Archive - 2003
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May 2003
15 May 2003 Budget 2003
15 May 2003 2003 Fidelity Life Roadshow
15 May 2003 S&P cuts AMP's rating
15 May 2003 Budget expectations low
15 May 2003 Super fund is the cornerstone
14 May 2003 Property Pack Auckland are mortgage people
14 May 2003 Spicers' Quarterly Strategy Paper
14 May 2003 Promina charts a new course
14 May 2003 ACC's ethical investment process attacked
14 May 2003 Two familiar names join Tower
14 May 2003 St Laurence takes its first steps
14 May 2003 ACC's ethical investment process attacked
13 May 2003 Wellington Residential Report
13 May 2003 Safe as houses
13 May 2003 Did the RBNZ get it wrong?
13 May 2003 March housing consents hit a 26-year high
13 May 2003 2003 Fidelity Life Roadshow
13 May 2003 2003 Fidelity Life Roadshow
13 May 2003 Breakthrough in super schemes impasse imminent
13 May 2003 Did the RBNZ get it wrong?
13 May 2003 Break through in super schemes impasse imminent
12 May 2003 Stevens joins Equitable
12 May 2003 Promina price positive
11 May 2003 United proposes tax rebate for savings schemes
11 May 2003 Donald continues his attack on intl shares
09 May 2003 Mystery bidder forced to up price
08 May 2003 Minister hi-jacks summit
08 May 2003 McEwan makes ASB Group Investment appointments
08 May 2003 2003 Fidelity Life Roadshow
08 May 2003 2003 Fidelity Life Roadshow
08 May 2003 Endeavour ignores Securities Commission
07 May 2003 Few think BNZ's decision good
07 May 2003 2003 Fidelity Life Roadshow
07 May 2003 Market Review: Markets at a cross-roads?
07 May 2003 Perry to leave ASB
07 May 2003 Banks post impressive performance
06 May 2003 2003 Fidelity Life Roadshow
06 May 2003 ASFONZ Education Programme – Module Three
06 May 2003 2003 Fidelity Life Roadshow
06 May 2003 Investors getting adequately compensated: Hart
05 May 2003 March housing consents hit a 26-year high
05 May 2003 Give workers a say over super
04 May 2003 AMP appoints head to new property business
04 May 2003 BNZ discards brokers
04 May 2003 News Round Up
04 May 2003 North Shore rental properties cost top dollar
02 May 2003 2003 Fidelity Life Roadshow
02 May 2003 Rates to head in opposite directions
02 May 2003 S&P confirms Lumley's ratings
01 May 2003 Rates to head in opposite directions
01 May 2003 AMP to divorce British business
01 May 2003 ASFONZ Education Programme – Module Three
01 May 2003 War knocks investor confidence
01 May 2003 GST on fees idea dropped
April 2003
30 Apr 2003 Work-based savings focus of PRG
30 Apr 2003 AMP to keep E Loan running
30 Apr 2003 AMP says don't go now
29 Apr 2003 ASFONZ Education Programme – Module Three
29 Apr 2003 Savings and Fund Managament Summit 2003
29 Apr 2003 Education key part of savings
29 Apr 2003 Morningstar changes rating system
28 Apr 2003 What the future holds
28 Apr 2003 RBNZ cuts rate
28 Apr 2003 'King Con' property dealer operating in NZ
28 Apr 2003 Fourie joins Tower
28 Apr 2003 Purchase accelerates HSBC's growth
28 Apr 2003 Funds flow slows
24 Apr 2003 Dated life insurance law to be reviewed
24 Apr 2003 Bollard surprises with a rate cut
24 Apr 2003 RBNZ cuts rate
24 Apr 2003 House prices keep rising
24 Apr 2003 House prices keep rising
23 Apr 2003 Record breaking March for house sales
23 Apr 2003 Home affordability stablises
23 Apr 2003 Opposition still cowering naked in the bushes: Cullen
23 Apr 2003 Home affordability stablises
23 Apr 2003 Principal's A$250 mill indemnity
22 Apr 2003 Tough call on OCR this week
22 Apr 2003 AMP Henderson makes new appointment
22 Apr 2003 Tough call on OCR this week
22 Apr 2003 Tough call on OCR this week
20 Apr 2003 Housing affordability - Nelson 2nd behind auckland
19 Apr 2003 Homeowners warned of $20m bill for leaking village
19 Apr 2003 Trusts not bullet-proof for asset protection
18 Apr 2003 Tenants under pressure
18 Apr 2003 Cost of house building set to rocket in the Far North
17 Apr 2003 RSA to wind down its mortgage insurance business
17 Apr 2003 Liquid evaporates
16 Apr 2003 Lenders tweak interest rates
16 Apr 2003 RSA's new name is not Promina
16 Apr 2003 Look at what's in front of you
16 Apr 2003 Global Bonds – a rising star?
16 Apr 2003 Guardians announce further advisor appointments
16 Apr 2003 Non-compliance not new to Westpac
15 Apr 2003 HSBC picks up AMP mortgage business
15 Apr 2003 AMP sells banking business
14 Apr 2003 Airport man lands at Urbus
14 Apr 2003 Adviserlink Essentials of Mortgage Broking
14 Apr 2003 Lenders tweak rates
14 Apr 2003 News Round Up
Latest News
Weekly Wrap
Weekly Wrap
1 min read
5+5 Ideal super savings rate experts say
5+5 Ideal super savings rate experts say
2 min read
Second funds management firm sold today
Second funds management firm sold today
3 min read
CastlePoint Funds sold (again)
CastlePoint Funds sold (again)
3 min read
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