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Philip Macalister
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Clear Filter
October 2000
19 Oct 2000
Funds Management Conference
19 Oct 2000
A few smiles for spring
18 Oct 2000
Independence redefined
18 Oct 2000
Residential Care Subsidies
18 Oct 2000
Bill English has some fundamental questions for Michael Cullen
17 Oct 2000
Taxing beneficiary income of minors at 33% rate
17 Oct 2000
Putting the case for tech
17 Oct 2000
An investment with a fine nose
17 Oct 2000
Superannuation
17 Oct 2000
FPIA appoints CEO
17 Oct 2000
Hold on for higher inflation
17 Oct 2000
Govt introduces bill to hit minors
16 Oct 2000
New society aims to raise manager standards
16 Oct 2000
John King Guardian Trust Appointment
16 Oct 2000
Going global - home is not necessarily where your listed shares are
16 Oct 2000
News Round Up
16 Oct 2000
ACT gives its views on the Big Cullen Fund
15 Oct 2000
REAL rolling on
13 Oct 2000
SX finally cleared to buy Aetna
13 Oct 2000
Reaction to Superannuation Scheme
13 Oct 2000
Super policy answers two questions
13 Oct 2000
Super Solution. What's the Problem?
12 Oct 2000
New generation capital protected fund
12 Oct 2000
More waiting for Waltus
12 Oct 2000
Royal & SunAlliance OEICs for NZ
11 Oct 2000
Not nyet, but not yet, AJs says
11 Oct 2000
A look ahead
11 Oct 2000
Super scheme aimed at providing certainty
11 Oct 2000
The Government is asked many questions on pre-funding NZ Super
11 Oct 2000
PR: The monster fund will eat all other priorities
11 Oct 2000
Pre-funding New Zealand Superannuation: Budget Implications
11 Oct 2000
Pre-funding New Zealand Superannuation: Entitlements
11 Oct 2000
Questions & Answers on Pre-Funding New Zealand Superannuation
11 Oct 2000
Government Policy on Pre-funding New Zealand Superannuation
11 Oct 2000
Retirement Commissioner urges public to take an interest in superannua
11 Oct 2000
Retirement Commissioner urges public to take an interest in superannua
11 Oct 2000
10 Key Pre-Funding Questions answered
11 Oct 2000
Super scheme aimed at providing certainty
11 Oct 2000
Opposition political parties back off from bagging fund
11 Oct 2000
PR: Super Plan Funding Options
11 Oct 2000
PR: Peters Makes Superannuation Commitment
11 Oct 2000
PR: Certainty Of Super Level Vital For Workers Says CTU
10 Oct 2000
Finalists announced
10 Oct 2000
PR: Brave New Era For Superannuation, Says AXA
10 Oct 2000
PR: Super Ping Pong continues
10 Oct 2000
PR: More Questions Than Answers On Cullen's Super Fund
10 Oct 2000
PR: Offering New Zealanders security in retirement
10 Oct 2000
PR: Making a Commitment to Our Elders
10 Oct 2000
PR: An enduring solution to funding New Zealand super
10 Oct 2000
PR: ACT Reserves Judgement On Super Proposal
09 Oct 2000
Business Financial Services
08 Oct 2000
Tower Asset Management restructures
08 Oct 2000
News Round Up
08 Oct 2000
Mortgage mistakes
08 Oct 2000
PR: Expert panel should test Cullen's scheme
06 Oct 2000
Armstrong Jones Roadshow
05 Oct 2000
More rescue plans greet Ballantyne bondholders
05 Oct 2000
Armstrong Jones Roadshow
05 Oct 2000
Stephen Eaton new Trustee Corp Assn Chairman
05 Oct 2000
NZ makes an impact in the US
04 Oct 2000
Uncertain economic outlook prompts RB to hold off rate changes
04 Oct 2000
AJ's fish escape unharmed
03 Oct 2000
Burton ships off to the ASB
03 Oct 2000
When looking offshore invest between the flags
03 Oct 2000
Armstrong Jones Roadshow
03 Oct 2000
Royal & SunAlliance OEICs for NZ
03 Oct 2000
Royal & SunAlliance OEICs for NZ
03 Oct 2000
Government says yes to Big Super Fund
03 Oct 2000
The Government explains how the big super fund will help economic deve
03 Oct 2000
Better financial products, better tax incentives – which first?
02 Oct 2000
ANZ offers Easy Start
02 Oct 2000
Armstrong Jones Roadshow
02 Oct 2000
The big man returns
02 Oct 2000
News Round Up
02 Oct 2000
PR: Super fund will dicatate tax and spending decisions for generation
02 Oct 2000
Lack of debate disappointing
September 2000
30 Sep 2000
Court outlines rules for contesting a will
30 Sep 2000
A new alliance is formed
29 Sep 2000
Royal & SunAlliance OEICs for NZ
29 Sep 2000
Royal & SunAlliance OEICs for NZ
29 Sep 2000
Public Trust takes over running AXA's mortgage business
29 Sep 2000
Fund withdrawal tax passed
28 Sep 2000
Registration: The UK experience
28 Sep 2000
Royal & SunAlliance OEICs for NZ
28 Sep 2000
Public Trust
27 Sep 2000
Royal & SunAlliance play down tax risks of UK funds
27 Sep 2000
Royal & SunAlliance OEICs for NZ
27 Sep 2000
Royal & SunAlliance OEICs for NZ
27 Sep 2000
Westpac launches Redpac
27 Sep 2000
Sovereign loses COO
26 Sep 2000
Royal & SunAlliance OEICs for NZ
26 Sep 2000
Royal & SunAlliance OEICs for NZ
26 Sep 2000
DIY managed funds online
26 Sep 2000
Two top tech managers go
25 Sep 2000
Waltus stumbles at last hurdle
24 Sep 2000
News Round Up
24 Sep 2000
Will the sun continue to rise for Japanese investment trusts?
24 Sep 2000
REINZ has a swipe at REAL
24 Sep 2000
Life after 40: study probes work, retirement and NZ Super
22 Sep 2000
Prospering from Growth
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Latest News
Koura reports another loss
1 min read
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
2 min read
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