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Philip Macalister
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Clear Filter
September 2007
03 Sep 2007
News Round Up
03 Sep 2007
Taranaki: Under the mountain
03 Sep 2007
Website: NoCowboys.co.nz
August 2007
31 Aug 2007
Weekly Wrap: Your views on finance companies
31 Aug 2007
KiwiSaver Expo
31 Aug 2007
KiwiSaver enrolments hit 130K
31 Aug 2007
Online broker adds health insurance
31 Aug 2007
How to avoid fin coy chaos
31 Aug 2007
Market braces for further finance company reports
30 Aug 2007
Market braces for further finance company reports
30 Aug 2007
Five Star latest failure
30 Aug 2007
Good and bad news on fin coys
30 Aug 2007
South Canterbury reports strong position
29 Aug 2007
Hanover confirms record profit
29 Aug 2007
Councils stumped by affordable housing issues
29 Aug 2007
Liontamer WATER Roadshow
29 Aug 2007
KiwiSaver ad labelled misleading
29 Aug 2007
BNZ mortgage market share slips
29 Aug 2007
Adviserlink - Advice Process I: The sales approach
28 Aug 2007
Liontamer WATER Roadshow
28 Aug 2007
Breakfast with the Economists
27 Aug 2007
Yellow Pages offer halved
27 Aug 2007
Banks push up call rates
27 Aug 2007
Lenders pitch for borrowers' business
27 Aug 2007
Online auctions hit home loan market
27 Aug 2007
Adviserlink - Personal Risk Management
27 Aug 2007
OUR VISION YOUR DREAM – The Pacific at Mount Maunganui
27 Aug 2007
News Round Up
24 Aug 2007
Supporting advisers
24 Aug 2007
Strategic books $30 mill profit
24 Aug 2007
Liontamer WATER Roadshow
24 Aug 2007
Govt to tidy up finance company scene
23 Aug 2007
ABN AMRO Craigs launches new superannuation initiative
23 Aug 2007
Liontamer WATER Roadshow
23 Aug 2007
Understanding Ratings
23 Aug 2007
Personalised KiwiSaver accounts added
23 Aug 2007
Conflicting rate messages
23 Aug 2007
HFANZ announces new president & executive director
22 Aug 2007
Five point plan for investing in finance companies
22 Aug 2007
Liontamer WATER Roadshow
22 Aug 2007
Yellow Pages bonds at 11%
22 Aug 2007
End to long standing planner partnership
22 Aug 2007
PIEs a tasty treat for investors
21 Aug 2007
Adviserlink – Kiwisaver Superannuation Programme
21 Aug 2007
Nathans receivership confirmed
21 Aug 2007
Property market swings in buyers’ favour
21 Aug 2007
Liontamer WATER Roadshow
21 Aug 2007
Insurance commission disclosure must go, industry tells Dalziel
20 Aug 2007
Similiarities between Nathans and Bridgecorp
20 Aug 2007
Nathans Finance falls over
20 Aug 2007
Adviserlink – NZ Financial Services Industry Essentials
20 Aug 2007
Nathans Finance falls over
20 Aug 2007
Adviserlink – NZ Financial Services Industry Essentials
20 Aug 2007
Asset Allocation Summit NZ 2007
20 Aug 2007
PFS abandons bid for CBS
20 Aug 2007
Researcher strikes back
20 Aug 2007
News Round Up
20 Aug 2007
Well-known manager joins MFS
20 Aug 2007
Westpac increases rates
18 Aug 2007
Foreign investment on the rise
17 Aug 2007
Weekly Wrap: Commissions back on agenda
17 Aug 2007
Commission disclosure back on the agenda
17 Aug 2007
Nothing likely for Bridgecorp noteholders
17 Aug 2007
Credit crisis presents opportunities
17 Aug 2007
Office tenants embrace green initiatives
16 Aug 2007
Fidelity shares higher but hard to find
16 Aug 2007
ASSET - Beyond Bridgecorp
16 Aug 2007
Better saved than sorry: Treasury
16 Aug 2007
Hopcroft made associate
16 Aug 2007
Lack of business zoned land in the Auckland region
15 Aug 2007
Census 2006 confirms declining home ownership
15 Aug 2007
Capital Guaranteed Investments Seminar
15 Aug 2007
Loan Market looks to life for growth
15 Aug 2007
Changes to super fund rules announced
15 Aug 2007
Loan Market looks to life for growth
15 Aug 2007
Planner takes on Life Settlements Fund role
14 Aug 2007
Adviserlink – Financial Plan Construction and Review
14 Aug 2007
ASFONZ Forum 2007
14 Aug 2007
Capital Guaranteed Investments Seminar
14 Aug 2007
Australian hedge fund operator opens NZ shop
14 Aug 2007
Landlords need to properly lodge bonds
13 Aug 2007
Deposit rate news briefs
13 Aug 2007
News Round Up
13 Aug 2007
Adviserlink – Business Financial Solutions
13 Aug 2007
Property market continues to slow: QV
13 Aug 2007
Website: SuburbWatch adds new features
12 Aug 2007
Calls to blacklist “tenants from hell”
10 Aug 2007
Major medical cover proving popular
10 Aug 2007
Weekly Wrap: Credit crunch continues
10 Aug 2007
National campaigning on housing supply
10 Aug 2007
Lending gets harder for fin coys
10 Aug 2007
AIA appoints group business manager
09 Aug 2007
Sales volumes plummet to 2001 level – REINZ
09 Aug 2007
BT NZ likely to join new listing
09 Aug 2007
Adviserlink – Investment Planning
09 Aug 2007
Yellow Pages considers $300 mill bond offer
09 Aug 2007
Asteron National Roadshow
09 Aug 2007
Asteron National Roadshow
09 Aug 2007
Calls to speed up regulation
09 Aug 2007
“Tenants from hell” take advantage of Tribunal delays
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Latest News
AIA moves into wealth with annuity launch planned
3 min read
Kernel grown from plucky start-up to a genuine disruptor
3 min read
Flood tide for Harbour
3 min read
Advisers hope AI widens market
2 min read
Latest Comments
AIA moves into wealth with annuity launch planned
This is great news indeed, well done AIA. I hope you were able to solve the tax treatment which plagued this cornerstone product.
13 hours ago Goldcard
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
2 weeks 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.
2 weeks 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.
3 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?
4 weeks ago w k