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Clear Filter
February 2023
28 Feb 2023
How to save a business during a natural disaster
27 Feb 2023
NZ market drags lower as Michael Hill sparkles
27 Feb 2023
Provisioning for loans brings loss to Prospa
27 Feb 2023
Retail bouncing back in all main centres
27 Feb 2023
Partners Life new Medical Claims systems update
27 Feb 2023
Advisers pleased with shape of CoFI law
24 Feb 2023
NZ market focused on aged-care stocks
24 Feb 2023
CoFI guidelines: What is fair conduct; adviser training and more
24 Feb 2023
[OPINION] What to do when you are not buying property
24 Feb 2023
NZX completes QuayStreet acquisition
24 Feb 2023
Property prices doubled since 2013
24 Feb 2023
Liberty makes two new appointments
24 Feb 2023
Latest movers and shakers; More on new conduct guidelines
23 Feb 2023
Milford CEO to depart
23 Feb 2023
NZ shares edge up as deluge of results hit market
23 Feb 2023
Kiwibank reaches more advisers; OCR rise response; Time is running out
23 Feb 2023
Kiwibank boosts earnings
23 Feb 2023
Mum and dad investors selling
22 Feb 2023
Bluestone gets a new NZ head
22 Feb 2023
NZ's market flat as Ebos impresses market and Spark disappoints
22 Feb 2023
What economists think of the latest OCR hike
22 Feb 2023
[BREAKING NEWS] The RBNZ makes big OCR call
22 Feb 2023
OCR Announcement: What the Reserve Bank said
22 Feb 2023
AIA's new parental leave policy
22 Feb 2023
Record highs for rents and record drops for house prices
22 Feb 2023
Pathfinder gets into bonds - green and orange
22 Feb 2023
Many advisers tied into strict contracts
22 Feb 2023
What’s the choice?
21 Feb 2023
Market responds to 'reporting season show and tell'
21 Feb 2023
First look at new conduct rules for advisers
21 Feb 2023
First clue on how new conduct rules will impact advisers
21 Feb 2023
The benefits of regular home inspections
20 Feb 2023
The axe falls at Kiwi Wealth
20 Feb 2023
NZ shares fall as Ryman completes capital raise bookbuild
20 Feb 2023
How CoFI will affect advisers
20 Feb 2023
nib puts out half- year results
20 Feb 2023
Financial Advice NZ teams up with training provider
20 Feb 2023
House resale profits slump markedly
19 Feb 2023
AMP profit falls on declining markets
17 Feb 2023
NZ market flat as My Food Bag shares get slammed
17 Feb 2023
Curveball thrown
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Holding back OCR wrong response to cyclone - economists
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16 Feb 2023
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16 Feb 2023
Calls to pause OCR hikes; New BDM at FMT
16 Feb 2023
Kiwibank says RBNZ should pause OCR hikes
16 Feb 2023
Thrive and survive in year of challenges
16 Feb 2023
First Mortgage Trust appoints new BDM as they continue to grow in the South Island
16 Feb 2023
FMA finalises document for regulatory returns
15 Feb 2023
ASB's numbers are in; What's happening on Feb 28?
15 Feb 2023
Ryman capital raising surprises market amidst earnings season
15 Feb 2023
ASB pushes up its earnings
15 Feb 2023
AIA adds new Vitality Coach
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Small CCCFA relief to relief to storm victims
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MDRT’s two year focus on growth
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Australian rules an “impediment” to giving financial advice – report
13 Feb 2023
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13 Feb 2023
NZ market falls as earnings season kicks off
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12 Feb 2023
New head of Oz equities at Pie
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The global inflation bogeyman slips away
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Tenancy Tribunal slices rent increase
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Advisers told to make disclosure easy
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Not the time for rent freeze calls
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Helping to scale the coming interest rate rate cliff
08 Feb 2023
Freightways edges up on ASX-listing plans
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Will Election 2023 have an impact on property market activity?
08 Feb 2023
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07 Feb 2023
Earnings season countdown begins as RBA hikes 25 basis points
07 Feb 2023
Resimac says its new fixed rates offer relief for specialist borrowers
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Mint appoints head of distribution
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Financial advisers told not to rush on CPD credits
03 Feb 2023
Industry must share the blame for CCCFA failures: Minister
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New commerce minister blames industry for CCCFA
03 Feb 2023
NZ shares edge up as market positivity continues
03 Feb 2023
Sharesies restructure announced
03 Feb 2023
From the courtroom to the trading floor
03 Feb 2023
Crystal ball gazing into 2023
02 Feb 2023
Home loan rate pricing gets interesting
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Latest News
Use Your Client Book to Fund Growth, Succession, and Acquisition
4 min read
FNZ to build advice platform for FirstCape
2 min read
MAS turns to OMNIMax for advice solution
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Former Kiwi Wealth boss turns to advice
5 min read
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