesterday.
Some news from the groups; some well-known faces are taking on new roles...
23 July 2019 - Loan Market and NZFSG have made some changes to their business development roles as they prepare for the new regulatory regime.
17 July 2019 - ASB has changed its commission payment system to speed up the process for mortgage advisers — but the move won't see it pay trail.
3 July 2019 - No rate changes to speak of this morning.
NZFSG CEO Brendon Smith spoke to us about the group's licensing choices under the new financial advisers'...
2 July 2019 - Groups planning to operate under the new financial advice regime without a FAP license may be “left wondering what the future holds”, according to the CEO of NZFSG.
13 May 2019 - NZFSG and Loan Market have entered into a five-year deal to offer its own branded home loan product using one of the Australian non-bank lenders.
9 October 2018 - Adviser group NZFSG has taken its vehicle and asset financing processing in-house as it aims to ramp up car loan volumes.
23 July 2018 - The three mortgage groups that made submissions on the Code Working Group's proposals offered opposing views on ethics and who should take responsibility for advice given.
18 July 2018 - Veteran mortgage adviser Bruce Patten has hung up his shingle as a broker and moved into a new role at the NZ Financial Services Group.
11 April 2018 - ANZ has raised the servicing rate required for mortgage approvals, according to advisers.
13 November 2017 - BNZ is set to launch an electronic lodgement process to help advisers and improve turnaround times on loan applications.
11 October 2017 - Relationships between mortgage advisers and real estate agents are being questioned by Consumer NZ, which is concerned about financial kickbacks.
5 September 2017 - Eighteen months after leaving dealer group NZFSG, Cameron Marcroft has been named new mortgage adviser of the year. Here's his story.
28 October 2015 - BNZ’s decision to resume distribution of home loans through mortgage advisers has gone better than expected. While the bank hasn't disclosed the volume of business it has written it has confirmed TMM Online's figures are correct.
7 July 2015 - New Zealand's largest mortgage-based dealer group has cracked the $1 billion mark for the first time.
29 June 2015 - BNZ says it is well ahead of target with its re-entry into the mortgage adviser market.
29 May 2015 - Two of the biggest mortgage writers in the Kepa Group have switched camps and moved to New Zealand Financial Services Group.
13 May 2015 - After spending 11 years with Liberty Financial Geoff Styche has decided to leave the company and establish his own mortgage advisory business.
His new...
10 April 2015 - BNZ will officially return to the mortgage adviser market after controversially leaving it 12 years ago.
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