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
07 Jun 2016 Boosting Auckland returns with AirBnB
07 Jun 2016 Cashing in on interest rates
07 Jun 2016 A view of Brexit, from London
07 Jun 2016 Investors want more engagement
07 Jun 2016 Mortgage Supply lassos brokers out West
06 Jun 2016 Financial services people recognised in Queens Birthday awards
03 Jun 2016 Advisers in the sweet spot
03 Jun 2016 Brokers real success story for The Co-operative Bank
03 Jun 2016 OCR holding - Economists
03 Jun 2016 [EXCLUSIVE] Banks capture most new AFAs
03 Jun 2016 OCR calls favour hold
03 Jun 2016 Auckland prices static
02 Jun 2016 Debt-to-income ratios under discussion
02 Jun 2016 Councils must open up land to match growth
02 Jun 2016 Don't believe all the hype about property flipping
02 Jun 2016 Frequent flipping a myth
02 Jun 2016 Adviser helps train up new AFAs
02 Jun 2016 Rental insulation requirements are now law
01 Jun 2016 Credit Union Baywide receives good news
01 Jun 2016 Investors driving value growth - QV
01 Jun 2016 Waikato market surprises
01 Jun 2016 No rush to cut OCR
01 Jun 2016 Changes at Westpac
01 Jun 2016 $1.9 mill start for PAA Legacy Trust
May 2016
31 May 2016 Auckland under pressure
31 May 2016 share
31 May 2016 Consents drop amid supply furor
31 May 2016 Less urgency to cut OCR but bias remains
31 May 2016 The problem with the ideal
31 May 2016 HSBC: OCR holding till August
31 May 2016 Nice 5th birthday present for Partners Life
31 May 2016 The Partner's story rolls on with a new multi-million investment
30 May 2016 New Watercare option for Auckland landlords
30 May 2016 OCR on hold till August - HSBC
30 May 2016 Kiwibank's 3.99% gone
30 May 2016 Brexit, stage left
30 May 2016 Fee guidance doesn't answer all questions
30 May 2016 Rich pickings in NZ's fruit bowl
27 May 2016 Property investment loans in the spotlight
27 May 2016 Budget unlikely to change Reserve Bank views
27 May 2016 Investors dominating housing market
27 May 2016 Code changes likely by year's end
27 May 2016 Too cool for comfort?
26 May 2016 More needed to address supply issues
26 May 2016 Budget 2016: what it has to say on property
26 May 2016 TSB tweaks
26 May 2016 FMA: Changing regulatory landscape hard for some
26 May 2016 Investors’ mortgage lending share up
26 May 2016 SHA fast-tracking to be protected
26 May 2016 Investors dominating market
25 May 2016 First NZ buys wealth firm
25 May 2016 Optioning commercial alternatives
25 May 2016 The Co-Op Bank makes changes
25 May 2016 Tax changes suggested to hit richer pensioners
24 May 2016 Tactical guessing game
24 May 2016 Demand pushes Auckland rents up
24 May 2016 Investors brace for higher interest rates
24 May 2016 Property investment loans to cost more
24 May 2016 Crown land supply plan moves forward
24 May 2016 Managing investment risk
24 May 2016 FMA: Advice at retirement 'crucial'
23 May 2016 June cut speculation
23 May 2016 Inflation concerns could mean June cut
23 May 2016 What do you cut when something has to give?
23 May 2016 Maximising development returns
23 May 2016 Lack of advisers a '10- to 30-year problem'
22 May 2016 Fraudulent former adviser fails in court bid
20 May 2016 Hefty penalty for real estate price fixing
20 May 2016 Stubbs looking to launch new KiwiSaver offer
20 May 2016 Migration steady, but slowing
20 May 2016 Nikko reports strong retail growth
20 May 2016 Making the letting process easier
20 May 2016 ASB plays the long game
20 May 2016 China more tempting but time not yet right
19 May 2016 FMA: No emails please
19 May 2016 AMP makes advice appointments
19 May 2016 Auckland’s pain is shared - ASB
19 May 2016 ASB appoints new boss for wealth and insurance
19 May 2016 FSC launches income protection information
19 May 2016 Density real key to growth
19 May 2016 Warning: No room for complacency on digital disruption
18 May 2016 Get rid of Auckland’s urban boundary - Labour
18 May 2016 Meth testing standard in the works
18 May 2016 Investor confidence drops
18 May 2016 SBS betters its big bank peers
18 May 2016 Reserve Bank calls for lower commissions
18 May 2016 SuiteBox woos Kiwi advisers
17 May 2016 New CEO for Mortgage Express
17 May 2016 New manager for First Mortgage
17 May 2016 Big lift in KiwiSaver withdrawals
17 May 2016 Expect more lending restrictions soon
17 May 2016 Property Council: Debt to income ratio won't solve shortage
17 May 2016 Anti-commission argument not winning: Ballantyne
17 May 2016 Autopilot mode helps KiwiSaver members to better returns
16 May 2016 Harmoney appoints chair
16 May 2016 Pressure on Council ramps up
16 May 2016 Former bank board member joins GFS
16 May 2016 Turning up the heat
16 May 2016 New norm for two-year specials
16 May 2016 Global investments a drag on KiwiSaver
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