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The Landlord
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About the new look Landlords.co.nz

Saturday 23rd of September 2006

Landlords.co.nz is the online home for the NZ Property Magazine. The site and the mag together aim to be the number one news and information resource for residential property investors.

The site has a wide range of features including:

  • All the up-to-date property news
  • The Ask An Expert section where we get experts to answer you questions about property investment
  • A forum where you can discuss issues, ideas and strategies with other investors
  • A directory, called Find An Expert, where you can find your local properrty investment specialists.
  • All the latest mortgage rate news information and data
Landlords also produces a weekly newsletter which you can sign up to here. In addition to the Newsletter you can become a registered member of the site and get access to special deals and offers. To become a registered member click here. It costs you nothing.

Previous forum members will have to re-register with the site. While it was not our preferred option, we have chosen to take this approach because of technical issues.

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Latest Comments
FMA wants clearer fees
The Report (p.14) contains the following recommendation for FAPs: "Disclose commissions as a dollar figure. While commissions can be disclosed as either a percentage or dollar figure, we consider disclosure in dollar terms to be good practice to assist with investors readily understanding what the adviser will get out of the advice process." Disclosing commission in dollar figures was one of the 3 options floated in the April 2018 Disclosure Requirements discussion paper from MBIE. This option was ultimately rejected in favour of a principles-based approach. The examples of commission disclosure in the resulting Regulations ("Connor and Ari") are expressed in percentage terms. While the FMA may hold the view that disclosure in dollar terms is "good practice", this is not where the regulations landed at the conclusion of the 2018 consultation process.
1 day ago Paul Flood
Advisers embrace Westpac after trail commissions removed
@The Laird - No, not really. The headline of this article could equally have been: "Advisers embrace Westpac after upfront commissions increased to highest across the main banks."
1 day ago Paul Flood
Advisers embrace Westpac after trail commissions removed
Doesn't this result call into question the criticism from certain quarters that Mortgage Advisers are driven predominantly by commission considerations?
1 day ago The Laird
FMA wants clearer fees
@first time caller - I can see the complexity you highlight, but as above, investors should be able to see what they are paying without having to reference multiple documents. Investment admin can track and report deductions for tax, withdrawals, fees et al, would be /should be straightforward to aggregate advice fees into costs at member level... at least I hope so.
2 days ago Goldcard
FMA wants clearer fees
@goldcard - how would you propose that a fund manager calculates the TER to include adviser fees given not all clients pay them and different advisers charge different fees, not to mention some advisors charge different fees to different clients? The advice fee gets disclosed in the adviser's disclosure statement and the statement of advice, so the client can add that to the published TER of the fund they are invested in to see how much they are paying overall.
3 days ago First time caller