Archive - 2019
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
June 2019
19 Jun 2019 Online advice an opportunity for KiwiSaver: SuperRatings
18 Jun 2019 NZ shares gain as investors eye upcoming Fed meeting
18 Jun 2019 Bank of mum and dad backing first home market: Westpac
18 Jun 2019 Transforming commercial investment
18 Jun 2019 Mercer appoints local wealth boss
18 Jun 2019 Prospa builds NZ team; turmoil for ANZ
18 Jun 2019 A Capital Offence
18 Jun 2019 Campaign focuses on emotional connection to promote insurance
18 Jun 2019 Trevor Slater finds new home
18 Jun 2019 Nine business partners signed up for Financial Advice NZ
17 Jun 2019 Prospa adds two New Zealand BDMs
17 Jun 2019 Blue chip stocks weigh market down
17 Jun 2019 Urgent building law reform needed - Goff
17 Jun 2019 Hisco departs ANZ after expenses review
17 Jun 2019 TSB cuts 18 month rate; servicing test concerns
17 Jun 2019 Pace of change stretching industry limits
15 Jun 2019 [The Wrap] A global view of financial planning
14 Jun 2019 US rate uncertainty buoys local blue chips; NZ shares edge higher
14 Jun 2019 Servicing tests to slow house price growth
14 Jun 2019 Regional markets step up the pace
14 Jun 2019 Market rebound coming
14 Jun 2019 Fund classification could trip up investors: Adviser
14 Jun 2019 Shaking the Salt shaker
13 Jun 2019 NZX edges higher: Ebos, Auckland Airport, Mainfreight hit records
13 Jun 2019 Market rebound coming - Westpac
13 Jun 2019 Trade tensions impact global growth
13 Jun 2019 Resimac cuts rates; Prospa lists on ASX
13 Jun 2019 New chief operating officer for Fidelity Life
13 Jun 2019 AFA's robo offering hits $1m FUM
12 Jun 2019 Good day on NZX
12 Jun 2019 Prospa raises more than $100 million
12 Jun 2019 Resimac slashes rates again
12 Jun 2019 COMMENT: Ditching Accommodation Supplement not the answer
12 Jun 2019 Westpac lowers rates; call to license landlords
12 Jun 2019 Sorted denied funding for independent robo offer
12 Jun 2019 NZ shares follow ASX higher on optimism over US trade deal
11 Jun 2019 Chief operating officer for Castle Point Funds
11 Jun 2019 Record low OCR awaits
11 Jun 2019 New Zealanders not protecting themselves
11 Jun 2019 Everett tells insurance companies time's up and regulatory change is coming
11 Jun 2019 Adviser only KiwiSaver product in development
10 Jun 2019 NZ shares fall as Australian holiday saps trading volumes
10 Jun 2019 Economists predict new record low for OCR
10 Jun 2019 Call to license landlords
10 Jun 2019 FNZC becomes Jarden
10 Jun 2019 SBS changes adviser model; ANZ and Kiwibank cut rates
10 Jun 2019 KiwiSaver and risk, how far out of bounds are we?
10 Jun 2019 KiwiSaver could help fill advice gap
10 Jun 2019 Lockyer returns to head up new venture
10 Jun 2019 Finzo gets global tick
09 Jun 2019 SBS changes its broker model
08 Jun 2019 Customers sceptical about bank advice
07 Jun 2019 Sharemarket back above the 10,000 mark
07 Jun 2019 TSB sees mortgage growth
07 Jun 2019 NZ Funds welcomes regulations to the party
07 Jun 2019 TSB cuts rates; Auckland remains subdued
07 Jun 2019 Cliffe: KiwiSaver tax underpayment issues mask bigger problem
07 Jun 2019 FundSource finally sold, but competition for research heating up
06 Jun 2019 Shares gain as growth stocks recover; Comvita bounces
06 Jun 2019 Fine for misusing FSPR
06 Jun 2019 Booster appoints executive director
06 Jun 2019 Super City sales down 20% on last May
06 Jun 2019 Serial failure to lodge bonds earns massive fine
06 Jun 2019 Big banks not releasing submissions on RBNZ proposals
06 Jun 2019 Manage your value expectations
06 Jun 2019 Insurers welcome mental health boost
06 Jun 2019 Thematic ETFs: Advisers' active passive strategy
06 Jun 2019 FMA still working on funding for FSLAA
05 Jun 2019 NZ shares edge higher; A2 recovers some ground lost on China fears
05 Jun 2019 KiwiSaver statements to include weekly income
05 Jun 2019 Banks refuse to release submissions on RBNZ proposals
05 Jun 2019 Auckland exodus benefits regions
05 Jun 2019 Beware 2021 leading researcher says
05 Jun 2019 Privacy guidelines under review
05 Jun 2019 Commissions - upfront and pendulum
05 Jun 2019 Authority backs Partners Life over ads
04 Jun 2019 Sharemarket drop below 10,000; A2 slumps on China fears
04 Jun 2019 Tale of two halves
04 Jun 2019 Interesting times at ANZ
04 Jun 2019 ANZ chair Key faces calls to resign
04 Jun 2019 Staff: It was all Kloogh's responsibility
03 Jun 2019 Booster welcomes new fund but says more needs to be done
03 Jun 2019 St John honoured
01 Jun 2019 COMMENT: Tenant selection turned into a lotto draw
May 2019
31 May 2019 [The Wrap] Where were the clues in the Kloogh case?
31 May 2019 NZ shares snap 5-day slide; Auckland Airport hits new high
31 May 2019 A new low reached; New lender comes to market
31 May 2019 Conrad Funds targets growth with mortgage fund
31 May 2019 Association to lobby minister for KiwiSaver changes
30 May 2019 Fears over global growth drive NZX, not the Budget
30 May 2019 BUDGET: No additional funding for FSLAA implementation
30 May 2019 BUDGET: $300m for new fund
30 May 2019 BUDGET: Govt says National cost Super Fund $24.1 billion
30 May 2019 What’s up with home building?
30 May 2019 ANZ New Zealand CEO takes extended sick leave
30 May 2019 Here's why you haven't seen many CEOs and senior execs recently
30 May 2019 Don’t wait - get compliant
29 May 2019 NZ shares fall as more Commercial Bay delays weigh on Fletcher, Precinct
29 May 2019 Reserve Bank: Insurers' solvency standards under scrutiny
29 May 2019 No further LVR easing - yet
Latest News
Can AI pick the best KiwiSaver provider?
Can AI pick the best KiwiSaver provider?
4 min read
[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
Latest Comments
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
1 week 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?
3 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.
3 weeks ago P Urbani