Archive - 2019
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 2019
19 Sep 2019 Advisers directing clients to DIY: Hatch
18 Sep 2019 Price fixing earns Ronovationz $400k penalty
18 Sep 2019 NZ shares fall; Goodman placement sees property stocks sold
18 Sep 2019 Home loan complaints against banks rise
18 Sep 2019 Home loan complaints rise
18 Sep 2019 ASB adds impact to its fund range
18 Sep 2019 Home loan complaints rise
18 Sep 2019 Commission structure may need Govt intervention: FMA
17 Sep 2019 NZ shares gain: F&P Healthcare rallies on big volume, Synlait extends gain
17 Sep 2019 NZ proptech start-up scores major investor
17 Sep 2019 Insurer response 'not good enough'
17 Sep 2019 Wealth management now wags the stock-broking dog
17 Sep 2019 General Finance gets rating
17 Sep 2019 Minister says Govt will force change
17 Sep 2019 A guide to contrarian investing
16 Sep 2019 High oil prices weigh on Air NZ, Mainfreight; Shares close down
16 Sep 2019 Colonial First State rebrands
16 Sep 2019 Southern Cross Health Society turns around deficit
16 Sep 2019 [GRTV] Happy Clients, Loyal Clients
16 Sep 2019 The growing but slowing market for insurance
16 Sep 2019 COMMENT: Prospects strong for yielding assets
16 Sep 2019 Arrival of new player adds more spice to the lending market
16 Sep 2019 Pepper Money launches in NZ
16 Sep 2019 Nikko launches high-risk 'disruptors' fund
13 Sep 2019 NZ shares fall for 5th day; Z Energy sold off further
13 Sep 2019 BNZ adopts custom based index
13 Sep 2019 [The Wrap] The word on good customer outcomes from the top
13 Sep 2019 Embrace blockchain to drive transformation
13 Sep 2019 No need for Royal Commission
13 Sep 2019 Scrub up or ship out
13 Sep 2019 Asteron and Fidelity go head to head for award
13 Sep 2019 Sales fall highlights sluggish market
13 Sep 2019 Adviser ordered to pay $1,000 after 'dragging heels'
12 Sep 2019 Booster to list property fund
12 Sep 2019 Z Energy, Synlait crash on earnings downgrades
12 Sep 2019 Harbour takes a cautious approach as downside risks increase
12 Sep 2019 [GRTV] A taste of MDRT Global
12 Sep 2019 Accuro launches mental health tool
12 Sep 2019 Financial advice reforms may miss the mark
11 Sep 2019 NZ shares sink; rising rates sap demand for yield stocks
11 Sep 2019 [GRTV] Loyal Clients; Happy Clients
11 Sep 2019 Banks raise cheap wholesale funding ahead of Spring mortgage surge
11 Sep 2019 Banks raise cheap wholesale funding ahead of Spring mortgage surge
11 Sep 2019 Changing the game
11 Sep 2019 FSC KiwiSaver overhaul: Boost access to advice
11 Sep 2019 Kiwis face 'trade-off' buying insurance
10 Sep 2019 NZ shares fall in light trading; power companies come off the boil
10 Sep 2019 Sargon signs clients
10 Sep 2019 The willful ignorance of a miopic point of view
10 Sep 2019 Reset policies will prompt price rises - Westpac
10 Sep 2019 Banks face headwinds; Select Home Loans proves popular
10 Sep 2019 NZ banks face headwinds
10 Sep 2019 Advice rules created 'two-tier' market, working group says
09 Sep 2019 Shares snap six-day gain; A2 falls
09 Sep 2019 Change tax regime for KiwiSaver, share trading - capital markets review
09 Sep 2019 White-label loan product takes off; Property investor cops $400k fine
09 Sep 2019 Bluestone's white-label loans take off with NZFSG
09 Sep 2019 Ronovationz faces $400k fine for price fixing
09 Sep 2019 nib enters ASX 100
07 Sep 2019 Financial Advice NZ backs Money Week
06 Sep 2019 NZX50 climbs 4.1% in week; yield demand reigns
06 Sep 2019 What Aucklanders value in property
06 Sep 2019 ANZ makes major change to its OCR forecast
06 Sep 2019 Anti-commission advocate appointed to FMA board
06 Sep 2019 Expect three more OCR cuts – ANZ
06 Sep 2019 AIA appoints new board member
06 Sep 2019 [The Wrap] Let's not follow what's happening in Australia
06 Sep 2019 RBNZ says don't believe what banks say about capital
05 Sep 2019 Findex takes on New Zealand wealth market
05 Sep 2019 Low deposits won’t lead to mortgage free for all
05 Sep 2019 Shares march higher as low rates keep yield attractive
05 Sep 2019 Partners Life axes volume-based incentives
05 Sep 2019 COMMENT: How much is too much
05 Sep 2019 Kloogh no longer a financial adviser
04 Sep 2019 Sharemarket cracks another milestone; Vista, Pushpay recover
04 Sep 2019 Rent-to-buy scheme key to KiwiBuild II
04 Sep 2019 Govt makes KiwiBuild loans easier, drops 100,000 homes target
04 Sep 2019 Govt makes KiwiBuild loans easier, drops 100,000 homes target
04 Sep 2019 IFSO backs adviser in misselling claim
04 Sep 2019 Fidelity Life appoints adviser professional development support
04 Sep 2019 Negative bank rates – yeah right!
04 Sep 2019 Decline in value growth slows
03 Sep 2019 NZ shares outperform Asia; Contact, Meridian in demand
03 Sep 2019 No momentum in Auckland sales
03 Sep 2019 Hints of market resurgence
03 Sep 2019 Taking the carbon out of KiwiSaver
03 Sep 2019 Kloogh companies liquidated
02 Sep 2019 [The Wrap] Regulation is a time for advisers to be bold and reinvent themselves
02 Sep 2019 NZ shares gain; yield stocks Contact, Meridian still in favour
02 Sep 2019 Which KiwiSaver funds will weather the currency war?
02 Sep 2019 Super Fund gets RI rating
02 Sep 2019 Kepa appoints compliance consultant
02 Sep 2019 HSBC sets new low rate
02 Sep 2019 HSBC sets a new low benchmark
02 Sep 2019 Pie Funds reopens soft-closed funds
02 Sep 2019 Mortgage servicing rate cuts
August 2019
30 Aug 2019 Vista recovers in heavy day of trading
30 Aug 2019 Spreads between lenders widens
30 Aug 2019 Mike Pero appoints three advisers
30 Aug 2019 Long term fixed rates dip below 4%
Latest News
Advisers hope AI widens market
Advisers hope AI widens market
2 min read
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
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