Archive - 2020
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
March 2020
25 Mar 2020 NZFSG outlines FAP plan; ASB rate cut; Six-month mortgage holidays
25 Mar 2020 ASB matches 3.05% rate
25 Mar 2020 Advice businesses under pressure 'on two fronts'
25 Mar 2020 NZFSG rolls out its FAP
24 Mar 2020 Partners Life responds to 'unprecedented environment'
24 Mar 2020 Government support package helps NZ shares rally
24 Mar 2020 Six-month mortgage holiday for borrowers
24 Mar 2020 CoFI delay welcomed
24 Mar 2020 Transitional licensing start date pushed back
24 Mar 2020 COMMENT: Property from the trenches
24 Mar 2020 Cigna joins redundancy cover freeze
24 Mar 2020 Westpac slashes fixed rates; Uncharted territory for advisers
24 Mar 2020 Advisers head into uncharted territory
23 Mar 2020 Financial services 'essential'
23 Mar 2020 Newpark makes U-turn on FAP status
23 Mar 2020 NZ shares plunge as country prepares for shutdown
23 Mar 2020 Freeze on rent rises introduced - temporarily
23 Mar 2020 Westpac latest to cut fixed rates
23 Mar 2020 nib: Significant impact coming from Covid-19
23 Mar 2020 Put RTA reform proposals on ice
23 Mar 2020 BNZ slashes 18 month rate to 3.05%
23 Mar 2020 Partners Life supports rainbow community
22 Mar 2020 Regulation slowing: Is FSLAA next?
22 Mar 2020 [GRTV] Investment themes for this decade
21 Mar 2020 Harbour's regional roadshow cancelled
20 Mar 2020 Prominent insurance lawyer dies
20 Mar 2020 [The Wrap] The end of dealer groups as we know it
20 Mar 2020 New Zealand shares joins Asia rally; Air NZ plummets
20 Mar 2020 BNZ enters price war with 3.05% fixed mortgage
20 Mar 2020 SBS and HSBC latest to cut floating rates
20 Mar 2020 How to address tenant job loss in the age of coronavirus
20 Mar 2020 Kiwibank one year cut; key factors to consider
20 Mar 2020 Housing market: 6 factors to consider
20 Mar 2020 How this could be different to the GFC
20 Mar 2020 FMA: Tell us what you need
19 Mar 2020 Fidelity Life makes Covid-19 changes
19 Mar 2020 Stocks hit record lows as market suffers
19 Mar 2020 Partners Life to pay override commission to advisers
19 Mar 2020 Kiwibank cuts one year fixed rate
19 Mar 2020 Great Scott! Newpark has a new leader
19 Mar 2020 RBNZ can't say if or when it may approve AMP Life sale
19 Mar 2020 ANZ moves first with record-low fixed rate
19 Mar 2020 Financial advice conference canned
19 Mar 2020 Adviser clients largely calm through Covid storm
18 Mar 2020 A much better day for NZ shares
18 Mar 2020 ANZ launches record-low major bank rate
18 Mar 2020 Battle against RTA reforms continues
18 Mar 2020 House prices to fall for six months; BNZ, Sovereign floating rate cuts
18 Mar 2020 House prices to fall for six months: ASB
18 Mar 2020 Negative news abounds; but things will get better
17 Mar 2020 New Zealand shares ease as govt unveils $12.1b crutch for business
17 Mar 2020 ASB slashes house price forecasts
17 Mar 2020 More floating rate cuts, but what about fixed rates?
17 Mar 2020 Banks weigh up fixed rate cuts
17 Mar 2020 Passive funds get time to shine: Kernel
16 Mar 2020 Tourism stocks plunge as border effectively closed
16 Mar 2020 What coronavirus means for property investors
16 Mar 2020 Partners puts hold on redundancy cover
16 Mar 2020 Rates fall after emergency OCR cut; reaction from advisers, economists
16 Mar 2020 Banks pass on floating rate cuts after OCR decision
16 Mar 2020 OCR cut: advisers predict slowdown
16 Mar 2020 RBNZ delays new capital rules
16 Mar 2020 Emergency OCR cut: economists give their views
16 Mar 2020 Emergency OCR cut to 0.25%
13 Mar 2020 [The Wrap] Random thoughts on an indiscriminate virus
13 Mar 2020 Bernie jets into Newpark role
13 Mar 2020 NZX50 recovers from horror open in volatile trading
13 Mar 2020 New loan to boost energy-efficient housing
13 Mar 2020 Newpark loses second CEO
13 Mar 2020 Groups apply for Transitional Licensing; ASB and Heretaunga rate changes
13 Mar 2020 Syndicates take big share of commercial purchases
12 Mar 2020 Gunn shoots off to new role
12 Mar 2020 AIA receives Gender Tick accreditation
12 Mar 2020 [GRTV] Trustees face massive changes; but not a lot of time to prepare
12 Mar 2020 Trump travel-ban drives NZX50 to nine-month low
12 Mar 2020 Groups apply for transitional licensing
12 Mar 2020 Financial adviser Barry Kloogh pleads guilty
12 Mar 2020 Housing market powers on – for now
12 Mar 2020 Jeff Royle targets industry leavers
12 Mar 2020 Affordability under pressure - ASB
12 Mar 2020 More career progression likely in new advice world: Shanks
11 Mar 2020 Stock rally stalls as US virus response disappoints
11 Mar 2020 Jeff Royle targets industry leavers
11 Mar 2020 Get on top of boarding house rules
11 Mar 2020 BNZ slashes long-term rates; ASB predicts mortgage rate cuts will be minor
11 Mar 2020 First grants made with holiday homes money
10 Mar 2020 NZ shares recover in modest decline as cooler heads prevail
10 Mar 2020 National plans to ditch rental regulations
10 Mar 2020 Mortgage rate drop will be minor: ASB
09 Mar 2020 Woman 'forgotten' during advice process
09 Mar 2020 NZX50 slumps 3% as investors flee for safe havens
09 Mar 2020 National would ditch proposed rental regulations
09 Mar 2020 Will mortgage rates fall much further?
09 Mar 2020 Property market may slow sharply
09 Mar 2020 Property market may slow sharply: Westpac
09 Mar 2020 MMC buys into Aust firm
09 Mar 2020 [GRTV] Investing's difficult at the moment top manager says
09 Mar 2020 Is your KiwiSaver manager diversified?
09 Mar 2020 Adviser should have stopped relationship scam, complaint says
08 Mar 2020 Kiwis shun professional advice: Report
Latest News
Koura reports another loss
Koura reports another loss
1 min read
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
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