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Philip Macalister
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Clear Filter
May 2007
25 May 2007
No rush for regulation, SIFA members told
24 May 2007
Changes in finance sector accelerating
24 May 2007
One bank war
24 May 2007
National votes against KiwiSaver
24 May 2007
New Zealand Fixed Income Forum 2007
24 May 2007
One bank war
24 May 2007
No trail fees in KiwiSaver
23 May 2007
LBA 2007 Conference & AGM
23 May 2007
More relief for leaky home claimants
23 May 2007
Westpac NZ takes the hassle out of Kiwisaver
23 May 2007
Business tax cut: the golden goose tarnishes
22 May 2007
Pinnacle launches online underwriting
22 May 2007
SBS becomes KiwiSaver provider
22 May 2007
Aussie education merger spells change for NZ
21 May 2007
Housing demand softening in provinces
21 May 2007
More disability-friendly houses needed
21 May 2007
NBNZ latest to address broker commissions
21 May 2007
New, but old, MD for AMP Capital
21 May 2007
News Round Up
20 May 2007
SIFA Conference
18 May 2007
Weekly Wrap: Budget bonanza
18 May 2007
Budget moves against traders boon for property industry
18 May 2007
Budget 07: Mercer welcomes budget boost to Kiwisaver
18 May 2007
Budget 07: The voice of workplace super
18 May 2007
Key wrong on KiwiSaver
18 May 2007
KiwiSaver now an easier choice says Retirement Commissioner
18 May 2007
Government’s bold step will ensure Kiwsaver success
18 May 2007
Budget 07: PricewaterhouseCoopers press release
18 May 2007
Budget 07: Tax bills to transform saving and investing
18 May 2007
REINZ says Budget should have delivered tax cuts
18 May 2007
Budget bad news for property speculators
18 May 2007
Are you ready for the KiwiSaver challenge?
18 May 2007
We do take responsibility for our KiwiSavers - Tower
18 May 2007
Party Time for the Life Insurers – at the public’s expense
18 May 2007
New GM at St Laurence Property and Finance
18 May 2007
Savings industry pleased with Budget
17 May 2007
First steps towards shared equity scheme
17 May 2007
Large investment in warmer, healthier homes
17 May 2007
Budget gives $40 a week to support saving
17 May 2007
$1.3 billion budget bonanza for savings industry
17 May 2007
Budget in brief
17 May 2007
Budget date announced
17 May 2007
Residential property prices: still they climb
17 May 2007
Housing market accelerates in March quarter
17 May 2007
Smedley gets new role at Guardian Trust
17 May 2007
MFS launches platform business for advisers
16 May 2007
KiwiSaver still a mystery for many Kiwis
16 May 2007
BNZ says TotalMoney and Term Saver can be online savings accounts
16 May 2007
Kiwibank chases refinance business
16 May 2007
Kiwibank chases refinance business
16 May 2007
One group worried about the Budget
16 May 2007
New Zealanders keen on KiwiSaver: AMP
15 May 2007
Adviserlink - Practice Management Course
15 May 2007
Soaring land values and lower returns for Queenstown
15 May 2007
Advisers unimpressed with APB failure
15 May 2007
Two Securities Commission members reappointed
14 May 2007
Advisers respond to APB collapse
14 May 2007
Adviserlink - Mortgage broking Essentials
14 May 2007
News Round Up
14 May 2007
Property growth returns to double digits
13 May 2007
Section prices rising in Christchurch
11 May 2007
Weekly Wrap: Joint APB collapses
11 May 2007
Broker survey results
11 May 2007
BT rolls out farm fund
11 May 2007
Bollard wants more regulation of bank lending
11 May 2007
What becomes of the broken-hearted?
11 May 2007
There can be only one: IFA
10 May 2007
Fidelity counter-bid offers a few dollars more
10 May 2007
Adviserlink - Investment Planning
10 May 2007
INFINZ Securitisation Training & Conference 2007
10 May 2007
Adviser associations split on APB structure
09 May 2007
Deposit Rates Briefs
09 May 2007
Vestar appoints new Marketing Manager
09 May 2007
International banker appointed Hanover ceo
09 May 2007
FMG tempts Fidelity shareholders
09 May 2007
Short term rates up, long term rates stable
08 May 2007
Interest rates to burst house price bubble
08 May 2007
Taps turned on for new investment
08 May 2007
Fortnightly payments not necessarily cheaper
07 May 2007
Green credentials add value to property
07 May 2007
Adviserlink - Business Financial Solutions
07 May 2007
Adviserlink - Fundamentals of Investments
07 May 2007
News Round Up
07 May 2007
Vestar appoints key relationship manager
07 May 2007
People confident house prices will rise
04 May 2007
Banks pressure finance coys
04 May 2007
Auckland property market took a breather in April
04 May 2007
Biggest energy efficiency steps in 30 years
04 May 2007
MFS rolls on
04 May 2007
Sovereign encourages dual cover
03 May 2007
Tax changes hurt life insurance
03 May 2007
Deposit rates news briefs
03 May 2007
Hewitson moves on
02 May 2007
Higher bond rates worry shares
02 May 2007
Floating rates crack 10%
01 May 2007
Hamilton shopping centre for sale
01 May 2007
Adviserlink - Financial Plan Construction & Review
01 May 2007
M&As good for fin coy sector
01 May 2007
Auld hand joins Tower
01 May 2007
Smith leaves Sovereign
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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