Archive - 2011
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
June 2011
17 Jun 2011 More regulatory madness
17 Jun 2011 Providers’ responsibility for their KiwiSaver distribution
17 Jun 2011 Wholesale rates shaken by Chch and Greece
17 Jun 2011 Advisers need to brace for litigation
17 Jun 2011 Auckland house prices up over quarter, but ‘bumps ahead' says BNZ
16 Jun 2011 KiwiSaver changes “chip away at certainty around retirement planning"
16 Jun 2011 Tower adds key account manager
16 Jun 2011 Hooker puts advisers in red alert district
16 Jun 2011 Wellington landlords out of pocket after company closure
15 Jun 2011 FMA orders Geneva to stop issuing debentures
15 Jun 2011 Something for interest rate junkies
15 Jun 2011 Tate slams FAA levy
15 Jun 2011 Strong demand boosts Auckland rents, says Barfoot & Thompson
15 Jun 2011 Auckland leading real estate recovery, says Harcourts
15 Jun 2011 Auckland City Centre rents down 31% over year to May, Crockers
14 Jun 2011 Heartland to buy PGG Wrightson Finance
14 Jun 2011 Geneva chalks up another $6.2 mill in losses
14 Jun 2011 Cash impact of finance co sale to cost PGG Wrightson $2.5m
14 Jun 2011 Auckland leads national sales volumes up, but prices down
14 Jun 2011 REINZ regional commentaries - May 2011
14 Jun 2011 Advisers give levies lukewarm reception
13 Jun 2011 Life companies forget about customers
13 Jun 2011 Size of adviser levies revealed
13 Jun 2011 News Round Up: June 13
10 Jun 2011 Bridgecorp's Petricevic fails in latest bid for legal aid
10 Jun 2011 Paying the piper – how much you could have to pay for the FMA
10 Jun 2011 NZF home loans about to be liberated from company
10 Jun 2011 Allied Farmers staves off receivership
10 Jun 2011 The week in a word. Frozen
10 Jun 2011 Ginger gets former Sovnet boss
10 Jun 2011 How not to sell KiwiSaver
10 Jun 2011 Agents spy slight rise in property investor interest in June
09 Jun 2011 Bollard likely to raise interest rates sooner
09 Jun 2011 OCR kept at record low
09 Jun 2011 RBNZ keeps OCR at record low
08 Jun 2011 Specific allocation to NZ assets idiotic: Cleary
08 Jun 2011 Be warned. Opportunity narrowing
08 Jun 2011 The perpetuity problem pertaining to property
08 Jun 2011 Auckland and Wellington values a tale of two cities, QV
08 Jun 2011 QV May 2011 Report - the regions
08 Jun 2011 The perpetuity problem pertaining to property
07 Jun 2011 AFA applicants moving – but slowly
07 Jun 2011 Tyndall Commentary: Why Markets Are Not Reflecting The Economy
07 Jun 2011 All eyes on Bollard
07 Jun 2011 News Round Up: June 7
07 Jun 2011 Economic confidence up but property sector optimism mixed, BNZ
06 Jun 2011 Geneva Finance to write down more loans
06 Jun 2011 Bollard's views on inflation keenly sought; OCR on hold
06 Jun 2011 NZF to resume mortgage lending
06 Jun 2011 FNZ gets its first COO
03 Jun 2011 High Court judgment to shake advice world
03 Jun 2011 Changing channels
03 Jun 2011 Even more news on NZF
03 Jun 2011 Prison and large fines proposed for false disclosure statements
03 Jun 2011 NZF limiting new loans to $750,000
03 Jun 2011 Time for health insurance industry to speak up
03 Jun 2011 2011 on course for least number of houses built
03 Jun 2011 After three months of rises, average Auckland house price slips in May
02 Jun 2011 ISI rejects Partners Life membership
02 Jun 2011 Mercer opts for equities and growth assets
02 Jun 2011 ANZ's mortgage book -- the mystery continues
02 Jun 2011 Getting REAL about property management education
01 Jun 2011 Auckland property market shifts in favour of sellers
01 Jun 2011 Perpetual boosts executive team with three promotions
01 Jun 2011 AIA: Insider information
01 Jun 2011 Stop complaints becoming disputes
01 Jun 2011 More on NZF's home loan performance
01 Jun 2011 Otago oil boom ahead
May 2011
31 May 2011 NZF Group posts $4.8m annual loss
31 May 2011 Kiwibank's not so good report
31 May 2011 Regulation helps advisers battle banks
31 May 2011 TSB's mortgage book grows but profitability flat
30 May 2011 Allied Farmers won't be replacing Rob Alloway
30 May 2011 Kiwibank's profit plunges as bad loan charges soar
30 May 2011 Credit rating upgrade for PSIS
30 May 2011 Moodys downgrades NZ banks
30 May 2011 Moody thoughts and Kiwibank's new product
30 May 2011 Newpark adds two BDMs
30 May 2011 News Round Up: May 30
30 May 2011 It’s time to engage investors about the new regime
30 May 2011 Housing market improves, but from low base, says ANZ
30 May 2011 Low rates increasing appeal of investment property, ASB
29 May 2011 Fisher & Paykel Finance's results shine
27 May 2011 Commission ban “one private members Bill away”
27 May 2011 ASB's mortgage book shrinks again
27 May 2011 Kiwibank to launch an offset product
27 May 2011 FMA kicks-off monitoring reviews
26 May 2011 Christchurch Earthquake: Over $12.5m paid out in life claims
26 May 2011 HSBC offers exceptional term deposit rate
26 May 2011 BNZ grows mortgage book strongly in March Qtr but profitability falls
26 May 2011 Spotlight on BNZ
26 May 2011 The importance of being compliant
25 May 2011 Ssshh, but it is still about selling
25 May 2011 Up to 700 advisers could miss AFA deadline
25 May 2011 ASB says KiwiSaver changes won't put investors off
25 May 2011 Home loan rates could rise sooner than predicted
24 May 2011 Odds on earlier interest rate hike shorten
24 May 2011 Partners Life New Board Appointment
24 May 2011 RBNZ to give a steer on rates today
24 May 2011 Rates Round Up: May 24
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