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 2014
19 Apr 2014 Sharemarket outlook
18 Apr 2014 Can conditions get better for NZ equities?
17 Apr 2014 Economists: Expect another increase
17 Apr 2014 New BNZ boss appointed
17 Apr 2014 PM Capital does another listed fund
17 Apr 2014 [Weekly Wrap] A bit of financial planning nostaliga
17 Apr 2014 Call for advisers to audit each other
17 Apr 2014 Make tax an election issue: FSC
17 Apr 2014 Regional buyers not unfairly disadvantaged: Alexander
17 Apr 2014 Commercial investors' confidence grows
16 Apr 2014 Guardian Trust final payout
16 Apr 2014 Pricing chaos in home loan market
16 Apr 2014 Pricing chaos in home loan market
16 Apr 2014 NZFP cuts AMP connection; Two jump ship
16 Apr 2014 Landlords not passing on higher costs: Barfoot
15 Apr 2014 More lenders to join Welcome Home Loans; SBS axes tiers
15 Apr 2014 Dunn Funds put on hold
14 Apr 2014 Welcome Home Loans to expand
14 Apr 2014 The Co-operative Bank joins KiwiSaver
14 Apr 2014 Call for Govt to come clean on intentions
14 Apr 2014 Case leaves bankruptcy questions unanswered
14 Apr 2014 NZPIF: Landlords aren't speculators
14 Apr 2014 Aussie-style restrictions may not be the answer: Alexander
14 Apr 2014 Twenty years to fix affordability: Smith
12 Apr 2014 Obituary: Kelvin Syms
11 Apr 2014 [Weekly Wrap] Crackle, bang, pop
11 Apr 2014 Financial literacy tools reach teachers
11 Apr 2014 [UPDATED] Moyle: Steer clear of messy family situations
11 Apr 2014 Turnover still dropping: REINZ
10 Apr 2014 Spicers' restraint of trade draconian
10 Apr 2014 Changes for landlords chasing debt
10 Apr 2014 Landlords take aim at WOFs
09 Apr 2014 Health Funds says research data wrong
09 Apr 2014 ASB appoints new executive GM
09 Apr 2014 Two very different stories today
09 Apr 2014 [VIDEO] Where does money come from?
09 Apr 2014 Multiple distribution channels a problem
09 Apr 2014 FMA invites Sheppard to share Hanover report
08 Apr 2014 Learning from investment failure
08 Apr 2014 Too many Kiwis blowing KiwiSaver payouts
08 Apr 2014 KiwiSaver belongs to the KiwiSavers
08 Apr 2014 Westpac moves on tiers, but not on LEMs
08 Apr 2014 NZ First wants law reviewed
08 Apr 2014 WOF costs a concern: NZCPR
08 Apr 2014 First-time buyers change buying habits
07 Apr 2014 Westpac moves rates, defends low equity margin
07 Apr 2014 Low-equity fees face legal questions
07 Apr 2014 Another KiwiSaver scheme closes
07 Apr 2014 DIMs and Adviser Return - Make your voice heard
07 Apr 2014 Roy Morgan paints sobering picture of insurance coverage
07 Apr 2014 Barnes and Milford create new trustee company
07 Apr 2014 FMA: DIMS harder but not impossible
07 Apr 2014 Just meeting standards isn't enough: Everett
07 Apr 2014 Outlook good for rent rises: Crockers
07 Apr 2014 Price rises plateau: QV
04 Apr 2014 English: Supply the issue
04 Apr 2014 Hughes' advice to new FMA CEO Rob Everett
04 Apr 2014 RaboDirect appoints new product manager
04 Apr 2014 BNZ raises rates some more
04 Apr 2014 Brook Asset Management closes
04 Apr 2014 Portfolios 'more homogenised'
04 Apr 2014 Busy March for agents: Barfoot
03 Apr 2014 FATCA agreement reached
03 Apr 2014 Thorburn shifts across Tasman
03 Apr 2014 Commission plan: More work for financial advisers
03 Apr 2014 FMA offers guideline for license applicants
03 Apr 2014 Record asking prices recorded
02 Apr 2014 Cigna names new CEO
02 Apr 2014 ANZ opts to fight in two-year space
02 Apr 2014 Two years before savings flow back across Tasman
02 Apr 2014 Strong demand expected for LG tender
02 Apr 2014 Strong demand expected for LG tender
02 Apr 2014 Rules drive buyers away
02 Apr 2014 Mortgage fraudster sentenced
01 Apr 2014 AMP offers direct life cover online
01 Apr 2014 Silver start for KiwiSaver scheme
01 Apr 2014 Bank surprised at extent of lending drop
01 Apr 2014 Chapman gets chair of bank board
01 Apr 2014 New adviser for Plus4
01 Apr 2014 Will the global economy be better this year?
01 Apr 2014 New Christchurch advisers appointed
01 Apr 2014 LVR rules could be relaxed
01 Apr 2014 FMA signs MoU
01 Apr 2014 Funds fees drop
01 Apr 2014 FMCA is here - time for FAA part two?
01 Apr 2014 IMF still not happy about house prices
March 2014
31 Mar 2014 RBNZ could relax LVR rules: Westpac
31 Mar 2014 ASB joins the increases
31 Mar 2014 How good are your systems?
31 Mar 2014 One month until Code kicks in
31 Mar 2014 Drop in apartments drags consents down
31 Mar 2014 Apartment returns down: Report
28 Mar 2014 [WEEKLY WRAP] Getting a handle on AFAs
28 Mar 2014 Higher rates give RBNZ scope to lift LVR rules
28 Mar 2014 Default providers announced
28 Mar 2014 New code approved
28 Mar 2014 More bank offers coming
28 Mar 2014 Fewer complaints about unsolicited offers
28 Mar 2014 Hints LVR rules could go
27 Mar 2014 Low equity lending rises, but one bank expensive
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.
1 week 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