Archive
Year:
2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Filter:
Clear Filter
June 2016
29 Jun 2016 Regional auction watch: Strong demand for family home
28 Jun 2016 Building a new advice process – Start With A Question
28 Jun 2016 Special rate rise; OCR cut now more likely; New RB data on loans
28 Jun 2016 Associations expecting 'yes' vote
28 Jun 2016 Transfer firms untroubled by Brexit
27 Jun 2016 What Brexit means for NZ investors
27 Jun 2016 Mortgage lending hits record high
27 Jun 2016 David Whyte takes chair of planning group
27 Jun 2016 Smartshares and SuperLife to amalgamate
27 Jun 2016 Brexit means August OCR cut likely
27 Jun 2016 Finally some rate changes to report
27 Jun 2016 Insurer reactions 'too slow'
27 Jun 2016 Brexit: Don't panic
27 Jun 2016 Southern (Auckland) charm
24 Jun 2016 Value houses on performance
24 Jun 2016 SBS reports growth in a difficult year
24 Jun 2016 SBS records growth in a "difficult" year
24 Jun 2016 Boutiques take hold in NZ
24 Jun 2016 'No commission' structure doesn't translate
24 Jun 2016 Meth bill on the cards
23 Jun 2016 Rents spike in regions
23 Jun 2016 Otago leads rental growth pack
23 Jun 2016 Turbo-charged returns can't last: Super Fund
23 Jun 2016 Roboadvice could complement adviser businesses
22 Jun 2016 Second SPGI director sentenced
22 Jun 2016 Mortgage lending raises red flag
22 Jun 2016 Migration past its peak - economists
22 Jun 2016 Borrowing frenzy risks
22 Jun 2016 FSCL cuts fees
21 Jun 2016 [Comment] Advice matters
21 Jun 2016 Extra rates for investors?
21 Jun 2016 Accuro ventures deeper into SME market
21 Jun 2016 Regulation fears for advice businesses' value
21 Jun 2016 Forget returns and fees, investors told
21 Jun 2016 Check building guarantees - ComCom
20 Jun 2016 Local govt to target investors?
20 Jun 2016 Former finance firm completes full circle
20 Jun 2016 Institutional backing gets blame for high rates
20 Jun 2016 Westpac revises house price forecasts
20 Jun 2016 FNZ signs up with service to improve efficiencies
20 Jun 2016 Banks boost adviser job ads
20 Jun 2016 What's the home for direct-owned and listed property in a portfolio?
20 Jun 2016 Real estate fans should consider listed property: AMP Capital
20 Jun 2016 Health & safety: what you need to know
18 Jun 2016 NZ equity management: Will the tight-five continue to dominate play?
17 Jun 2016 New adviser body not on NAC menu
17 Jun 2016 Fee changes get advisers worked up
17 Jun 2016 Woman guilty of mortgage fraud
17 Jun 2016 New adviser association - yes, no, maybe?
17 Jun 2016 Platform aims for 'Xero of investment admin'
16 Jun 2016 Shot on goal for AIA
16 Jun 2016 Your views on the (proposed) new adviser association
16 Jun 2016 Kepa's fees changes for mortgage advisers worrying move
16 Jun 2016 Trans-Tasman appointment for Milford
16 Jun 2016 SuperCity apartments winners for investors
16 Jun 2016 Regions hot, Auckland cooling
16 Jun 2016 Low interest rates likely to be a problem for some time
16 Jun 2016 Hot and cold in regional auction
15 Jun 2016 Regions outpacing Auckland - REINZ
15 Jun 2016 Commissions not driving adviser behaviour
15 Jun 2016 Kepa to bump up adviser fees
15 Jun 2016 It's swings and round abouts today
15 Jun 2016 Ageing workforce an issue for advice
14 Jun 2016 Scam email targets finance sector
14 Jun 2016 SBS appoints former ASB exec as its new CEO
14 Jun 2016 More KiwiSaver options wanted
14 Jun 2016 Blaming landlords not the answer
14 Jun 2016 AMP appoints co-head of New Zealand fixed income
14 Jun 2016 Banks tighten belt on foreign borrowing
14 Jun 2016 Clarification offered on Financial Advice NZ questions
14 Jun 2016 Ross liquidators contact more investors
13 Jun 2016 ASB joins other main banks in limiting foreign borrowing
13 Jun 2016 ASB joins banks restricting foreign buyers
13 Jun 2016 Property hunter
13 Jun 2016 BNZ just pips Westpac with new Special
13 Jun 2016 A focus on sustainable growth and quality
13 Jun 2016 FMA must reveal more of Warminger case
13 Jun 2016 NZX sees ETF popularity grow
10 Jun 2016 Former Southern Cross boss dies
10 Jun 2016 Bay of Plenty new growth star
10 Jun 2016 RBNZ says LVR restrictions worked; but not how people expected
10 Jun 2016 Details of Financial Advice NZ yet to be worked out
10 Jun 2016 Rotorua property auction delivers varying results
10 Jun 2016 BNZ, Westpac, ANZ restrict foreign lending
09 Jun 2016 One body to rule them all
09 Jun 2016 More investor lending restrictions looming
09 Jun 2016 PAA and IFA reveal plans to launch new, unified organisation
09 Jun 2016 LVR restrictions stopped $20 bill of lending
09 Jun 2016 More on OCR announcement plus Live Webcast
09 Jun 2016 Financial stability reason for unchanged OCR
09 Jun 2016 Risk poor policy analysis could affect commission decisions
09 Jun 2016 Official Cash Rate left unchanged
09 Jun 2016 OCR stays at 2.25% - What the bank said today
09 Jun 2016 PAA and IFA reveal plans to launch new, unified organisation
09 Jun 2016 New option offered to pension transferers
09 Jun 2016 Without a voice
08 Jun 2016 Investor opportunities exist in Chch
08 Jun 2016 'Drastic' lending changes to challenge investors
08 Jun 2016 Trades concentrated with top five brokers
07 Jun 2016 ANZ's lending changes surprise mortgage advisers
Latest News
Pie Funds enters adviser channel
Pie Funds enters adviser channel
3 min read
KiwiSaver members need more advice at retirement, panellists say
KiwiSaver members need more advice at retirement, panellists say
3 min read
Simon Papa: Access to advice - Is adviser conservatism the issue?
Simon Papa: Access to advice - Is adviser conservatism the issue?
9 min read
Second funds management firm sold today
Second funds management firm sold today
3 min read
Latest Comments
Give Total Rem the flick if KiwiSaver compulsory
Thank you Backstage. Look beyond just the structure/s. Currently, both employee and employer's contribution are taxed. So, even if I add a 3rd option - $100k salary of which $12k deducted for KS and no employer contribution. It made no difference financially whether it is option a, b or c, assuming law says $12k of the $100k pay package must go to KS. It will make a difference if a new tax law says, employer's contribution is tax free, then option "a" is a no brainer.
2 weeks ago W K
Simon Papa: Access to advice - Is adviser conservatism the issue?
Thank you Simon for such a substantial and thought-provoking piece. You write that “the CoFI law creates the potential for the FMA to influence the supply of financial products and services, not just conduct in relation to such supply”, to which I would offer two replies: Yes; and About Time. Your piece (and also your submission on the draft Fair Outcomes Guide) do suggest a preference for Rational Choice Theory and the Efficient Market Hypothesis. The problems with this being: Humans are not ideally-rational agents, and even if they were, the market is problematically inefficient. The latter is by design, by and for the benefit of the financial institutions. Informational asymmetries mean that consumers often don’t/can’t obtain the information they need to make an informed choice about whether to acquire, retain, or dispose of a financial advice product. (Good luck finding out the actual/modelled loss ratio on optional benefit x on product y.) Extending conduct requirements/expectations beyond supply, into areas such as design and pricing over the full life cycle of products and service offered, should help rebalance the scales. I agree with you when you write: “What is “fair” is inherently vague and contestable.” It doesn’t follow that it is unsuitable. Financial services law is full of such terms: “reasonable,” “care,” “diligence,” and “skill” immediately spring to mind. “Unusually large transaction” and “unusual pattern of transactions” from 22(1)(c) of the AML/CFT Act are vague, and currently subject to contest in FMA v InvestNow. Finally, I agree that more FADC cases would be helpful. Also helpful would be more details from enforcement cases the FMA has taken over the years. For example: Where a FAP was found to have breached the Record Keeping standard condition, provide a couple of (suitably redacted) examples of deficient files, along with explanatory commentary. If your files look like that, then do better.
2 weeks ago Paul Flood
Give Total Rem the flick if KiwiSaver compulsory
@WK agree with your summary and Murray, "exactly". Im a little confused about the statement, total rem has got to go? Even more confused by am mentat... blatant wage theft? Confused about young people not thinking about retirement or insurance? I have had the unfortunate experience at times working for multi national insurance companies and I do not recall them trying to get their mits on my wages, when did this happen? For centuries young people have not been able to picture themselves retired or believe that they will be multi-millionaires by this time. By the way, i bet they have a bank account. Hopefully am mentat works it out or, if he is a prosperous employer just continues to give give give to his employees with wild abandon and continues to cheer on any political parties that place more financial burdens on small business where generally the owner has risked all to try and get ahead. Employing people and helping in this way to provide for there families also.
2 weeks ago Darryl Scott
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...
2 weeks 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.
2 weeks ago Ross Alexander