Archive - 2014
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
November 2014
21 Nov 2014 FMA: Pressure on finances
21 Nov 2014 Mixed bag for regional performance
20 Nov 2014 Kiwibank hits the brakes
20 Nov 2014 Westpac's Special rates of change
20 Nov 2014 Kiwibank hits lending brakes
19 Nov 2014 Encourage KiwiSaver engagement: ANZ
19 Nov 2014 Accept regulatory change, new committee member says
19 Nov 2014 Allow banks to assess borrowers' risk: Newland
19 Nov 2014 A Labour win for landlords to celebrate
18 Nov 2014 Former OnePath Life boss gets retirement job
18 Nov 2014 Boyle: Challenges ahead for advisers
18 Nov 2014 Call for property manager regulation
17 Nov 2014 Fidelity up for top award
17 Nov 2014 Former PIMCO boss gets a big bonus: Report
17 Nov 2014 Website encourages churn
17 Nov 2014 Harcourts: LVRs bad for NZ
17 Nov 2014 Auckland rents rise
17 Nov 2014 Bank's LVR move the right one, economists say
15 Nov 2014 ASB group goes sub six percent
15 Nov 2014 [Weekly Wrap] Some questions for the regulators
14 Nov 2014 New members for Code Committee
14 Nov 2014 Five-plus property investment rule changing
14 Nov 2014 Property investors maybe subject to new income rule
14 Nov 2014 OnePath tweaks products
14 Nov 2014 Rumours AMP dropping active stance
13 Nov 2014 Diversification - what's the point?
13 Nov 2014 Cut insurance costs with KiwiSaver
13 Nov 2014 Audits a struggle for advisers
13 Nov 2014 Auckland median price hits new record
13 Nov 2014 30-year interest-only loan 'provides options'
12 Nov 2014 North Asia and deflation
12 Nov 2014 LVR restrictions staying
12 Nov 2014 LVR restrictions to stay for some time
12 Nov 2014 DIMS 'continuum' may prove frustrating
11 Nov 2014 SPI directors banned for five years
11 Nov 2014 Former AXA man joins Southern Cross
11 Nov 2014 Advisers 'out of their depths'
11 Nov 2014 Bond investing and financial advisers
11 Nov 2014 Rents soar in Christchurch
11 Nov 2014 Council site still struggling
10 Nov 2014 Asteron takes out gong, again
10 Nov 2014 BNZ and RESIMAC move rates
10 Nov 2014 FMA wants feedback on personalised DIMS rules
10 Nov 2014 AML non-compliance revealed
10 Nov 2014 Buyers feeling more confident: ASB
08 Nov 2014 Commercial returns at six-year high
07 Nov 2014 [Weekly Wrap] It's going to take a long time
07 Nov 2014 What is regulation's purpose?
07 Nov 2014 What do you think of councils' land use rules?
06 Nov 2014 What the mortgage leaders are thinking
06 Nov 2014 Review a starting point for FAA discussion
06 Nov 2014 Auckland accelerates away again
05 Nov 2014 SBS moves down again
05 Nov 2014 New advisory council for FDRS
05 Nov 2014 DIMS regulations approved
05 Nov 2014 200% commissions raise eyebrows
05 Nov 2014 Trade Me prices at record high
05 Nov 2014 Agreement tackles double commission conundrum
05 Nov 2014 Market recovers from election uncertainty
04 Nov 2014 Don't ditch growth at 50
04 Nov 2014 Private landlords may be big winners in Govt plans
04 Nov 2014 Pressure on prices, Harcourts says
04 Nov 2014 Night flights 'boost Queenstown market'
03 Nov 2014 NZ Super Fund drops AMP
03 Nov 2014 PGC trading resumes
03 Nov 2014 Decline in health insurance rates stabilising
03 Nov 2014 [Weekly Wrap] Why doesn't everyone have to put the clients' interests first?
03 Nov 2014 More short term home loan rate cuts
03 Nov 2014 Break down investment costs: O'Grady
03 Nov 2014 October rebound reported
03 Nov 2014 ASB expects migration price pressure
October 2014
31 Oct 2014 ANZ staff drive solid result
31 Oct 2014 Co-operative Bank loses court battle over branding
31 Oct 2014 HSBC does it again
31 Oct 2014 Is the Financial Advisers Act working?
31 Oct 2014 FMA has eye on commissions
31 Oct 2014 Hamilton not cheap, affordable
31 Oct 2014 Consents drop 10%
31 Oct 2014 Price rises not consistent
30 Oct 2014 OCR good news for borrowers
30 Oct 2014 BNZ books big profit on lending turnaround
30 Oct 2014 Kepa head of ops leaves
30 Oct 2014 Here is what the RB governor said today
30 Oct 2014 What the Reserve Bank said
30 Oct 2014 Investors 'not fazed' by Gross departure
29 Oct 2014 PGC shares suspended
29 Oct 2014 Please complete our lending survey
29 Oct 2014 Aussie providers slow to accept portability
29 Oct 2014 Advisers not recognising complaints: FSCL
29 Oct 2014 Confidence in agents slipping
28 Oct 2014 [Weekly Wrap] Drumming up complaints unnecessary
28 Oct 2014 New Nelson adviser for Plus4
28 Oct 2014 Changes to interest rate forecasts
28 Oct 2014 Adviser designations need attention: Scott
28 Oct 2014 OCR predictions change
27 Oct 2014 Big changes to interest rate forecasts
25 Oct 2014 City's yields analysed
25 Oct 2014 Very little crystal clear with Govt's state housing plans
24 Oct 2014 Van Eyk liquidation application due in court
24 Oct 2014 Your Guide to the FAA Review
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