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
April 2016
06 Apr 2016 Kepa to offer more focused support, faces new competition in market
06 Apr 2016 When to worry about meth
06 Apr 2016 Milford appoints director
06 Apr 2016 Interesting comings and goings with dealer groups
06 Apr 2016 Another building society moves
05 Apr 2016 SIL and MFL stop taking new members
05 Apr 2016 Life after Jennings 'business as usual'
05 Apr 2016 Affordability improvement will be short-lived
05 Apr 2016 Kepa home loans boss steps down
05 Apr 2016 Greens' Kiwibank stance criticised
05 Apr 2016 Limited supply pushes prices up
05 Apr 2016 Squirrel offer open to public
05 Apr 2016 Wu: Don't expect Chinese improvement for some months
04 Apr 2016 Squirrel offer open
04 Apr 2016 Safe as houses
04 Apr 2016 Demand driving regional prices
04 Apr 2016 We have a new one-year rate leader
04 Apr 2016 Cut to boost or hike to slow?
04 Apr 2016 China's global importance
04 Apr 2016 Stretched equities make absolute funds appeal: Managers
01 Apr 2016 Rob Tucker takes on new role
01 Apr 2016 Rob Tucker takes on new role
01 Apr 2016 Advisers help change behaviour, not just sell a product
01 Apr 2016 Reserve Bank's 'fine balance'
01 Apr 2016 Look to the regions
01 Apr 2016 Get smart
01 Apr 2016 Where is the line for 'disrepute', IFA asks
March 2016
31 Mar 2016 New kid on the block
31 Mar 2016 New business to offer online compliance help
31 Mar 2016 Investment planner pleads guilty
31 Mar 2016 Focus on affordability grows
30 Mar 2016 Mistake to overlook due diligence
30 Mar 2016 Construction on the rise
30 Mar 2016 BNZ moves one-year Special lower
30 Mar 2016 Southern Cross launches life insurance
30 Mar 2016 Pie funds' KiwiSaver plans on hold
30 Mar 2016 Pie funds' KiwiSaver plans on hold
30 Mar 2016 Wellington South: Positively diverse
29 Mar 2016 New kid on the block
29 Mar 2016 Verhaart leaving AMP Capital
29 Mar 2016 Kiwibank takes aim at two-year term
29 Mar 2016 'Disappointed' PAA boss says advisers support missive
29 Mar 2016 Australasia one single housing market
26 Mar 2016 Squirrel offer may go public
25 Mar 2016 Getting better building information
24 Mar 2016 GFS plans to expand
24 Mar 2016 RBNZ to investigate alleged OCR leak
24 Mar 2016 Reverse mortgage growth moving forward
24 Mar 2016 Fund manager to lose PIE status
24 Mar 2016 Investor lending picks up
24 Mar 2016 Apartment takeover
24 Mar 2016 Advisers criticised for no-show
24 Mar 2016 Quirk leaving Milford role
24 Mar 2016 Young people holding back from buying
24 Mar 2016 Sovereign adviser re-engagement gets off to good start
24 Mar 2016 Trip cut-offs changed
24 Mar 2016 Lifetime boss hopes momentum will grow
24 Mar 2016 AMP offers insurance deal to stem flow of customers to bank KiwiSaver schemes
24 Mar 2016 Housing supply tax fears eased
23 Mar 2016 New dawn for Springpark
23 Mar 2016 Westpac and Co-Op banks move rates
23 Mar 2016 Advisers slow to file renewals
23 Mar 2016 Cutting through the red tape
22 Mar 2016 Housing risk with lower OCR – S&P
22 Mar 2016 Unit rents lead the way
22 Mar 2016 New boss for Aegis
22 Mar 2016 ASB forecasts 1.75% OCR
22 Mar 2016 Court battle costs broker everything
22 Mar 2016 Harmoney puts brakes on secondary market
22 Mar 2016 Suitability tool launched
22 Mar 2016 Property dreams on ice
21 Mar 2016 MBIE to reveal submissions
21 Mar 2016 More OCR cuts to come - ASB
21 Mar 2016 ANZ inches up the league table with fixed rate pricing cuts
21 Mar 2016 BNZ signs up second dealer group
21 Mar 2016 Higher standards for RFAs a must for financial advice 'profession'
21 Mar 2016 Migration defies forecasts
18 Mar 2016 Comparing selected banks
18 Mar 2016 Comparing lenders
18 Mar 2016 PI cover: More cost - any benefit?
17 Mar 2016 Shortlist for state house sales
17 Mar 2016 BNZ finally move
17 Mar 2016 [Updated] JMIS gets most of the Sovereign money
17 Mar 2016 Kepa not keeping regional roles
17 Mar 2016 Registering property to get easier
16 Mar 2016 Mortgage fraudster gets jail time
16 Mar 2016 Dairy downturn's impact on bank profits
16 Mar 2016 Playing the man not the ball
16 Mar 2016 No role for politicians in OCR uproar - experts
16 Mar 2016 Which banks are the most generous?
16 Mar 2016 Churn report due in mid-2016
16 Mar 2016 AMP Capital to offer direct investment
16 Mar 2016 Auckland’s summer holiday over
16 Mar 2016 Dropout to young success
16 Mar 2016 Remove barriers to earthquake proofing
15 Mar 2016 ANZ under scrutiny
15 Mar 2016 Hotchin gets leave to appeal
15 Mar 2016 Playing the ball not the man
15 Mar 2016 Looming impact of global funding costs
15 Mar 2016 Roboadvice is coming
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