Archive - 2016
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
August 2016
15 Aug 2016 Auckland Council votes for Unitary Plan
15 Aug 2016 Rules for bankrupt KiwiSaver members cause concern
15 Aug 2016 How to achieve top dollar: lessons from The Block
15 Aug 2016 Property managers must keep rent separate
15 Aug 2016 Study to assess ways to help KiwiSaver members get better results
15 Aug 2016 New levies final nail for independent DIMS providers
15 Aug 2016 Pre-approvals hold RBNZ up
15 Aug 2016 Call for more scrutiny of regulators
14 Aug 2016 China recreates the Mississippi Bubble
13 Aug 2016 NZSF gets tick
12 Aug 2016 New LVR start date delayed
12 Aug 2016 Age-friendly housing pays off
12 Aug 2016 RBNZ defers start date for new LVR restriction
12 Aug 2016 Lending Crowd wants to raise $5m
12 Aug 2016 Income drop sign of move to slow, steady growth for Partners
12 Aug 2016 From loans to mortgages
12 Aug 2016 AMP Capital appoints new investment strategy boss
12 Aug 2016 Greens rental Bill could put off landlords - NZPIF
12 Aug 2016 Only three move so far
12 Aug 2016 Banks secure hold on KiwiSaver
11 Aug 2016 Tenants’ rights take centre stage
11 Aug 2016 Borrowers unlikely to see full cut
11 Aug 2016 More cuts on the horizon
11 Aug 2016 Commission files charges against Youi insurance
11 Aug 2016 More cuts on the horizon
11 Aug 2016 Early signs of easing price pressure
11 Aug 2016 OCR cut to 2%; Here's what they said
11 Aug 2016 What the Reserve Bank said about interest rates
11 Aug 2016 FMA launches next stage of churn probe
11 Aug 2016 RESIMAC partners with financial advisory firm
11 Aug 2016 Grosvenor takes aim at banks with new KiwiSaver product
11 Aug 2016 Asteron keeps focus on sustainability
11 Aug 2016 Boosting supply crucial to final Unitary Plan decision
10 Aug 2016 Auckland house prices not a concern: ASB boss
10 Aug 2016 Low interest rates driving customers to wealth products: ASB
10 Aug 2016 Milford manager jumps ship
10 Aug 2016 ASB profits up; Not worried about Auckland house prices
10 Aug 2016 PM tells banks what to do
10 Aug 2016 Insurance site set for launch
10 Aug 2016 Advisers 'must shake off product ties'
10 Aug 2016 Limited supply drives prices up further
09 Aug 2016 Camelot adds advisers
09 Aug 2016 Mortgage Express appoint new regional manager
09 Aug 2016 Housing market simmering down?
09 Aug 2016 Govt should bear more of FMA funding cost: IFA
09 Aug 2016 Tool helps analyse portfolios
09 Aug 2016 Bridging finance not an LVR issue
09 Aug 2016 Smooth passage of Unitary Plan in doubt
08 Aug 2016 Quieter times ahead for housing market - ASB
08 Aug 2016 Odds of rate cut about the same as Hurricanes winning final
08 Aug 2016 Stewart seeks more capital to fund growth
08 Aug 2016 Balancing act: how to handle the housing market
05 Aug 2016 RESIMAC makes important changes to rates and fees (+ VIDEO)
05 Aug 2016 Little doubt OCR cut coming
05 Aug 2016 RESIMAC has lowered rates
05 Aug 2016 Fisher dividend up
05 Aug 2016 No tenant liability under new rules
05 Aug 2016 Craigs joins NZX platform
05 Aug 2016 Financial services provider 'should be allowed to follow law'
05 Aug 2016 AML still tough for some AFAs
04 Aug 2016 Morningstar's Chris Douglas returns
04 Aug 2016 Apartment size key to future lending
04 Aug 2016 LVR to target bank risk, not prices
04 Aug 2016 Adviser numbers drop
04 Aug 2016 Banks too dominant in KiwiSaver: Survey
04 Aug 2016 Bank risk real LVR target
04 Aug 2016 Apartment size key to future lending
03 Aug 2016 BNP appoints advice boss
03 Aug 2016 Will insurance become redundant as things get safer?
03 Aug 2016 QV: Prices still running hot
03 Aug 2016 Squirrel launches secondary market
03 Aug 2016 Financial Advice NZ could play regulatory role
03 Aug 2016 Slowdown in Auckland market – B&T
02 Aug 2016 Perpetual Guardian plans $150m IPO
02 Aug 2016 No stopping value rises: QV
02 Aug 2016 BNZ moves rates; Foreign buyer report called misleading
02 Aug 2016 Correction on the cards?
02 Aug 2016 Ballantyne hopeful of OIO nod 'soon'
02 Aug 2016 Jennings gets top IFA award
02 Aug 2016 Harmoney's first full-year results show loss
01 Aug 2016 Foreign buyer stats 'misleading'
01 Aug 2016 Newton Ross welcomes new advisers
01 Aug 2016 Harmoney faces charges
01 Aug 2016 Southern beauty
01 Aug 2016 HomeStart changes meant to open up market
01 Aug 2016 Surprise rate cut
01 Aug 2016 A good question from ANZ
01 Aug 2016 Stubbs launches not-for-profit KiwiSaver scheme
July 2016
31 Jul 2016 Heartland Seniors Finance gets a tick
29 Jul 2016 Young mortgage adviser of the year named (+ VIDEO)
29 Jul 2016 Relief as consents bounce back up
29 Jul 2016 Country's top lenders named
29 Jul 2016 Solvency key for self-employed borrowers
28 Jul 2016 Financial Advice NZ gets green light
28 Jul 2016 Top lenders of the year named
28 Jul 2016 More state house sales on the agenda
28 Jul 2016 'Client first' right standard for the industry: Everett
28 Jul 2016 Mortgage lending drops
28 Jul 2016 Big DIMS bill looming
28 Jul 2016 Investors must battle fear
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