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May 2024
29 May 2024 Co-op bank gallops ahead of the market; CCCFA changes could remove personal liability on directors and senior managers
29 May 2024 CCCFA changes could remove personal liability on directors and senior managers
29 May 2024 Simplicity Living completes new homes, thematic fund ramps exposure
29 May 2024 Co-op bank gallops ahead of the market
28 May 2024 Mixed bag of results takes NZ sharemarket down 0.5%
28 May 2024 Former NTL boss fined $100K
28 May 2024 RBNZ activates DTI restrictions
28 May 2024 RBNZ pushes go button on DTI restrictions
28 May 2024 [GRTV] Public aware that ignoring climate change is ignoring investment risk
27 May 2024 Vista move dominates NZ sharemarket
27 May 2024 Stuck in the slow lane; KAN gets its own PI scheme
27 May 2024 First home buyers making hay, investors MIA
27 May 2024 Stuck in the slow lane
27 May 2024 Time for a new commission model
27 May 2024 Kiwi Adviser Network gets its own PI scheme
27 May 2024 Generate adds new board member
25 May 2024 Scrapping first home buyer grants will hit hard
24 May 2024 Dimming faith in interest rate cuts give NZ market the jitters
24 May 2024 Kathie Tutty promoted to chief underwriter at Asteron Life
24 May 2024 No shift on KiwiSaver balance gender gap
24 May 2024 Govt looks to shake up disputes resolution schemes
23 May 2024 Positive reporting and speculation drive sharemarket higher
23 May 2024 The good and the bad news from the OCR announcement
23 May 2024 Good and bad news for home owners from RBNZ
22 May 2024 Yes there were surprises in today's OCR announcement
22 May 2024 Rollercoaster ride for NZ sharemarket as inflation reaction drives investors
22 May 2024 RBNZ pushes out first OCR cut into 2H 2025
22 May 2024 BREAKING: OCR remains restrictive
22 May 2024 BREAKING: OCR 5.50% - Official Cash Rate to Remain Restrictive
22 May 2024 Stay safe from cyber attacks
22 May 2024 Shorter settlement times coming for US and Canadian trading
21 May 2024 NZ sharemarket dips despite positive earnings reports
21 May 2024 Debt-to-Income (DTI) borrowing at lowest levels since 2017
21 May 2024 National Capital: Women should back themselves on investment
21 May 2024 DTI borrowing at lowest levels since 2017
20 May 2024 Positive Gentrack result gives sharemarket a boost
20 May 2024 [OCR forecasts] No celebrations just yet
20 May 2024 No celebrations just yet
20 May 2024 AIA Wellbeing Study: Vulnerable conversations ease adviser stress
17 May 2024 NZ sharemarket pauses ahead of reporting season
17 May 2024 Proposed changes to insurer remedies on non-disclosure
17 May 2024 Negative disclosure anyone? Sue Griffiths gets a new job, plus another appointment
17 May 2024 FMT adds a second Chch BDM
17 May 2024 Should advisers have to disclose who they don't work with?
16 May 2024 NZ sharemarket has biggest single-day rise in seven months
16 May 2024 Clawback periods need to be reduced; ASB, Co-operative Bank rates change
16 May 2024 Sue Griffiths gets a new job
16 May 2024 Mindful Money announces finalists for ethical and impact investing awards
16 May 2024 [UPDATED] ComCom told clawback periods need to be reduced
15 May 2024 NZ sharemarket plunges to lowest level in six months
15 May 2024 Sticky market for investors – first home buyers in control
15 May 2024 NZFSG makes significant board appointment
15 May 2024 Servicing and Commissions
15 May 2024 NZFSG adds external board member
15 May 2024 Should Kiwibank move faster on being ready for open banking?
14 May 2024 NZ sharemarket down, Ryman Healthcare up
14 May 2024 Expectations survey should cheer RBNZ before OCR review; BNZ Fixed Housing Rate Change
14 May 2024 AIA NZ appoints National Sales Manager – ASB
14 May 2024 Expectations survey should cheer RBNZ before OCR review
14 May 2024 Aurora KiwiSaver targets private assets that support business growth
13 May 2024 Fletcher brings down the NZX
13 May 2024 Advisers aid in discounting from headline rates; Kiwibank rates change
13 May 2024 Advisers aid in discounting from headline rates: ANZ
13 May 2024 BlackRock appoints Jarden man to run its climate team in NZ
13 May 2024 MDRT NZ gears up for growth
13 May 2024 Air New Zealand – brightness on the horizon?
10 May 2024 NZ sharemarket slips back into negative territory
10 May 2024 [Weekly Wrap] Money on the move
10 May 2024 Businesses holding up OCR cuts; Difference in scores a reflection of banking study
10 May 2024 Businesses holding up OCR cuts
09 May 2024 NZ sharemarket falls to near nine week low
09 May 2024 Low house prices and deposits help first home buyers
09 May 2024 [GRTV] Richard Klipin reflects on time at FSC
08 May 2024 NZ sharemarket kept afloat thanks to F&P Healthcare
08 May 2024 Mortgage borrowers hedge their bets on OCR coming down soon; ASB rates change
08 May 2024 Mortgage borrowers hedge their bets on OCR coming down soon
08 May 2024 QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results
07 May 2024 NZ sharemarket down slightly
07 May 2024 7 key takeaways from new insurance bill
07 May 2024 Difference in scores a reflection of banking study
07 May 2024 65% of mortgage customers more than 3 months ahead of repayments - Westpac
07 May 2024 Nikko relaunches its KiwiSaver proposition
07 May 2024 Westpac says 65% of mortgage customers more than 3 months ahead of repayments
06 May 2024 NZ sharemarket dragged down by THL, Spark
06 May 2024 Westpac NZ added $1.44b of mortgages in the six months ended March
06 May 2024 RBNZ is still looking in the rear vision mirror
06 May 2024 Paying the cost of bureaucratic incompetence
03 May 2024 NZ sharemarket enjoys good week with fourth gain
03 May 2024 New customers get 3-months' premium-free on Fidelity Life
03 May 2024 Don’t let perfect be the enemy of good
03 May 2024 Overhaul of insurance regulations starts
03 May 2024 ANZ exits wholesale funds management
03 May 2024 Stewardship reporting steps up in first year of code
02 May 2024 NZ sharemarket flat amid Tourism Holdings trading halt
02 May 2024 Adviser's share of BNZ's new lending dipped; Mortgage arrears up and still rising slowly
02 May 2024 Adviser's share of BNZ's new lending dipped in latest six months
02 May 2024 Mortgage arrears up and still rising slowly
02 May 2024 Generate gets on board with Spirit of Adventure
02 May 2024 RBNZ says there's a moral hazard risk with deposit guarantee
01 May 2024 NZ sharemarket falls due to global inflation fears
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Latest Comments
When a night is not a night
Nice commentary. I agree it's pretty pedantic to look at hours rather than nights. And I have had claims where hours rather than nights have been used to determine payment of this benefit. My experience with this has been mixed, with some insurers considering discharge and readmission to be the same admission paying a contiguous claim. With others being a bit pedantic. Given my knowledge and history with product changes, I can only conclude that someone has complained about the definition(s) which have driven changes tightening the response. End of the day the insurers are under pressure with claims, and we have seen this benefit removed with Southern Cross and moved into an optional area with Partners Life. So it's no longer a given there will be a response from policies for this either.
2 weeks ago Jon-Paul Hale
FNZ to build advice platform for FirstCape
That seems an awfully long-winded way to say FirstCape will be adopting its newly acquired Consilium FNZ platform. The’ve done the heavy lifting so why not acknowledge that. Or are they really going to start from scratch?
2 weeks ago John Milner
Stobo resigns FMA chair after investigation
@Amused – I wouldn’t feel too bad about the use your comment was put to. And the fact Stobo wasn’t on the Indi board at the time of his resignation doesn’t make the conflict less problematic. I have no view on whether Stobo fell victim to a “witch hunt". I’m not sure that Barrass’ view represents a change, on her part, of how she viewed the Indi conflict. It is possible (as I am suggesting) that the FMA never had a proper view of the conflict in the first place. Liam Mason’s initial assessment that the conflict was unremarkable was flawed, in my opinion. "Good and effective management of conflicts of interest is particularly important for a Crown regulator. If conflicts are not recognised, acknowledged and managed appropriately, they can quickly undermine the integrity of officials, the organisation’s decisions, and public and business confidence in the integrity of the organisation." (Kirsty P McDonald ONZM QC, 2022) The identification and management of the Stobo/Indi conflict needs to be understood in the context of shortcomings identified in the report (cited above) following a 2022 independent review into the FMA’s management of the Rob Everett/Booster COI. There’s a theme emerging. I wonder what the Stobo/Indi Conflict Mitigation Record shows (if anything). There’s nothing in Aldred KC’s report that would suggest this was provided to her. Liam Mason emailed Stobo on 12th July 2025, expressing concern that Indi was using Stobo as a marketing prop. This suggests mitigation strategies were not put in place for this entirely foreseeable risk back at the time the conflict was first disclosed.
2 weeks ago Paul Flood
Sharesies opens advice offering to New Zealand investors
Why did they add cash and bonds into there High Growth portfolio? I'm so confused.
2 weeks ago my realname
Stobo resigns FMA chair after investigation
@ paul flood – thanks for making me aware of this. I stand by my comment that nobody in a regulatory role should ever be sitting on the board of a provider which that regulator is charged with monitoring. Do I feel a bit stink now that my comment on Good Returns was used by the FMA as part of a “witch hunt” to remove Mr Stobo as FMA Chair? Of course I do. Mr Stobo was not sitting on the board of any financial services provider monitored by the FMA at the time he offered his resignation to Commerce Minister Cameron Brewer. Interesting how things changed below from Mr Stobo’s initial appointment as the FMA chair “The FMA has a rigorous conflicts of interest process for board members to identify potential interests and to ensure that board members comply with their obligations under the Crown Entities Act. The FMA maintains a list of members’ interests. This is updated in advance of each board meeting and board members confirm its accuracy at the meeting. Mr Stobo’s interest in The Independent Mortgage Company (Indi) has been disclosed under this process.” To - “When I interviewed Ms Barrass (FMA chief executive) she told me that she considered the role with Indi was “heavily conflicted” and that the matter was a serious one for the FMA because We [the FMA] need to be beyond reproach because the inappropriate management of conflicts is not just a matter of regulatory requirements”. None of the smears against Mr Stobo have been upheld in this report by Wendy Aldred KC. Questions need to be asked by our politicians as to what has happened here. It appears people employed at Government agencies in Wellington who have a different political view to that of the public service should be cautious now when expressing their opinions. Political neutrality is sighted by KC Wendy Aldred as to why Mr Stobo should resign and yet she is part of Health Coalition Aotearoa which is a a coalition of member organisations committed to closing the health prevention gap in Aotearoa by advocating for Te Tiriti-led, evidence-based, policies. Does anyone think that Wendy Aldred KC can be considered “politically neutral” with her report prepared for the FMA?
3 weeks ago Simon Rule