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 2011
08 Jun 2011 QV May 2011 Report - the regions
07 Jun 2011 AFA applicants moving – but slowly
07 Jun 2011 Tyndall Commentary: Why Markets Are Not Reflecting The Economy
07 Jun 2011 All eyes on Bollard
07 Jun 2011 News Round Up: June 7
07 Jun 2011 Economic confidence up but property sector optimism mixed, BNZ
06 Jun 2011 Geneva Finance to write down more loans
06 Jun 2011 Bollard's views on inflation keenly sought; OCR on hold
06 Jun 2011 NZF to resume mortgage lending
06 Jun 2011 FNZ gets its first COO
03 Jun 2011 High Court judgment to shake advice world
03 Jun 2011 Changing channels
03 Jun 2011 Even more news on NZF
03 Jun 2011 Prison and large fines proposed for false disclosure statements
03 Jun 2011 NZF limiting new loans to $750,000
03 Jun 2011 Time for health insurance industry to speak up
03 Jun 2011 2011 on course for least number of houses built
03 Jun 2011 After three months of rises, average Auckland house price slips in May
02 Jun 2011 ISI rejects Partners Life membership
02 Jun 2011 Mercer opts for equities and growth assets
02 Jun 2011 ANZ's mortgage book -- the mystery continues
02 Jun 2011 Getting REAL about property management education
01 Jun 2011 Auckland property market shifts in favour of sellers
01 Jun 2011 Perpetual boosts executive team with three promotions
01 Jun 2011 AIA: Insider information
01 Jun 2011 Stop complaints becoming disputes
01 Jun 2011 More on NZF's home loan performance
01 Jun 2011 Otago oil boom ahead
May 2011
31 May 2011 NZF Group posts $4.8m annual loss
31 May 2011 Kiwibank's not so good report
31 May 2011 Regulation helps advisers battle banks
31 May 2011 TSB's mortgage book grows but profitability flat
30 May 2011 Allied Farmers won't be replacing Rob Alloway
30 May 2011 Kiwibank's profit plunges as bad loan charges soar
30 May 2011 Credit rating upgrade for PSIS
30 May 2011 Moodys downgrades NZ banks
30 May 2011 Moody thoughts and Kiwibank's new product
30 May 2011 Newpark adds two BDMs
30 May 2011 News Round Up: May 30
30 May 2011 It’s time to engage investors about the new regime
30 May 2011 Low rates increasing appeal of investment property, ASB
30 May 2011 Housing market improves, but from low base, says ANZ
29 May 2011 Fisher & Paykel Finance's results shine
27 May 2011 Commission ban “one private members Bill away”
27 May 2011 ASB's mortgage book shrinks again
27 May 2011 Kiwibank to launch an offset product
27 May 2011 FMA kicks-off monitoring reviews
26 May 2011 Christchurch Earthquake: Over $12.5m paid out in life claims
26 May 2011 HSBC offers exceptional term deposit rate
26 May 2011 BNZ grows mortgage book strongly in March Qtr but profitability falls
26 May 2011 Spotlight on BNZ
26 May 2011 The importance of being compliant
25 May 2011 Ssshh, but it is still about selling
25 May 2011 Up to 700 advisers could miss AFA deadline
25 May 2011 ASB says KiwiSaver changes won't put investors off
25 May 2011 Home loan rates could rise sooner than predicted
24 May 2011 Odds on earlier interest rate hike shorten
24 May 2011 Partners Life New Board Appointment
24 May 2011 RBNZ to give a steer on rates today
24 May 2011 Rates Round Up: May 24
24 May 2011 FMA role wider than preventing finance company collapses
23 May 2011 KiwiSaver remains best saving option for most, says ISI
23 May 2011 South Canterbury Finance receivers sell $100m in loans
23 May 2011 JBWere appoints new chairman
23 May 2011 ANZ sees some growth
23 May 2011 ANZ grows mortgage book after sluggish quarters
23 May 2011 New harbour for fixed interest investment
23 May 2011 New system aims for fewer estate agent complaints
19 May 2011 KiwiSaver MkV
19 May 2011 KiwiSaver changes make saving tougher
19 May 2011 Hard work ahead to sell the Budget
19 May 2011 Heartland faces obstacles to achieve bank status
19 May 2011 Mercer gives Budget pass mark for improving NZ's super future
19 May 2011 Fund mangers disappointed with KiwiSaver changes
19 May 2011 Z Energy mulls another retail bond issue
19 May 2011 KiwiSaver tinkering adds compliance costs to business
19 May 2011 Budget 2011: Key KiwiSaver changes
19 May 2011 Budget 2011: More for regulation; more bonds; KiwiSaver cuts
19 May 2011 Irregular times
19 May 2011 Big Aussie banks get a downgrade
19 May 2011 Budget day and bank downgrades
19 May 2011 Russell comes up with new PIE funds
18 May 2011 Tenant skipping – a new approach
18 May 2011 Harbour Commentary: Tricky Turning Point
18 May 2011 More than a third of MPs in KiwiSaver
18 May 2011 Partners Life says sales better than expected
18 May 2011 Figuring out Westpac's growth
18 May 2011 How much did Westpac grow its home loan business?
18 May 2011 SiFA election results
18 May 2011 Absolutely fundamental offering
18 May 2011 Canterbury university may need govt help on earthquake remediation
17 May 2011 Key defends KiwiSaver changes against S&P criticism
17 May 2011 Warning for RFAs
17 May 2011 Why are some RFAs still advertising AFA services?
17 May 2011 KiwiSaver Growth funds walk tall in March quarter
17 May 2011 S&P reports on merged AMP group
16 May 2011 New advisers at Mortgage Link
16 May 2011 Ups and downs, Auckland year-on-year rents revealed by Crockers
16 May 2011 Ahead of changes, KiwiSaver popularity rises
16 May 2011 Another quiet start to the week
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.
1 week 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