Archive - 2006
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
December 2006
28 Dec 2006 Study backs reverse mortgages as retirement solution
28 Dec 2006 More directors on Planet board
22 Dec 2006 $107 million funding deal sees Pegasus take shape
22 Dec 2006 Millbrook sells $17 million worth of sections in two months
22 Dec 2006 Managed funds finish year on high
21 Dec 2006 Health insurance booming
21 Dec 2006 Surpluses could fund savings
20 Dec 2006 A borrowing strategy to consider
20 Dec 2006 Commission bans contributory mortgage broker
19 Dec 2006 Property returns reach new all time high
19 Dec 2006 Landlords.co.nz
19 Dec 2006 South Canterbury Finance gets BBB - rating
19 Dec 2006 Macquarie signs up to Aegis
18 Dec 2006 Auckland and Wellington push up market median
18 Dec 2006 REINZ faces changes to complaints and discipline process
18 Dec 2006 News Round Up
18 Dec 2006 AMP swaps two senior managers
17 Dec 2006 News in brief
16 Dec 2006 South Auckland property market surges
15 Dec 2006 SRI pays says local adviser
15 Dec 2006 Data surprise bad news for rates
14 Dec 2006 Spooner off to study
14 Dec 2006 IFA reports a loss in 2006
14 Dec 2006 Property Council supports Taxation Provisions Bill
13 Dec 2006 Finsia'a inaugural 'Government Speaks' Breakfast
13 Dec 2006 New framework unlikely to work: PAA
13 Dec 2006 Auckland house prices picking up
13 Dec 2006 Asian property prices still far below peak levels
12 Dec 2006 NZMBA signs up 1000th member
12 Dec 2006 Allco bids for all of Strategic
12 Dec 2006 Mike Pero confirms mortgages record
12 Dec 2006 Extending the KiwiSaver tax exemption to other registered schemes
12 Dec 2006 Further help for saving as KiwiSaver tax exemption extended
12 Dec 2006 Northplan deal first step for MFS
12 Dec 2006 AIA launches new network
12 Dec 2006 Auld leaves Russell
11 Dec 2006 Residential property increases 9.4%
11 Dec 2006 MFS pays $52 mill for Northplan
10 Dec 2006 Advisers need to focus on rewards
10 Dec 2006 Housing market could still push up OCR
09 Dec 2006 Ray White November results new trading record
08 Dec 2006 Premium Real Estate guilty of misleading and deceptive conduct
08 Dec 2006 PIS professional development day
08 Dec 2006 More regulation coming
08 Dec 2006 Trustees Executors appoints two BDMs
08 Dec 2006 Adviserlink Learning Courses
07 Dec 2006 Monetary Policy Statement
07 Dec 2006 KiwiSaver default providers selected
07 Dec 2006 KiwiSaver default providers Q&As
07 Dec 2006 KiwiSaver default scheme providers announced
07 Dec 2006 Bollard holds rates steady but hawkishness exceeds expectations
07 Dec 2006 PIS professional development day
07 Dec 2006 OCR unchanged at 7.25%
07 Dec 2006 Advisers need to focus on rewards
07 Dec 2006 Substantial subdivision in Te Kauwhata
07 Dec 2006 Firing trustees proves expensive
07 Dec 2006 Landlords amassing war chests in anticipation of softening market
06 Dec 2006 Another record result for property market
06 Dec 2006 PIS professional development day
06 Dec 2006 Head of Responsible Investment for fund
06 Dec 2006 Days numbered for small finance companies?
06 Dec 2006 Unhappiness at tax change decision
06 Dec 2006 Deposit rates news briefs
05 Dec 2006 Adviserlink Learning Courses
05 Dec 2006 New brochure on enforcing Tenancy Tribunal orders
05 Dec 2006 New property law a big step in the right direction
05 Dec 2006 Weathertightness Chief Adjudicator appointed
05 Dec 2006 Market Review: Can the good times roll for yet another year?
05 Dec 2006 PIS professional development day
05 Dec 2006 Mallon resigns from St Laurence
05 Dec 2006 Sovereign writes $6 bill in home loans
05 Dec 2006 Tax changes force fund closure
04 Dec 2006 PIS professional development day
04 Dec 2006 Expection OCR will be left unchanged
04 Dec 2006 News Round Up
04 Dec 2006 Software: Columbus Property Manager 2.0.3
04 Dec 2006 Marlborough: Days of wine...and scarce rentals
01 Dec 2006 Payouts for Provincial and Western Bay
01 Dec 2006 Symposium: Lifting New Zealanders’ Financial Literacy
01 Dec 2006 PIS professional development day
01 Dec 2006 Tower New Zealand in renewal mode
01 Dec 2006 Tyndall gets new MD
November 2006
30 Nov 2006 Adviserlink Learning Courses
30 Nov 2006 PIS professional development day
30 Nov 2006 Tight finish for marathon tax bill
30 Nov 2006 Sovereign continues to dominate life market
29 Nov 2006 Rising Trend in New Housing Consents Continues
29 Nov 2006 Geneva to launch home loans
29 Nov 2006 Super products "dodgy": English
29 Nov 2006 Minting a new manager
28 Nov 2006 Key and super
28 Nov 2006 Kiwisaver Regulations released
27 Nov 2006 News Round Up
24 Nov 2006 Auckland house inspection specialists
24 Nov 2006 Bonds with choice of assets
24 Nov 2006 Balanced approach to borrowing recommended
24 Nov 2006 Advisers warned to think before jumping
23 Nov 2006 KiwiSaver to be quicker than expected: Morgan
23 Nov 2006 Naming default providers delayed
22 Nov 2006 The financial planner and the fraudster
Latest News
[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
Trust in AI’s decision making not keeping pace with adoption
Trust in AI’s decision making not keeping pace with adoption
3 min read
Banks lose KiwiSaver share
Banks lose KiwiSaver share
2 min read
Latest Comments
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
6 days 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?
2 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.
2 weeks ago P Urbani