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September 2023
29 Sep 2023 Southern Cross posts $16.5m annual loss as it capped premium prices
28 Sep 2023 NZX50 drops more than 1% as bond yields rise
28 Sep 2023 One year old stewardship code covers $100 billion FUM
28 Sep 2023 Fidelity admits it’s dropped the ball
27 Sep 2023 Chubb extends
27 Sep 2023 NZ market edges down as employment confidence hits low point
27 Sep 2023 Mortgage lending data shows property market heating up
27 Sep 2023 New Zealand’s next top town
27 Sep 2023 Mortgage lending on all properties thaws out
27 Sep 2023 [GRTV] Highly aspirational – an adviser’s take on the Million Dollar Round Table
27 Sep 2023 Industry should ignore Nat pledge to scrap CoFi: KPMG
27 Sep 2023 Acceleration of innovation now spells danger for investors
26 Sep 2023 NZ market down as investors press pause
26 Sep 2023 November hike or May cut
26 Sep 2023 OCR – November hike or May cut
26 Sep 2023 Southern Cross to review communications after debacle over withdrawn benefit
26 Sep 2023 Why sales is more relevant than ever in an era of increased regulation
26 Sep 2023 House price rises revised upwards
25 Sep 2023 NZ market ticks up as school holidays kick off
25 Sep 2023 Adviser feedback sees Fidelity Life unbox the goodies
25 Sep 2023 It often means people have fewer choices on where they can obtain a mortgage
25 Sep 2023 Affordability not always a level playing field
25 Sep 2023 Let's talk about trust
24 Sep 2023 Another leading KiwiSaver provider calls for changes
23 Sep 2023 Makao takes a step to boost analytics on sustainability
23 Sep 2023 [The Wrap] FSC should take a position on CoFI
22 Sep 2023 Here's what's being said about mortgage advisers
22 Sep 2023 Late surge lifts NZ sharemarket into positive territory
22 Sep 2023 Significant recovery underway
22 Sep 2023 Fidelity Life announces 2023 adviser award winners
21 Sep 2023 NZX50 slips as Fonterra result shines in the gloom
21 Sep 2023 Banking study submissions highlight adviser issues
21 Sep 2023 FNZ launches global accreditation programme
21 Sep 2023 SMEs ‘playing it safe’ despite growing optimism
21 Sep 2023 Global look at fund managers’ commitment to ESG
21 Sep 2023 Asteron Life putting mental health at the forefront
21 Sep 2023 Providers need to do the right thing when nobody is watching
20 Sep 2023 Cost of living crunch an opportunity for advisers
20 Sep 2023 NZ market flattens out as KMD Brands falls almost 5%
20 Sep 2023 Kloogh investors told they will only get 2c in the $1 back
20 Sep 2023 Howzat! Generate chair out
20 Sep 2023 KiwiSaver fee revenue drops for the first time since 2007
20 Sep 2023 AIA NZ launches new online adviser onboarding application
19 Sep 2023 NZ market follows the US as investors wait for Fed’s decision
19 Sep 2023 How to help customers in financial difficulty
19 Sep 2023 Contrasting, but productive, times
19 Sep 2023 Help to borrowers in financial difficulty outlined
19 Sep 2023 Clear eyed focus needed on economy’s supply side
19 Sep 2023 FSC won't comment on Nat plan to scrap Cofi
19 Sep 2023 Heartland says big banks use scale to block competition
19 Sep 2023 [OPINION] How the next Government can help tenants
18 Sep 2023 NZ market edges up while shares in Synlait Milk drop almost 10%
18 Sep 2023 AIA moves closed unit-linked policies to passive manager
18 Sep 2023 Properties selling faster and prices increase
18 Sep 2023 Fake adviser pleads guilty
18 Sep 2023 Bizcap is surprised at the level of New Zealand growth in a short time
18 Sep 2023 Loans and defaults for ‘open minded’ lender
18 Sep 2023 Who understands the new map of life?
18 Sep 2023 Key challenges to overcome when selling an advice business today
15 Sep 2023 NZ sharemarket ends week on brighter note with heavy trading
15 Sep 2023 How Lend Capital works
15 Sep 2023 Unsecured SME loans the future new player says
15 Sep 2023 ESG ratings provider faces layoffs
14 Sep 2023 NZ sharemarket suffers from ex-dividend blues
14 Sep 2023 FMA aware of but won't comment on Southern Cross benefit removal
14 Sep 2023 Chubb has new head underwriter
13 Sep 2023 NZX50 breaks an eight day losing streak
13 Sep 2023 Housing market perkier than expected as it turns around
13 Sep 2023 A record high for New Zealand Super Fund
13 Sep 2023 Industry researchers also in the dark on Southern Cross benefit
13 Sep 2023 Harbour Investment Outlook: Past the winter solstice, but is it spring yet?
12 Sep 2023 NZ sharemarket steadies after govt opens the books
12 Sep 2023 Treasury warns of more pain if interest rates rise
12 Sep 2023 New small business lending platform launches in New Zealand
12 Sep 2023 A healthier market in sight
12 Sep 2023 Generate impact investment builds new homes in Christchurch
12 Sep 2023 Tech stack stuff
12 Sep 2023 Prospa joins Lend Capital’s new lending marketplace launch
12 Sep 2023 Nikko looks to be slightly defensive
11 Sep 2023 NZ sharemarket slips ahead of economic and fiscal update
11 Sep 2023 The AI revolution - what's next for the financial services industry?
11 Sep 2023 Reining in the Reserve Bank
11 Sep 2023 Past decade sees financial adviser role evolve
11 Sep 2023 Reining in the RBNZ
11 Sep 2023 Submissions open on new 'protection of KiwiSaver members' bill
09 Sep 2023 Burning down the house
08 Sep 2023 NZX50 slides to nine-month low
08 Sep 2023 Other health insurers are much more generous than Southern Cross
08 Sep 2023 [OPINION] New Zealand’s broken property market
08 Sep 2023 National could expand bank market study
08 Sep 2023 Raid on commercial investors depreciation of assets detrimental
08 Sep 2023 Visit to US advisers yields growth tips aplenty
07 Sep 2023 NZX50 flat as companies go ex-dividend
07 Sep 2023 Freeing up foreign investment
07 Sep 2023 Lack of PE investment in KiwiSaver means members miss out
06 Sep 2023 NZX50 continues its slow slide
06 Sep 2023 Dire economic outlook should be positive for bonds: Nikko
06 Sep 2023 Confidence on interest rate cuts next year vanishes
06 Sep 2023 Dunedin’s buy-up plan to mitigate climate change
06 Sep 2023 Tough times ahead for NZ economy: British economist
Latest News
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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.
3 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