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
October 2008
31 Oct 2008 Property investment gets reality check
30 Oct 2008 Withdrawal of lending from GE affects non-banks
30 Oct 2008 Best quarter for funds flow in 18 years
29 Oct 2008 GWM strengthens investment committee
29 Oct 2008 Insurers must have Waiver of Premium benefit in offering
29 Oct 2008 Rates dropping while funding dries up
29 Oct 2008 Rates dropping while funding dries up
28 Oct 2008 Kiwibank to hire financial advisers
28 Oct 2008 AXA suspends $225m of funds as redemptions climb
28 Oct 2008 News Round Up
27 Oct 2008 BNZ's parent in hot seat to buy Wizard
27 Oct 2008 Dunedin pair named top landlords
24 Oct 2008 [Weekly Wrap] Controversy and changes
24 Oct 2008 Your investments in the hands of politicians
24 Oct 2008 OCR drop good news for investors
24 Oct 2008 Fear factor to fade
24 Oct 2008 PIMCO sees value in bonds of firms with government support
23 Oct 2008 Sovereign shakes up structures on commission
23 Oct 2008 AIG transfer offers stir controversy
23 Oct 2008 OCR announcement
23 Oct 2008 Bollard delivers unprecedented rate cut
23 Oct 2008 OCR reduced to 6.5%
23 Oct 2008 Health coverage up - slightly
23 Oct 2008 OCR reduced to 6.5%
22 Oct 2008 Non-banks squeezed as Govt reshapes guarantee
22 Oct 2008 Leave the Super fund alone
22 Oct 2008 SHARE Conference 2008
22 Oct 2008 Fortress notes now worthless
21 Oct 2008 Don't ignore equity markets
20 Oct 2008 News Round Up
20 Oct 2008 Goldridge signs up West as services manager
17 Oct 2008 OCR preview: Massive rate cut expected next week
17 Oct 2008 Weekly Wrap: Playing with risk
17 Oct 2008 Investors starting to pick up pace
17 Oct 2008 Strategic sale terminated on adverse credit markets
17 Oct 2008 [Toolbox] Warning: Potential hazards ahead
17 Oct 2008 The cuts are coming
17 Oct 2008 Sale of Suncorp assets stopped
16 Oct 2008 Dominion shares suspended indefinitely
16 Oct 2008 AIG fights poachers
16 Oct 2008 Hildyard returns
16 Oct 2008 KiwiSaver Performance Survey results
16 Oct 2008 KiwiSaver Performance Survey results table
16 Oct 2008 Guarantee scheme: Who's in
16 Oct 2008 Deposit scheme scares off govt bond buyers
16 Oct 2008 Geneva set to breach bank covenants
16 Oct 2008 Home loan rates expected to fall again
15 Oct 2008 Strategic purchase falters, parties resume talks
15 Oct 2008 Politics, Economics & Investment Post-2008
15 Oct 2008 Women in Super After 5pm Function
15 Oct 2008 Income funds shine in KiwiSaver survey
14 Oct 2008 Retirement Policy and Research Centre breakfast briefing
14 Oct 2008 Playing with risk - A smart move?
14 Oct 2008 Fund managers left out of deposit scheme
13 Oct 2008 Tower adds another equity analyst
13 Oct 2008 Adding Kiwi ingenuity to the lending market
13 Oct 2008 Average house price falls in September: QV
13 Oct 2008 Main urban areas commentary: QV
13 Oct 2008 News Round Up
10 Oct 2008 Weekly Wrap: Keeping up with the changes
10 Oct 2008 NZ house sales rise from 26-year low; prices steady: REINZ
10 Oct 2008 Residential Highlights – September 2008
10 Oct 2008 Ex MM owner wins payout
10 Oct 2008 Oz v Kiwi Property investing
10 Oct 2008 Taking a long view on KiwiSaver changes
10 Oct 2008 INGIM gains interest rate strategist
09 Oct 2008 Recruiting young advisers
09 Oct 2008 Opinion: You are not on the right plan?
09 Oct 2008 New head strategist at AMP
09 Oct 2008 Newpark advisers to share in PIS takeover
09 Oct 2008 Nelson: Under the sun
08 Oct 2008 Dominion appoints administrator, cancells AGM
08 Oct 2008 Demand for greener living growing
08 Oct 2008 Tumultuous times continue for lenders
08 Oct 2008 AMP on the defensive
08 Oct 2008 Tumultuous times continue for lenders
08 Oct 2008 New president for surgical hospital association
08 Oct 2008 Deficit funding tough in ‘stale’ bond market
07 Oct 2008 Southland Building Society gains bank licence
07 Oct 2008 Market Review: London October 2008 Commentary
07 Oct 2008 Asteron, Tyndall NZ targets as Suncorp fields offers
06 Oct 2008 Auckland home sales pick up with Spring
06 Oct 2008 ANZO chief to head green council
06 Oct 2008 Market Review: October 2008 Commentary
06 Oct 2008 High-risk borrowers running into problems
06 Oct 2008 News Round Up
03 Oct 2008 Weekly Wrap: Settle down for the drama
03 Oct 2008 Building code red tape cut
03 Oct 2008 Sovereign axes lo-doc lending
03 Oct 2008 World opens up for Tyndall
02 Oct 2008 Bollard likely to slash rates later this month
02 Oct 2008 Calls for health insurance revamp irks provider
02 Oct 2008 Beginning of the end for fixed rates?
02 Oct 2008 Beginning of the end for fixed rates?
02 Oct 2008 David Forman boss leaves for greener pastures
02 Oct 2008 Practice management: Becoming a business
02 Oct 2008 Calls for health insurance revamp irks provider
02 Oct 2008 [DVD] Building Real Estate Wealth in Changing Property Markets
01 Oct 2008 Dominion censured, fined for overdue report
01 Oct 2008 Asteron pulls the plug
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