Archive - 2023
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
September 2023
15 Sep 2023 ESG ratings provider faces layoffs
14 Sep 2023 NZ sharemarket suffers from ex-dividend blues
14 Sep 2023 FMA aware of but won't comment on Southern Cross benefit removal
14 Sep 2023 Chubb has new head underwriter
13 Sep 2023 NZX50 breaks an eight day losing streak
13 Sep 2023 Housing market perkier than expected as it turns around
13 Sep 2023 A record high for New Zealand Super Fund
13 Sep 2023 Industry researchers also in the dark on Southern Cross benefit
13 Sep 2023 Harbour Investment Outlook: Past the winter solstice, but is it spring yet?
12 Sep 2023 NZ sharemarket steadies after govt opens the books
12 Sep 2023 Treasury warns of more pain if interest rates rise
12 Sep 2023 New small business lending platform launches in New Zealand
12 Sep 2023 A healthier market in sight
12 Sep 2023 Generate impact investment builds new homes in Christchurch
12 Sep 2023 Tech stack stuff
12 Sep 2023 Prospa joins Lend Capital’s new lending marketplace launch
12 Sep 2023 Nikko looks to be slightly defensive
11 Sep 2023 NZ sharemarket slips ahead of economic and fiscal update
11 Sep 2023 The AI revolution - what's next for the financial services industry?
11 Sep 2023 Reining in the Reserve Bank
11 Sep 2023 Past decade sees financial adviser role evolve
11 Sep 2023 Reining in the RBNZ
11 Sep 2023 Submissions open on new 'protection of KiwiSaver members' bill
09 Sep 2023 Burning down the house
08 Sep 2023 NZX50 slides to nine-month low
08 Sep 2023 Other health insurers are much more generous than Southern Cross
08 Sep 2023 [OPINION] New Zealand’s broken property market
08 Sep 2023 National could expand bank market study
08 Sep 2023 Raid on commercial investors depreciation of assets detrimental
08 Sep 2023 Visit to US advisers yields growth tips aplenty
07 Sep 2023 NZX50 flat as companies go ex-dividend
07 Sep 2023 Freeing up foreign investment
07 Sep 2023 Lack of PE investment in KiwiSaver means members miss out
06 Sep 2023 NZX50 continues its slow slide
06 Sep 2023 Dire economic outlook should be positive for bonds: Nikko
06 Sep 2023 Confidence on interest rate cuts next year vanishes
06 Sep 2023 Dunedin’s buy-up plan to mitigate climate change
05 Sep 2023 NZX 50 hits new low for 2023
05 Sep 2023 House sales rise more than 50% on a year ago
05 Sep 2023 [GRTV] You never write off the Kiwis
04 Sep 2023 SkyCity's share plunge dominates NZ sharemarket
04 Sep 2023 Not a huge market for foreign buyers
04 Sep 2023 Liberty makes three key appointments
04 Sep 2023 NZ Super Fund buys into European infrastructure provider
04 Sep 2023 We may be trusted advisers to our clients, but insurers don't trust us
04 Sep 2023 [GRTV] Advisers can thrive
03 Sep 2023 JMI Wealth appoints two senior advisers
02 Sep 2023 COMMENT: What is Westpac's real profit number?
01 Sep 2023 Auckland airport a bright note in a dull day on the NZ sharemarket
01 Sep 2023 Southern Cross says it told advisers, policyholders of withdrawn benefit
01 Sep 2023 Pepper buys HSBC's NZ home loans book
01 Sep 2023 Non-bank lender buys HSBC's home loan book
01 Sep 2023 BREAKING NEWS: HSBC loan book gets a surprisng new owner: one of the non-banks
01 Sep 2023 Southern Cross drops $60k benefit by stealth: agents
01 Sep 2023 [GRTV] KiwiSaver: a ticket to prosperity that politicians don’t get
August 2023
31 Aug 2023 A bleak August for the sharemarket ends on a slight uplift
31 Aug 2023 Room to improve compliance support in NZ
31 Aug 2023 Finsure sees room to improve compliance support in NZ
31 Aug 2023 Spending on nice to haves rapidly shutting down
31 Aug 2023 Waiting for election day and possible relief
31 Aug 2023 More KiwiSaver enters sin stocks through passive investing
30 Aug 2023 Market flat as property stocks fall on National policy
30 Aug 2023 Easier bank lending v mortgage test rates
30 Aug 2023 Where the FMA is headed
29 Aug 2023 NZ sharemarket lifts as results brighten investors' mood
29 Aug 2023 NZHL makes appointment to drive growth
29 Aug 2023 Heartland grows its reverse mortgage business
29 Aug 2023 Debt consolidation helps drive Heartland reverse mortgage business
29 Aug 2023 Restoring housing affordability
29 Aug 2023 Heartland's reverse mortgages grow at more than 20%
28 Aug 2023 NZ sharemarket lifts on budget cuts and US news
28 Aug 2023 Sub-optimal contributions all round
28 Aug 2023 Mortgage lending make-up revealed
28 Aug 2023 Thoughts on underperformance by an active manager
26 Aug 2023 COMMENT: RBNZ is still capable of producing worthwhile research
25 Aug 2023 NZ sharemarket dips despite solid results
25 Aug 2023 [The Wrap] NZers will be left exposed if CoFI is repealed
25 Aug 2023 CEO Bessemer to leave Trustees Executors
25 Aug 2023 NZX Smartshares lifts FUM 29% in six months ended June
25 Aug 2023 Proposed new RTA clause not needed
25 Aug 2023 The role of FAPs in building consumer confidence
24 Aug 2023 High flying Air NZ does not lift the sharemarket
24 Aug 2023 Nikko grows investment team with key appointment
24 Aug 2023 Surge in migration a double edged sword
24 Aug 2023 The fee-for-service model
23 Aug 2023 Ebos leads NZX50 higher for a second day
23 Aug 2023 TAP adds two
23 Aug 2023 More pain; ANZ hikes; TAP hires
23 Aug 2023 Further step to regulation of property managers
23 Aug 2023 More mortgage pain on the horizon
23 Aug 2023 nib NZ expects its insurance to be resilient in the face of rising cost of living
23 Aug 2023 MyFiduciary links up with iwi
22 Aug 2023 Solid results brought an end to days of decline for NZ sharemarket
22 Aug 2023 No way CoFi can stay – National
21 Aug 2023 NZX50 continues to slump despite some upbeat results
21 Aug 2023 Migration helps housing find a floor
21 Aug 2023 CCCFA rules are now sort of semi-embedded in banks
21 Aug 2023 Loosening CCCFA rules might not be enough
21 Aug 2023 Transitioning an advice business in the 21st century
19 Aug 2023 A new source of business; Nat's KiwiSaver policy nuts
Latest News
Koura reports another loss
Koura reports another loss
1 min read
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
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