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July 2017
03 Jul 2017 Upping the earthquake ante
03 Jul 2017 Complectus boss leaves firm after sale fails
03 Jul 2017 One up, one down
03 Jul 2017 West side story
03 Jul 2017 KiwiSaver: Advisers' saviour, or a lot of work for little gain?
03 Jul 2017 Insurers could do better: FSC
02 Jul 2017 Banks refuse comment on PAA letter
01 Jul 2017 Good time to deploy protection: Pathfinder
01 Jul 2017 Rise in apartments boosts choice
June 2017
30 Jun 2017 Warminger slapped with hefty penalty (+ JUDGMENT)
30 Jun 2017 Consents trend recovering
30 Jun 2017 Echoes of past cycle - ANZ
29 Jun 2017 The full PAA letter
29 Jun 2017 Adviser returns to MortgageLink
29 Jun 2017 PAA slams banks for undermining advisers
29 Jun 2017 New meth decontamination levels revealed
29 Jun 2017 Thursday news in brief
29 Jun 2017 Funding lack puts apartments at risk
29 Jun 2017 Hundreds of would-be advisers sign up
29 Jun 2017 Working group 'completely irresponsible'
29 Jun 2017 New robo service 'NZ's smartest financial adviser'
29 Jun 2017 Getting to Know: Wayne Smith
28 Jun 2017 Insulation wake-up call
28 Jun 2017 AVANTI RAMPS UP ITS MORTGAGE TEAM
28 Jun 2017 PAA vs the banks: Round one
28 Jun 2017 KiwiSaver could better serve low-income earners: AMP
28 Jun 2017 Investor lending decline continues (+GRAPH)
27 Jun 2017 Younger investors rate responsible investment: Fisher Funds
27 Jun 2017 Code working group ignores sector: FSF
27 Jun 2017 Six great ways to maximise property value
26 Jun 2017 Reforming the EQC
26 Jun 2017 Unhappy Customers
26 Jun 2017 Churn work takes next step
26 Jun 2017 Levy change could mean more cost for clients
26 Jun 2017 Selecting a sector
23 Jun 2017 Public Trust to lose guarantee
23 Jun 2017 Getting to Know: Bruce Cortesi
23 Jun 2017 Rising build costs bad news
23 Jun 2017 Time to rebrand trauma: IFSO
23 Jun 2017 Robo: Get behind, or get left behind
23 Jun 2017 Legislation date confused: MBIE
22 Jun 2017 Review of insurance contracts law coming - but what will it cover?
22 Jun 2017 OCR held, but for how long?
22 Jun 2017 Thursday news in brief
22 Jun 2017 QROPS adviser breached code: FADC
22 Jun 2017 Avanti creates new role and fills from a competitor
22 Jun 2017 Game of watch and wait for OCR
22 Jun 2017 Sale of trustee business Complectus falls
22 Jun 2017 OCR held again - here's what RBNZ had to say
22 Jun 2017 OCR held again - here's what RBNZ had to say
22 Jun 2017 No change to OCR - again
22 Jun 2017 Advisers told: Speak now if you want your voice heard
22 Jun 2017 Migration boom continues
21 Jun 2017 UDC vote approves trust deed change
21 Jun 2017 RFAs need to sit up and take note
21 Jun 2017 New code working group: your future's in their hands
21 Jun 2017 Rates set to rise after banks’ downgrade
21 Jun 2017 Roboadvice is coming
21 Jun 2017 It's payday for The Co-operative Bank customers
21 Jun 2017 Next phase of AML might mean more work for advisers
21 Jun 2017 Northern rents booming - but not for all
20 Jun 2017 NZCU Baywide offering high interest and flexible term deposit options
20 Jun 2017 Investment advice for high-net-worth clients - or a Ponzi scheme?
20 Jun 2017 SBS produces the goods
20 Jun 2017 SBS produces record result
20 Jun 2017 FMA appoints board member
20 Jun 2017 Financial Advice NZ: What's really new?
20 Jun 2017 Affordability measure proves more houses needed
19 Jun 2017 FSC launches new awards
19 Jun 2017 TSB's close to market leading rate; OCR preview
19 Jun 2017 Health cover for your clients just got easier!
19 Jun 2017 Traditional balanced funds - return free risk?
19 Jun 2017 Focus on bank sales may be good news for advisers
19 Jun 2017 Hard road to success
16 Jun 2017 Stubbs on attack with fee calculator
16 Jun 2017 Verdict in on this week's OCR call
16 Jun 2017 Getting to Know: Claire Matthews
16 Jun 2017 11 is the magic number for Westpac
15 Jun 2017 'Crushing' penalty sought in Warminger case
15 Jun 2017 Building for the future
15 Jun 2017 Is the writing on the wall for handwritten loan apps?
15 Jun 2017 FMA proposal criticised by fund managers
15 Jun 2017 Thursday news in brief
14 Jun 2017 Stand-down period sparks complaint
14 Jun 2017 Mortgage Express adds another adviser
14 Jun 2017 Full steam ahead for Three Kings development
14 Jun 2017 Units buck slowing trend
14 Jun 2017 Subdued market more balanced
14 Jun 2017 KiwiSaver contribution decision a missed opportunity
13 Jun 2017 Harris moves to Pie
13 Jun 2017 Reigning in Wellington landlords
13 Jun 2017 Stretched valuations make allocation decisions harder: Researcher
13 Jun 2017 Match racing: NZ PIE funds vs US ETFs
12 Jun 2017 Taskforce reveals way forward for Auckland
12 Jun 2017 Mark Weaver has died
12 Jun 2017 TSB's profit falls and some rates rise
12 Jun 2017 Give advisers something to be proud of: Dodds
12 Jun 2017 It’s CRUNCH TIME on the property clock
11 Jun 2017 TSB lends through Harmoney
11 Jun 2017 TSB sees big profit fall
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
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MAS turns to OMNIMax for advice solution
MAS turns to OMNIMax for advice solution
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Former Kiwi Wealth boss turns to advice
Former Kiwi Wealth boss turns to advice
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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