Opes censured by FMA for poor practices
High-profile property advice firm Opes has been censured by the FMA for failing to comply with a number of obligations under its Financial Advice Provider licence.
Christchurch-based Opes is not a traditional financial planning firm, It runs a vertically integrated model combining property sales, investment planning, mortgage advice, and accounting and property management.
“The business model creates a risk of conflict of interest between the financial advice provider and the client, making adequate policies and procedures in this area, and the implementation ...MORE»
AI financial advice maybe breaching the lawThursday, December 11th, 7:42AM 1 comment
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Booster's innovation fund grows its pipeline of opportunitiesThursday, December 11th, 6:04AM
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New RBNZ gov Anna Breman: so far, so good
[OPINION] The one thing that newly installed Reserve Bank governor Anna Breman has demonstrated is that she isn’t shy of being in the public eye and she is stressing the need for the central bank to exercise transparency and accountability.
On her second day in the job, last week, she appeared before parliament’s finance and expenditure committee and then on day 10, she hosted a breakfast meeting for finance journalists, mingling and being personally introduced and then sitting for a half-hour Q and A session.
Breman certainly has plenty of monetary policy chops, having served six years at Sweden’s central bank, the Sveriges ...MORE»
Generate lowers feesTuesday, December 9th, 8:44AM
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The Technology Everyone Got Right (but it didn’t necessarily make them rich)Monday, December 8th, 9:24AM
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Castlepoint funds take unexpected hit
Two of Castlepoint's funds have taken an unexpected hit following accounting irregularities in one of their long term holdings, Corporate Travel Management (CTD). MORE»
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
The Technology Everyone Got Right (but it didn’t necessarily make them rich)
Most pundits are comparing the today’s AI boom to the Dot-Com/Telecoms bubble of the late 1990’s. It is a tempting analogy, it had hype, over-investment and soaring expectations, but it wasn’t a technology that rewired the entire economy. MORE»
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Life expectancy should be bigger news than it is
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New RBNZ gov Anna Breman: so far, so good
[OPINION] The one thing that newly installed Reserve Bank governor Anna Breman has demonstrated is that she isn’t shy of being in the public eye and she is stressing the need for the central bank to exercise transparency and accountability. MORE»
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Clarity for Clarity Funds
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Paying advisers for KiwiSaver advice
Amova (nee Nikko) has rolled out a new remuneration option for advisers offering KiwiSaver advice. MORE»
