Archive - 2008
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October 2008
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 News Round Up
06 Oct 2008 High-risk borrowers running into problems
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
01 Oct 2008 Keep up the good work, Finsia tells government
September 2008
30 Sep 2008 Non-bank lenders withdrawing rates due to US markets
30 Sep 2008 Non-bank lenders withdrawing rates due to US markets
30 Sep 2008 Fix for a year, rates heading lower
30 Sep 2008 Building approvals fall to 22-year low
30 Sep 2008 Health insurance needs a revamp
30 Sep 2008 Money dribbles in for OPI investors
29 Sep 2008 Geneva spurns attempt to oust directors
29 Sep 2008 New tenancy checking service launched
29 Sep 2008 Planet appoints national manager
29 Sep 2008 News Round Up
26 Sep 2008 [Weekly Wrap] Now for some FAB fun
26 Sep 2008 IRG buys assets of Ellerie Cornwall
26 Sep 2008 The business of property investing
26 Sep 2008 New face at AXA
26 Sep 2008 Stobo lays out manifesto for savings revolution
25 Sep 2008 Kiwibank cuts two-year rate below 8%
25 Sep 2008 IFA Roadshow
25 Sep 2008 RTA amendments on hold yet again
25 Sep 2008 Kiwibank cuts two-year rate below 8%
24 Sep 2008 Longer term mortgages off the menu now
24 Sep 2008 FAB signed off by Parliament
24 Sep 2008 Call me pink, I certainly ain't feeling blue
24 Sep 2008 IFA Roadshow
24 Sep 2008 Lombard considers de-listing
24 Sep 2008 FAB signed off by Parliament
24 Sep 2008 Sheppard seeks sacking of Geneva directors
24 Sep 2008 Opinion: As old as the hills
23 Sep 2008 IFA Roadshow
23 Sep 2008 Possible compensation for landlords over P
23 Sep 2008 Sheppard seeks sacking of Geneva directors
23 Sep 2008 Apps keep flowing at AIG: Pierce
23 Sep 2008 Investors being softened up for bad news
23 Sep 2008 Strategic Finance censured, fined over sale disclosure
22 Sep 2008 IFA Roadshow
22 Sep 2008 Strategic Finance censured, fined over sale disclosure
22 Sep 2008 Dorchester suspends interest payments on new plan
22 Sep 2008 News Round Up
22 Sep 2008 Trail commissions being withheld
19 Sep 2008 What economists miss
19 Sep 2008 Weekly Wrap: Bail-outs here, there and everywhere
19 Sep 2008 Dorchester delays annual meeting on repayment plan
19 Sep 2008 Keep fixing short and sweet
19 Sep 2008 Keep fixing short and sweet
19 Sep 2008 Broker still opposed to selling KiwiSaver
18 Sep 2008 Krippner leaving AMP Capital
18 Sep 2008 Hanover's shareholders to inject $96 million into business
18 Sep 2008 IFA Roadshow
18 Sep 2008 Hanover's shareholders to inject $96 million into business
18 Sep 2008 Rating updates for AMP and Suncorp
18 Sep 2008 Pinnacle at the peak
18 Sep 2008 AIG gets bail money
18 Sep 2008 Tug of war
18 Sep 2008 [Book] Create Wealth
17 Sep 2008 IFA Roadshow
17 Sep 2008 AIG gets bail money
17 Sep 2008 Southern Cross appoints three
17 Sep 2008 Market falls produce buying opportunities
17 Sep 2008 Sovereign tops adviser survey
16 Sep 2008 IFA Roadshow
16 Sep 2008 AIG in crisis control
16 Sep 2008 Curtin enquiry arse covering
16 Sep 2008 Business as usual in NZ: Pierce
15 Sep 2008 More mortgages now qualify for KiwiSaver
15 Sep 2008 News Round Up
12 Sep 2008 Weekly Wrap: Tick tock, tick tock...
12 Sep 2008 IFA Roadshow
12 Sep 2008 KiwiSaver bolt-ons not holding, GA report shows
12 Sep 2008 Industry bodies say FAB is ok
12 Sep 2008 Tribunal forced to rehear case
11 Sep 2008 Equitable keeps its S&P rating
11 Sep 2008 IFA Roadshow
11 Sep 2008 ASFONZ / Women in Super Breakfast
Latest News
Weekly Wrap
Weekly Wrap
1 min read
5+5 Ideal super savings rate experts say
5+5 Ideal super savings rate experts say
2 min read
Second funds management firm sold today
Second funds management firm sold today
3 min read
CastlePoint Funds sold (again)
CastlePoint Funds sold (again)
3 min read
Latest Comments
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...
1 week 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.
1 week ago Ross Alexander
Give Total Rem the flick if KiwiSaver compulsory
Murray, yup, agree with you. I see conflict of interests - the bigger the fund size, the more fees collected. Remuneration should be strictly a commercial decision because employers are the ones paying the wages. NOT for some "expert" preference. Well, an employer's budget permit a $100k package, he can pay either a) $88k salary + employer contribute $12k KS, or b) $94k salary of which $6k deducted for KS + employer contribute $6k. Depending how PC you guys want to be, and how much time and taxpayers' money you want to waste arguing about the structure.
1 week ago W K
Health and life insurers out of climate reporting
@ Murray D Weatherston - well said. The climate related disclosure (CRD) requirement for the financial services industry is yet another example of the last Government adding unnecessary cost and complexity to business. Currently banks and insurers have to hire more staff specifically to meet their new climate disclosure requirements and these costs inevitably get past on to customers. The New Zealand consumer continues to be saddled with additional costs due to an avalanche of overregulation much of which has questionable benefit. The only people who seem to be winning from this additional regulation are Wellington bureaucrats and those climate enthusiasts’ who are positioned to make a buck or secure a job. None of New Zealand's biggest climate polluters are associated with the financial services industry. Stats published by the Environmental Protection Authority in 2022 showed the biggest emitters were for milk, petrol, fossil (or natural) gas and meat businesses, with electricity, and steel companies rounding out the top group because of their fossil fuel use. By contrast, many of New Zealand’s biggest employers and profit makers (including banks, vineyards, telcos, healthcare companies and renewable energy providers) didn’t appear in the top climate polluter ranks because their emissions weren’t even high enough to qualify for compulsory reporting. As another reader of Good Returns said last year "I suspect we’ll look back on this climate reporting in years to come, with confusion & questions. Whilst there is no doubt that climate controls are increasingly important, I’m unsure whether the energy, effort & expense in producing these reports are the best use of resources &/or going to make any difference…” I look forward to the Ministry of Regulation reviewing and ultimately deciding to remove climate related disclosures as a compliance requirement for all of the New Zealand financial services industry.
2 weeks ago Simon Rule
KiwiSaver an option for mortgage advisers seeking ongoing income, provider says
Wy would any mortgage or insurance adviser refer their client to a kiwi saver provider/scheme that the owners also own a competing mortgage advisor and insurance company, whom already has a history of growing group schemes and then marketing to those customers directly for their own business entities.
2 weeks ago Valkyrie Vulcan