Archive - 2002
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December 2002
30 Dec 2002 Tower buyer remains a mystery
30 Dec 2002 Gallacher becomes Mercer principal
24 Dec 2002 Insurance and Superannuation Unit
24 Dec 2002 New Morningstar boss
24 Dec 2002 Teachers given more choice
24 Dec 2002 Oh! What a year
23 Dec 2002 Housing market continues to bubble
23 Dec 2002 Summer Rentals: Renting out your own home; Nelson
23 Dec 2002 When there is no wind, row
23 Dec 2002 Building societies no shrinking violets
20 Dec 2002 Housing market continues to bubble
20 Dec 2002 Minto confirmed as head
20 Dec 2002 Three funds put on hold
19 Dec 2002 Returns on NZ Super fund cut
19 Dec 2002 NZSE indices get early holiday
18 Dec 2002 Collins joins speaking line-up
18 Dec 2002 Kiwibank to use brokers
18 Dec 2002 Kiwibank to use brokers
17 Dec 2002 Guardians advance their thinking on investing the fund
17 Dec 2002 Offshore buyers push up Queenstown property values
17 Dec 2002 ING new recruit
17 Dec 2002 Speculation about JB Were
16 Dec 2002 Avoiding litigation
16 Dec 2002 Simple but effective
16 Dec 2002 Better business practices means better business
16 Dec 2002 Bluestone arrives in NZ
15 Dec 2002 News Round Up
13 Dec 2002 Quarterly survey to continue - for now
12 Dec 2002 Financial advisers regime to be strengthened
12 Dec 2002 Sponsors 2003
12 Dec 2002 Followers of style
12 Dec 2002 First NZ Capital and Securities become one
11 Dec 2002 Wanted to rent: any home, anywhere
11 Dec 2002 Stand-off in Auckland property boom
11 Dec 2002 Who will lead Tower?
11 Dec 2002 Kiwibank's lending conservative: Knowles
10 Dec 2002 Cullen gives lesson on diversification
10 Dec 2002 Rental Shortage: Hawera, New Plymouth
10 Dec 2002 Australian Property market 'almost bizarre'
10 Dec 2002 Court win for building safety
10 Dec 2002 ACT Press Release: Flawed Income Related Rents Bill
10 Dec 2002 Calan apologies
09 Dec 2002 Big changes at AMPH
09 Dec 2002 News Round Up
09 Dec 2002 Stevens leaves ASFONZ
08 Dec 2002 More mansions sold
06 Dec 2002 Tower chair attacks former ceo
06 Dec 2002 Sovereign launches a first
06 Dec 2002 Bridges burns Tower
05 Dec 2002 ANZ trains brokers
05 Dec 2002 Harvard Business Review Slams Cullen Super Fund
05 Dec 2002 Scobie joins Mercer
05 Dec 2002 Hong Kong: House prices dont always rise...
05 Dec 2002 Property Boom About To Cool Off
05 Dec 2002 Invercargill's rental housing shortage
05 Dec 2002 GSF performance OK'd
04 Dec 2002 Global gamble costs super fund $5000 per member
04 Dec 2002 Targeting Higher Net Worth Clients
04 Dec 2002 Three more Aust funds come to market
03 Dec 2002 Government Superannuation Fund Authority - Full report
03 Dec 2002 Funds Management World Australia 2002
03 Dec 2002 Market Review: NZ continues to be out of step
03 Dec 2002 BT adds hedge funds
03 Dec 2002 Mortgage Choice puts off listing
03 Dec 2002 Owen signs on again
03 Dec 2002 Women in Super
02 Dec 2002 CFA charter holders
02 Dec 2002 Adviserlink Introduction to Financial Planning
02 Dec 2002 News Round Up
November 2002
29 Nov 2002 Speakers at Rotorua announced
29 Nov 2002 Dakin heads Colonial Prop Fund
29 Nov 2002 Women finally reach parity with men in insurance
29 Nov 2002 Consumer still not happy with advisers
28 Nov 2002 Building Act Sound - Hunn Report
28 Nov 2002 Lord of the Rings sends house values soaring
28 Nov 2002 Gearing up for a risky shot at riches: Mary Holm
27 Nov 2002 Consents break 26 year record
27 Nov 2002 Public Trust profit promise (updated)
27 Nov 2002 Number of mortgage brokers falls
27 Nov 2002 Morningstar looks at its process
26 Nov 2002 NZers spend $19m in Gold Coast boom
26 Nov 2002 Sole resigns from Public Trust
25 Nov 2002 PSIS boss goes
25 Nov 2002 Leaky building lending
25 Nov 2002 News Round Up
23 Nov 2002 Prices rocket in city housing boom
22 Nov 2002 House Prices still strong
22 Nov 2002 Double dip chances fall
21 Nov 2002 Price still strong
21 Nov 2002 Holidaying On Your Investment Property
21 Nov 2002 Mortgage Rates Stable Until The End of 2003
21 Nov 2002 Urbus proposal succeeds
21 Nov 2002 Urbus proposal succeeds
20 Nov 2002 United Future welcomes Cullen superannuation move
20 Nov 2002 Good news for borrowers
20 Nov 2002 OCR unchanged
20 Nov 2002 Queen Street gets a makeover
20 Nov 2002 FPA Sydney
19 Nov 2002 BNZ appoints new relationship manager
19 Nov 2002 Adviserlink Essentials of Mortgage Broking
Latest News
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Weekly Wrap
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5+5 Ideal super savings rate experts say
5+5 Ideal super savings rate experts say
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Second funds management firm sold today
Second funds management firm sold today
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CastlePoint Funds sold (again)
CastlePoint Funds sold (again)
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Latest Comments
Give Total Rem the flick if KiwiSaver compulsory
As an investor, it is completely unacceptable to me that Total Remuneration continues if compulsion is brought in. It is simply wrong to continue putting downward pressure on salary and wages, particularly for people on minimum wage in a country that aspires to lift wages over time and raise the standard of living for NZers. National will lose my vote as a serious investor if they continue down the Total Remuneration path. No question...
1 week ago David Lawton
Give Total Rem the flick if KiwiSaver compulsory
This is just about the only online space outside of Newstalk ZB facebook comments where speaking out against blatant wage theft by multinationals is considered 'PC'. And yet still we wonder why those pesky younger generations of potential customers wholesale refuse to engage with traditional financial services. Couldn't be because our mindsets are stuck in the 1950s - no, it must be the kids who are wrong.
1 week ago Ross Alexander
Give Total Rem the flick if KiwiSaver compulsory
Murray, yup, agree with you. I see conflict of interests - the bigger the fund size, the more fees collected. Remuneration should be strictly a commercial decision because employers are the ones paying the wages. NOT for some "expert" preference. Well, an employer's budget permit a $100k package, he can pay either a) $88k salary + employer contribute $12k KS, or b) $94k salary of which $6k deducted for KS + employer contribute $6k. Depending how PC you guys want to be, and how much time and taxpayers' money you want to waste arguing about the structure.
1 week ago W K
Health and life insurers out of climate reporting
@ Murray D Weatherston - well said. The climate related disclosure (CRD) requirement for the financial services industry is yet another example of the last Government adding unnecessary cost and complexity to business. Currently banks and insurers have to hire more staff specifically to meet their new climate disclosure requirements and these costs inevitably get past on to customers. The New Zealand consumer continues to be saddled with additional costs due to an avalanche of overregulation much of which has questionable benefit. The only people who seem to be winning from this additional regulation are Wellington bureaucrats and those climate enthusiasts’ who are positioned to make a buck or secure a job. None of New Zealand's biggest climate polluters are associated with the financial services industry. Stats published by the Environmental Protection Authority in 2022 showed the biggest emitters were for milk, petrol, fossil (or natural) gas and meat businesses, with electricity, and steel companies rounding out the top group because of their fossil fuel use. By contrast, many of New Zealand’s biggest employers and profit makers (including banks, vineyards, telcos, healthcare companies and renewable energy providers) didn’t appear in the top climate polluter ranks because their emissions weren’t even high enough to qualify for compulsory reporting. As another reader of Good Returns said last year "I suspect we’ll look back on this climate reporting in years to come, with confusion & questions. Whilst there is no doubt that climate controls are increasingly important, I’m unsure whether the energy, effort & expense in producing these reports are the best use of resources &/or going to make any difference…” I look forward to the Ministry of Regulation reviewing and ultimately deciding to remove climate related disclosures as a compliance requirement for all of the New Zealand financial services industry.
2 weeks ago Simon Rule
KiwiSaver an option for mortgage advisers seeking ongoing income, provider says
Wy would any mortgage or insurance adviser refer their client to a kiwi saver provider/scheme that the owners also own a competing mortgage advisor and insurance company, whom already has a history of growing group schemes and then marketing to those customers directly for their own business entities.
2 weeks ago Valkyrie Vulcan