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July 2017
27 Jul 2017 Thursday news in brief
26 Jul 2017 Booster buys into wine
26 Jul 2017 Bumpy lending ride continues
26 Jul 2017 Simplicity lodges first update
26 Jul 2017 nib First Choice network
26 Jul 2017 Adviser complaints up 70pc
26 Jul 2017 New data shows property investor lending way down
26 Jul 2017 Healthy homes debate fires up
25 Jul 2017 More than insurance advice
25 Jul 2017 Rents a mixed bag across New Zealand
25 Jul 2017 Bigger questions to ask of retirement policy: Report
24 Jul 2017 Fisher joins Rich List
24 Jul 2017 BAA adds identity verification feature
24 Jul 2017 Warehouse offloads Money
24 Jul 2017 Slater to return to dispute resolutions
24 Jul 2017 Financial Advice NZ funding a work in progress
24 Jul 2017 6 ways to add commercial value
21 Jul 2017 New record heats up migration debate
21 Jul 2017 Getting to Know: Brent Sheather
21 Jul 2017 Kiwi company attracts $200 million global investment
21 Jul 2017 FMA finds room for improvement
21 Jul 2017 Robo exemption would clarify murkiness: FSF
20 Jul 2017 56% of Akld house costs due to land regulation
20 Jul 2017 Partners restarts shadow share scheme
20 Jul 2017 FMA overstepping bounds: Weatherston
20 Jul 2017 Peters wants spotlight on banks
20 Jul 2017 Thursday news in brief
20 Jul 2017 Decline in affordability round NZ
19 Jul 2017 Luck might run out for passive managers
19 Jul 2017 Performance fees still need work: Morningstar
19 Jul 2017 The rising cost of financial advice
19 Jul 2017 Lack of adviser voice 'scary'
19 Jul 2017 Europe recovery creating opportunities for investors
19 Jul 2017 Review a resounding win for the 'big end of town'
19 Jul 2017 Why now is the time for active management
19 Jul 2017 Will bonds bail you out next time?
19 Jul 2017 New builds: what investors should know
18 Jul 2017 Online platform: We're not a threat
18 Jul 2017 Preparing for future investing trends
18 Jul 2017 Request useful investor information, advisers told
17 Jul 2017 Money Week approaches
17 Jul 2017 Get real!
17 Jul 2017 More than 75% of advisers using ETFs
17 Jul 2017 24 properties & a 4-hour work week
14 Jul 2017 Housing: National vs Labour
14 Jul 2017 SBS eyes 'partnership' with mortgage advisers
14 Jul 2017 Ross liquidators want $21m
14 Jul 2017 Getting to Know: Michael Naylor
14 Jul 2017 GRTV: Code working group, active v passive and the rising cost of financial advice
14 Jul 2017 ANZ launches scheme to help retain KiwiSaver clients
13 Jul 2017 Adviser gets community work, fine
13 Jul 2017 National sales volumes plummet
13 Jul 2017 Lyndal Cruickshank Brunt joins Plus4 Insurance Group
13 Jul 2017 Can experts predict market turning points?
13 Jul 2017 Thursday news in brief
13 Jul 2017 $2b tilting programme 'good example' for advisers
13 Jul 2017 Downward trend spreads
12 Jul 2017 Decline in banking sector profits - KPMG
12 Jul 2017 Committee argues for level playing field for advisers
12 Jul 2017 Political support for longer term leases
11 Jul 2017 Handing out the Infrastructure Fund
11 Jul 2017 Harbour appoints new COO to replace Kaye
11 Jul 2017 Opportunities in childcare sector
11 Jul 2017 MBIE: Advisers will be consulted
10 Jul 2017 Warminger appeal date set
10 Jul 2017 Change at top of Harbour
10 Jul 2017 Enabling better growth planning
10 Jul 2017 Debt capital markets change
10 Jul 2017 Concerns aired over Code Working Group
10 Jul 2017 Pattern Matching versus Doing Maths
10 Jul 2017 Little medical cover for mental health
10 Jul 2017 Qualitative reports 'class advice'
10 Jul 2017 Top 10 dynamite growth areas
09 Jul 2017 Bank battle costs sponsorship
08 Jul 2017 Active managers time is coming: Moore
07 Jul 2017 Advice becoming more expensive
07 Jul 2017 Banks quietly seething
07 Jul 2017 Day of reckoning to come
07 Jul 2017 Getting to Know: Simon Hassan
07 Jul 2017 ASB follows suit and raises rates
07 Jul 2017 Call for consistent retirement savings target guidelines
06 Jul 2017 Financial Advice NZ seeking mortgage voice
06 Jul 2017 LendMe rebrands, takes on Australia with bank boss at helm
06 Jul 2017 Mortgage fraud charges for group
06 Jul 2017 Making off-the-plan buying easier
06 Jul 2017 nib tackles costs to keep premiums down
06 Jul 2017 Get real on disclosure
06 Jul 2017 FMA rules could stop KiwiSaver robo before it starts
06 Jul 2017 Thursday news in brief
05 Jul 2017 Hawkish talk foreshadows rate rises
05 Jul 2017 Fidelity appoints distribution officer
05 Jul 2017 Low sales dragging prices down
05 Jul 2017 Auckland sales down by 30% - QV
05 Jul 2017 New AML classification for financial advisers - what changes?
05 Jul 2017 RTA amendments over first hurdle
04 Jul 2017 Return of Cup would benefit investors
04 Jul 2017 Last orders at the liquidity bar?
04 Jul 2017 Harbour re-launches income fund
04 Jul 2017 Advisers told: Your voice will be heard
03 Jul 2017 Finance boost for UDC buyer
Latest News
Use Your Client Book to Fund Growth, Succession, and Acquisition
Use Your Client Book to Fund Growth, Succession, and Acquisition
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FNZ to build advice platform for FirstCape
FNZ to build advice platform for FirstCape
2 min read
MAS turns to OMNIMax for advice solution
MAS turns to OMNIMax for advice solution
2 min read
Former Kiwi Wealth boss turns to advice
Former Kiwi Wealth boss turns to advice
5 min read
Latest Comments
When a night is not a night
Nice commentary. I agree it's pretty pedantic to look at hours rather than nights. And I have had claims where hours rather than nights have been used to determine payment of this benefit. My experience with this has been mixed, with some insurers considering discharge and readmission to be the same admission paying a contiguous claim. With others being a bit pedantic. Given my knowledge and history with product changes, I can only conclude that someone has complained about the definition(s) which have driven changes tightening the response. End of the day the insurers are under pressure with claims, and we have seen this benefit removed with Southern Cross and moved into an optional area with Partners Life. So it's no longer a given there will be a response from policies for this either.
2 weeks ago Jon-Paul Hale
FNZ to build advice platform for FirstCape
That seems an awfully long-winded way to say FirstCape will be adopting its newly acquired Consilium FNZ platform. The’ve done the heavy lifting so why not acknowledge that. Or are they really going to start from scratch?
2 weeks ago John Milner
Stobo resigns FMA chair after investigation
@Amused – I wouldn’t feel too bad about the use your comment was put to. And the fact Stobo wasn’t on the Indi board at the time of his resignation doesn’t make the conflict less problematic. I have no view on whether Stobo fell victim to a “witch hunt". I’m not sure that Barrass’ view represents a change, on her part, of how she viewed the Indi conflict. It is possible (as I am suggesting) that the FMA never had a proper view of the conflict in the first place. Liam Mason’s initial assessment that the conflict was unremarkable was flawed, in my opinion. "Good and effective management of conflicts of interest is particularly important for a Crown regulator. If conflicts are not recognised, acknowledged and managed appropriately, they can quickly undermine the integrity of officials, the organisation’s decisions, and public and business confidence in the integrity of the organisation." (Kirsty P McDonald ONZM QC, 2022) The identification and management of the Stobo/Indi conflict needs to be understood in the context of shortcomings identified in the report (cited above) following a 2022 independent review into the FMA’s management of the Rob Everett/Booster COI. There’s a theme emerging. I wonder what the Stobo/Indi Conflict Mitigation Record shows (if anything). There’s nothing in Aldred KC’s report that would suggest this was provided to her. Liam Mason emailed Stobo on 12th July 2025, expressing concern that Indi was using Stobo as a marketing prop. This suggests mitigation strategies were not put in place for this entirely foreseeable risk back at the time the conflict was first disclosed.
3 weeks ago Paul Flood
Sharesies opens advice offering to New Zealand investors
Why did they add cash and bonds into there High Growth portfolio? I'm so confused.
3 weeks ago my realname
Stobo resigns FMA chair after investigation
@ paul flood – thanks for making me aware of this. I stand by my comment that nobody in a regulatory role should ever be sitting on the board of a provider which that regulator is charged with monitoring. Do I feel a bit stink now that my comment on Good Returns was used by the FMA as part of a “witch hunt” to remove Mr Stobo as FMA Chair? Of course I do. Mr Stobo was not sitting on the board of any financial services provider monitored by the FMA at the time he offered his resignation to Commerce Minister Cameron Brewer. Interesting how things changed below from Mr Stobo’s initial appointment as the FMA chair “The FMA has a rigorous conflicts of interest process for board members to identify potential interests and to ensure that board members comply with their obligations under the Crown Entities Act. The FMA maintains a list of members’ interests. This is updated in advance of each board meeting and board members confirm its accuracy at the meeting. Mr Stobo’s interest in The Independent Mortgage Company (Indi) has been disclosed under this process.” To - “When I interviewed Ms Barrass (FMA chief executive) she told me that she considered the role with Indi was “heavily conflicted” and that the matter was a serious one for the FMA because We [the FMA] need to be beyond reproach because the inappropriate management of conflicts is not just a matter of regulatory requirements”. None of the smears against Mr Stobo have been upheld in this report by Wendy Aldred KC. Questions need to be asked by our politicians as to what has happened here. It appears people employed at Government agencies in Wellington who have a different political view to that of the public service should be cautious now when expressing their opinions. Political neutrality is sighted by KC Wendy Aldred as to why Mr Stobo should resign and yet she is part of Health Coalition Aotearoa which is a a coalition of member organisations committed to closing the health prevention gap in Aotearoa by advocating for Te Tiriti-led, evidence-based, policies. Does anyone think that Wendy Aldred KC can be considered “politically neutral” with her report prepared for the FMA?
3 weeks ago Simon Rule