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March 2003
04 Mar 2003 AMP tones down its image
04 Mar 2003 NZMBA BOP/Waikato Regional Meeting
04 Mar 2003 Marketing on the internet
04 Mar 2003 Guardians looking at NZ market
03 Mar 2003 Carr to leave RB and Orr to join
03 Mar 2003 Marketing on the internet
03 Mar 2003 Adviserlink Investments
03 Mar 2003 Adviserlink Practice Management
03 Mar 2003 News Round Up
03 Mar 2003 Housing boom in the south
02 Mar 2003 Housing market peaked
February 2003
28 Feb 2003 New national sales manager at AIA
28 Feb 2003 Nats explain why super not important
27 Feb 2003 Borrow all the money
27 Feb 2003 Marketing on the internet
27 Feb 2003 NZ Super Fund a gamble with pensioners' money: Hide
27 Feb 2003 NZ AMP's little oasis
26 Feb 2003 Marketing on the internet
26 Feb 2003 NZMBA Northland Regional Meeting
26 Feb 2003 Changes to AMPH's NZ Shares team
26 Feb 2003 Savings questions
26 Feb 2003 No concerns over savings
26 Feb 2003 Housing market buoyant in January
25 Feb 2003 Sorry plight over super savings
25 Feb 2003 FPIA Hawke's Bay/Poverty Bay Branch Meeting
25 Feb 2003 NZMBA Nelson/Blenheim Regional Meeting
25 Feb 2003 Marketing on the internet
25 Feb 2003 AXA posts positive result
24 Feb 2003 Radical rethink for retirement savings needed
24 Feb 2003 Nelsons rental shortage at crisis point
24 Feb 2003 Govt Heeds Landlords' Call to Direct Credit Rents
24 Feb 2003 Marketing on the internet
24 Feb 2003 Adviserlink Essentials of Mortgage Broking
24 Feb 2003 NZMBA unhappy with Consumer story
24 Feb 2003 NZMBA unhappy with <i>Consumer</i> story
24 Feb 2003 News Round Up
23 Feb 2003 Cullen’s greedy gamble costs $425 million so far
21 Feb 2003 Financial Forecasts - Mapping out a plan for 2003
21 Feb 2003 Savings Industry
21 Feb 2003 NZ Economy
21 Feb 2003 NZ Shares
21 Feb 2003 International Shares
21 Feb 2003 Fixed Interest
21 Feb 2003 Tax
21 Feb 2003 Property
21 Feb 2003 Superannuation
21 Feb 2003 Industry: New reality for industry
21 Feb 2003 The Complete Guide to Residential Property Investment in NZ
21 Feb 2003 Sovereign looks to change its business
20 Feb 2003 Marketing on the internet
20 Feb 2003 Houses prices up $125 a day
20 Feb 2003 FundSource conference line up
20 Feb 2003 Watch change at Tower
20 Feb 2003 Tax relief - finally
19 Feb 2003 Super off National’s menu
19 Feb 2003 Marketing on the internet
19 Feb 2003 Adviserlink Risk
19 Feb 2003 What does war mean for investors
18 Feb 2003 Spicers' new spokesman
18 Feb 2003 House prices continue to rise
18 Feb 2003 WANTED! Interesting / bad / horror tenant stories
18 Feb 2003 Marketing on the internet
18 Feb 2003 Take a tip from market yield
18 Feb 2003 Fund managers part of flat earth society: Weldon
17 Feb 2003 Guardians appoint CEO
17 Feb 2003 Adviserlink Investments
17 Feb 2003 'Non-genuine savings program' a hit
17 Feb 2003 News Round Up
16 Feb 2003 BNZ's new product manager
15 Feb 2003 Government fund may replace leaky building insurance
14 Feb 2003 Rethinking asset allocation
13 Feb 2003 Kiwibank's ad misleading
13 Feb 2003 ING "The Great Road Ahead" Roadshow
12 Feb 2003 Cullen makes some super promises
12 Feb 2003 Cullen makes some super promises
12 Feb 2003 Housing indicators point upwards
12 Feb 2003 Housing indicators point upwards
12 Feb 2003 Housing indicators point upwards
11 Feb 2003 Mercers win big deal with Super Fund
11 Feb 2003 Property prices jump 4% at Mount Maunganui, Papamoa
11 Feb 2003 Central Otago's property boom spreads
11 Feb 2003 Choosing a Finance Company
11 Feb 2003 The business of Numeria Finance
11 Feb 2003 Slow and steady gains the call
11 Feb 2003 ING "The Great Road Ahead" Roadshow
11 Feb 2003 FPIA Wellington Branch Meeting
10 Feb 2003 A message for National
10 Feb 2003 Property market will survive test: REINZ
10 Feb 2003 Adviserlink Introduction to Financial Planning
10 Feb 2003 A year of action on super
10 Feb 2003 Property market will survive test: REINZ
10 Feb 2003 News Round Up
10 Feb 2003 ING "The Great Road Ahead" Roadshow
05 Feb 2003 Market Review: And so the waiting continues…
05 Feb 2003 Ca'Bella in receivership - $30m work on 5 projects stopped
05 Feb 2003 House prices ease but it's not a slump
05 Feb 2003 Christchurch house market takes off
05 Feb 2003 Owner wins in leak dispute
05 Feb 2003 Adviser licensing not a given: Dalziel
05 Feb 2003 NBNZ causes problems for brokers
Latest News
Flood tide for Harbour
Flood tide for Harbour
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Advisers hope AI widens market
Advisers hope AI widens market
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Koura reports another loss
Koura reports another loss
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Can AI pick the best KiwiSaver provider?
Can AI pick the best KiwiSaver provider?
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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.
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?
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