News
September issue - available now
Monday 3rd of September 2007
Each issue of The NZ Property Magazine will have tips and information to either help you save money, or make you more money on your property investments.
Also featured in the September 2007 issue:
- Opinion : Why you shouldn’t sell
- Housing commentary : A slowdown is finally becoming reality
- Ask an expert : Have your burning property questions answered
- Tenancy Tribunal : Decisions from the Tenancy Tribunal
- Tribunal delays : Landlords fed up with delays in the Tenancy Tribunal hearing system say they’re being dealt rough justice
- Profile :Sharon Trafford and her husband have amassed a property fortune within four years
- Creative financing : Two potential options for the cash flow strapped property investor are explored
- Increasing the rent : It’s not the time to be timid when considering a rent rise, but you must be fair
- Exterior renovations on a shoestring : How a low-cost exterior smarten-up can enhance first impressions, boosting your property’s value or sale price
- Investor psychology : Mindset matters for successful property investing: some thoughts on developing the right thoughts
- Body corporates : Some tax issues for a body corporate
- Agents’ secrets : Real estate agents sometimes get a bad rap. What tricks do they really get up to?
- Property and tax tips : Topical property and tax issues
- Renovating for profit : A four-week renovation success story – we give you a breakdown of the numbers
- Understanding sales methods : Fixed price, negotiation, auction, tender…Knowing how these work means a head start in the sale process
- Seminar review : Dean Letfus’ one-day workshop for property traders is reviewed
- Commercial property : The style of investment needs to be closely tailored to the individual for commercial property investing success
- Soho Ponsonby :The face of Auckland’s iconic suburb is changing
- Development profiles : Saffron will be New Zealand’s highest residential building: we give you the facts
- Economics : Keeping sight of the big picture
- Accounting : Lundy decision a GST boost for taxpayers
- Mortgages : Entity pitfalls for mortgage applications
- Tenancy management : The ins and outs of leasing minor dwellings
- Regional Review - Whakatane : The Eastern Bay of Plenty offers a range of opportunities for property investment, as well as an attractive lifestyle
- Property Investors’ Federation : News from around the regions
- Toolbox : Body corporate management at the click of a mouse
- Mortgage commentary : Uncertainty rules as overseas events impact on our economy
- Rental statistics, house prices
- Book review : Property Law – A NZ Investor’s Guide by Tony Steindle
- Plus all the latest books from the Good Returns bookshop
- And much more.
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Latest News
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