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
February 2011
08 Feb 2011 IFA looks to Asia for inspiration
08 Feb 2011 Auckland rents rise above the doom and gloom
08 Feb 2011 Property values still down but stabilising - QV
07 Feb 2011 Rates Update: F&P responds to PGG with sharp rate hikes
07 Feb 2011 The economy's getting its breath back
07 Feb 2011 Term deposits retain top spot as most popular investment class
07 Feb 2011 KiwiSaver overtakes managed funds and shares
07 Feb 2011 News Round Up: February 6
07 Feb 2011 Morningstar KiwiSaver Performance Survey
07 Feb 2011 Deposit news briefs: February 7
07 Feb 2011 Rental property rated second best investment for returns
04 Feb 2011 NZF may have new partner in weeks
04 Feb 2011 BNZ's new head of wealth
04 Feb 2011 More borrowers float than ever before
04 Feb 2011 More experts back Sept rate rise
04 Feb 2011 BNZ pushes back OCR increase prediction
04 Feb 2011 Should PGG Wrightson sell its finance company?
04 Feb 2011 The fund that came in from the cold
04 Feb 2011 Housing pressures change the face of rental market
03 Feb 2011 Southern Cross Finance to refund borrowers up to $700,000
03 Feb 2011 Kiwibank one-year rate special "extremely successful"
03 Feb 2011 Mike Pero gives Huljich the heave-ho
03 Feb 2011 Brent McGregor joins Allied Kiwi
03 Feb 2011 What’s Not Covered?
03 Feb 2011 Six into one doesn’t add up
03 Feb 2011 Property shortage hurts sales, helps landlords - Barfoot & Thompson
02 Feb 2011 Six steps to get a girl will also get you insurance sales
02 Feb 2011 Fidelity Life gets rated
02 Feb 2011 KiwiSaver compulsion not recommended ‘at this time’ - SWG
02 Feb 2011 RaboDirect lone active bank in quiet term market
01 Feb 2011 September OCR increase more likely
01 Feb 2011 One down (almost), two to go at ISI
01 Feb 2011 Westpac has new head of wealth management
01 Feb 2011 Tax changes ‘essential' to remove investment property bias - SWG
January 2011
31 Jan 2011 Caution remains the watchword for property - ANZ
28 Jan 2011 A bit of reality about perceptions
28 Jan 2011 Advisers risk going out of business
27 Jan 2011 OCR on hold till growth and inflation increase
27 Jan 2011 Housing market unlikely to be able to withstand rate rises
27 Jan 2011 Bollard keeps interest rates on hold
27 Jan 2011 OCR unchanged at 3%
27 Jan 2011 Increase in retirement age inevitable: ISI
27 Jan 2011 Bollard keeps interest rates on hold
27 Jan 2011 OCR unchanged at 3%
26 Jan 2011 Newpark gets a new GM
26 Jan 2011 Partners Life applauds Klap appointment
26 Jan 2011 Fidelity Life reduces KiwiSaver adviser force by 90%
26 Jan 2011 Finance companies adopt new rules
25 Jan 2011 Milton's recipe to stop foreign takeovers
25 Jan 2011 Wellington's rental pain is Auckland's gain
24 Jan 2011 OCR preview
24 Jan 2011 News Round Up: January 23
24 Jan 2011 Rates Update: FE offers special 1yr rate
24 Jan 2011 Auckland and Tauranga top New York for unaffordable houses
23 Jan 2011 Borrowers can relax as rate rise unlikely
21 Jan 2011 Financial advisory sector expected to shrink 20%
21 Jan 2011 Now's a good time to buy a house
20 Jan 2011 RBNZ confirms 10% limit on covered bond issuance
20 Jan 2011 Perpetual Trust appoints receivers to Finance and Leasing
20 Jan 2011 Kiwibank tests the market
20 Jan 2011 IFA in partnership with NZ Funds
20 Jan 2011 QFE applications need more work
20 Jan 2011 Report reveals stark differences in rents across Auckland
19 Jan 2011 NZ Home Loans appoints new CEO
19 Jan 2011 OCR increase expectations pushed out to September
19 Jan 2011 Adviser alleges agency axed over advocacy
19 Jan 2011 Industry great passes away
18 Jan 2011 Kiwibank to make first cuts to rates for 2011
18 Jan 2011 AMP proposal for AXA “fair and reasonable”
18 Jan 2011 What's happening with house prices across the regions
18 Jan 2011 Shaking up the Canterbury property market
18 Jan 2011 Little optimism in wake of REINZ report
18 Jan 2011 Sales and median price fall in December
17 Jan 2011 Kiwibank cuts one-year rate to match floating
17 Jan 2011 News Round Up: January 17
17 Jan 2011 Heartland Bank brands align deposit rates
15 Jan 2011 New appointments continue at Tower
14 Jan 2011 Hubbard’s letter in the post - maybe
13 Jan 2011 Hubbard’s letter in the post - maybe
13 Jan 2011 Newpark replaces Ballantyne
13 Jan 2011 Bank switching easier this year
13 Jan 2011 KPMG ponders future of finance companies
13 Jan 2011 Back to business for associations
13 Jan 2011 Low sales volumes the theme for 2010 - QV
12 Jan 2011 ASB abandons Aegis sale
12 Jan 2011 Former AA Life management start from scratch
12 Jan 2011 TNP latest to launch mortgage broker group
10 Jan 2011 New life co set to go in April
10 Jan 2011 Bank switching easier with new rules
07 Jan 2011 NBDTs will need 50% more capital than banks: KPMG
06 Jan 2011 IFA revamps specialist interest groups
December 2010
31 Dec 2010 Perpetual boosts Portfolio Management group
30 Dec 2010 Finance coys cut costs, lifted interest margins: KPMG
30 Dec 2010 News Round Up: December 29
30 Dec 2010 Sec Comm adds staff
30 Dec 2010 Landlord "screwed" by HNZ
29 Dec 2010 Landlords face higher rates after valuation anomalies
24 Dec 2010 Tis the season to be floating
24 Dec 2010 Rates at Christmas
24 Dec 2010 Ratings downgrade for Oxford Finance
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