Archive - 2009
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 2009
31 Dec 2009 Investigation into ING funds still 3 months away
31 Dec 2009 Commercial property investors will foot the bill of proposed land tax
30 Dec 2009 Holiday message
30 Dec 2009 SCF appoints new CEO
28 Dec 2009 Six pull out of govt retail deposit scheme
24 Dec 2009 Commission calls on QFEs to set high standards
23 Dec 2009 Marac to offer non-guaranteed term deposit
23 Dec 2009 Rate changes in the lead up to Christmas
23 Dec 2009 AXA advisers prefer NAB
23 Dec 2009 Property investors pay IRD extra $63m
22 Dec 2009 Meridian looks to issue bonds as well as notes
22 Dec 2009 The verdict on Fidelity Life’s new Platinum Plus
22 Dec 2009 Don't ban commissions: IFA
22 Dec 2009 Opinion: They’ve been misled, so they mislead you
22 Dec 2009 Provincial and coastal markets picked to improve
22 Dec 2009 ANZ property gauges point to decline in house prices
21 Dec 2009 Meltdown could have been worse than it was
21 Dec 2009 Cash PIEs get the official chop
21 Dec 2009 Rates Round Up
21 Dec 2009 News Round Up
21 Dec 2009 Westpac records above average lending growth
21 Dec 2009 Mortgagee sales to stay high for another 12-months
18 Dec 2009 [Weekly Wrap] No relAXAtion just yet
18 Dec 2009 One and two year rates up this week
18 Dec 2009 Half a decade of interest rate movements
18 Dec 2009 Commissions must go: Inquiry told
17 Dec 2009 PGG Wrightson sets up banking syndicate
17 Dec 2009 Investment managers favour equities
17 Dec 2009 Insurance groups opt for AFA standards
17 Dec 2009 AXA accepts NAB's offer
17 Dec 2009 Housing market plateauing
17 Dec 2009 Mercer Investment Series 2009
16 Dec 2009 BNZ, Rabo boost long-term deposit rates
16 Dec 2009 Hanover is dead; Long live the House of Farmers
16 Dec 2009 Hanover investors say yes to Allied
16 Dec 2009 Hanover investors vote to accept Allied Farmers shares
16 Dec 2009 Mercer Investment Series 2009
16 Dec 2009 Financial advisers' independence needs regulation
16 Dec 2009 Tower looks to double adviser numbers in next two years
16 Dec 2009 Tax changes will affect house prices
15 Dec 2009 ING reaches $1 billion mark with KiwiSaver
15 Dec 2009 Lifetime to buy Swains
14 Dec 2009 Investors to get power to put finance companies into receivership
14 Dec 2009 Strategic Finance now unsure of first payment
14 Dec 2009 House prices creep up a little more
14 Dec 2009 REINZ residential highlights - November 2009
14 Dec 2009 News round-up
14 Dec 2009 Investing made easy: Finding alternatives
13 Dec 2009 Rates Round Up
11 Dec 2009 [Weekly Wrap] Pick n' mix
11 Dec 2009 X marks the spot
11 Dec 2009 Having Super Choice
11 Dec 2009 Market Review: December 2009 commentary
11 Dec 2009 Sense of normality returning
11 Dec 2009 The good and the bad
11 Dec 2009 MMG alleges DNZ breached Companies Act, constitution
10 Dec 2009 IFA CEO goes
10 Dec 2009 Bollard turns more hawkish on next rate hike
10 Dec 2009 FULL SPEECH: OCR remains unchanged at 2.5%
10 Dec 2009 OCR update Dec 09
10 Dec 2009 OCR unchanged, pick-up in economy may drive early rate hike
10 Dec 2009 Crossan there to help the financial services sector
09 Dec 2009 BNZ barely profitable in quarter
09 Dec 2009 Questions over loan to former SCF boss McLeod
09 Dec 2009 PIS seals deal with risk group
09 Dec 2009 Shake up sees notes suspended
09 Dec 2009 New president for Society of Actuaries
09 Dec 2009 Residential real estate balancing out
09 Dec 2009 IFA continues name and shame regime; suspends member
08 Dec 2009 Building consents drop
08 Dec 2009 Market Review: December 2009 London commentary
08 Dec 2009 Capital protection kicks in
08 Dec 2009 Kiwbank's mortgage market share and profits keep growing
07 Dec 2009 Central bank in sweet spot with interest rates
07 Dec 2009 Hanover's Hotchin urges investors to ignore their dislike of him
07 Dec 2009 Life insurance sales soar, as do lapses
07 Dec 2009 News round-up
07 Dec 2009 QV main urban areas commentary: November 2009
07 Dec 2009 Property values stay positive as sellers stay put: QV
06 Dec 2009 Views divided on when OCR will start rising
06 Dec 2009 Rates Round Up
06 Dec 2009 Regional review: Prospecting Rodney
04 Dec 2009 Perpetual flags its concerns over Allied/Hanover deal
04 Dec 2009 Lombard Finance makes first payment to debenture holders
04 Dec 2009 [Weekly Wrap] The gloves are off
04 Dec 2009 Women in Super 2009 Christmas Lunch
04 Dec 2009 Investing made easy: Working backwards
04 Dec 2009 Commissions: “Know me before you judge”
03 Dec 2009 DNZ float scuppered
03 Dec 2009 Allied confident investors will support Hanover deal
03 Dec 2009 Floating - the best place to be
03 Dec 2009 Auckland prices reach almost two-year high
03 Dec 2009 Sell as much level term insurance as you can before tax changes
03 Dec 2009 Southern Cross ups rates
03 Dec 2009 MMG could scupper $140m DNZ float
02 Dec 2009 OCR “virtually certain” to stay at 2.5%
02 Dec 2009 Home loans help NZF grow its assets
02 Dec 2009 IRD potentially misleading over off-the-plan property sales
02 Dec 2009 Independent definition a problem for advisers
02 Dec 2009 Opinion: Insurance needs variation
Latest News
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
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
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?
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.
3 weeks ago P Urbani