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June 2022
17 Jun 2022 Code committee finally ‘legal’ but mystery surrounds new appointees
16 Jun 2022 NZ share market climbs as US Federal Reserve hikes interest rates
16 Jun 2022 CCCFA slows FAP progress; New CEO at Mortgage Express
16 Jun 2022 Mortgage Express gets a new, familiar, boss
16 Jun 2022 Financial services complaints body wins years-long court battle against chief ombudsman
16 Jun 2022 Uptick in litigation predicted if Insurance Contracts Bill passes in current form
15 Jun 2022 NZ shares stabilise as US Fed meets
15 Jun 2022 Manager refunds performance fee
15 Jun 2022 Housing market continues to take a battering
15 Jun 2022 OnePath and Cigna pinged by FMA
15 Jun 2022 CCCFA burden “hasn’t helped” the FAP licensing programme
14 Jun 2022 Bear market territory causes benchmark index to plummet almost 3%
13 Jun 2022 Canadian entrepreneur seeks to list crypto ETFs in New Zealand
13 Jun 2022 US inflation data sends share markets into a 'tailspin'
13 Jun 2022 Lower growth likely in GDP numbers this week
13 Jun 2022 Landlords should be focusing on higher yields
13 Jun 2022 How health insurance is bought these days
10 Jun 2022 NZ shares slip as US inflation data looms
10 Jun 2022 Banks splash the cash
10 Jun 2022 Banks splash the cash to get customers
10 Jun 2022 Asteron Life adds BDMs
10 Jun 2022 Craigs Investment Partners appoints head of strategy
09 Jun 2022 RBA's surprise hike continues to pinch bank stocks
09 Jun 2022 Seven months of profits gone
09 Jun 2022 Douglass to make a return to Magellan
09 Jun 2022 CCCFA changes to be revealed; SBS's profits up; New PI
09 Jun 2022 CCCFA changes finally revealed
08 Jun 2022 Fonterra shares jump after share buyback programme announced
08 Jun 2022 If you are frustrated with how long it takes to make an SOA, you are in good company
08 Jun 2022 New professional indemnity scheme released
07 Jun 2022 NZ shares fall as Sky TV shows its hand
07 Jun 2022 SBS bank raises profits
07 Jun 2022 Former ANZ exec joins Westpac board
07 Jun 2022 Construction activity rises
05 Jun 2022 How do we improve the retirement gap for women?
04 Jun 2022 Housing confidence crashes
03 Jun 2022 NZ shares rise as 'bad news is good news'
03 Jun 2022 Price retreat as sales escalate
03 Jun 2022 RBNZ could consider inequality as well as inflation
03 Jun 2022 New head of operations minted
03 Jun 2022 [WATCH] Now is not the time to sell an advice business
02 Jun 2022 NZ shares follow global markets movements
02 Jun 2022 Huge surge in number of properties for sale
02 Jun 2022 Mixed messages – What still elevated levels of M&A activity may be telling us that the stock market is not
01 Jun 2022 Pacific Edge leads NZ shares higher
01 Jun 2022 Further falls in lending volumes
01 Jun 2022 Centrix reports further falls in lending
May 2022
31 May 2022 [OPINION] Insurance overhaul long overdue, yet consumer benefits by no means assured
31 May 2022 Mortgage Lab takes on new advisers
31 May 2022 SIFA takes new approach to adviser conference
30 May 2022 Westpac NZ wins RBNZ satisfaction
30 May 2022 a2 Milk drives NZ shares higher
30 May 2022 Tougher insulation rules date for new homes could be pushed out
30 May 2022 Clawbacks questioned in Australia; Should the same happen here?
30 May 2022 Australian advisers told clawbacks are “unnecessary”
30 May 2022 Ark explains its ‘dramatic under-performance’ to Kiwi investors
29 May 2022 [PODCAST] Building a successful business
27 May 2022 NZ shares slide into the weekend
27 May 2022 [The Wrap] Is an advice crisis brewing?
27 May 2022 Another key appointment at Mosaic
27 May 2022 Basecorp raises more funds
27 May 2022 Basecorp secures more funding
27 May 2022 Lending on new mortgages plummets
27 May 2022 FMA offers assistance over FAP “areas of concern”
26 May 2022 NZ shares fall as earnings disappoint
26 May 2022 Experts question interest rate forecasts; Pepper gets new NZ boss
26 May 2022 Pepper gets new NZ boss
26 May 2022 [GRTV] It's time to rethink responsible investing
26 May 2022 Floating rate the first likely victim of big OCR rise
26 May 2022 Reserve Bank predicting house price fall of 14% as market turns rapidly
26 May 2022 Fidelity Life rolls out marketing toolkit
26 May 2022 Top ethical managers named
25 May 2022 F&P Healthcare drags NZX 50 lower
25 May 2022 OCR up 50pts: Here is what the bank said
25 May 2022 Yep, OCR up 50 basis points
25 May 2022 Most borrowers ahead on payments
25 May 2022 The new-client conveyor-belt is broken
25 May 2022 Government needs to better fund FMA: Industry
24 May 2022 NZ shares fall even as Pushpay climbs
24 May 2022 [OPINION]Things to know about the housing market
24 May 2022 Most borrowers ahead on payments
24 May 2022 Illegal car removals costs landlord thousands of dollars
24 May 2022 Announcing Property Development School: 7-Module Zoom Course
24 May 2022 Fund managers seek clarity on FMA’s expectations on fees and commissions
23 May 2022 AFT leads NZ shares higher
23 May 2022 Brace yourselves: Big OCR hike predicted this week
23 May 2022 Another 50 point OCR jump forecast
23 May 2022 Rents rise and rise
21 May 2022 [The Wrap] Three things we learnt from the FMA Value for Money report
20 May 2022 Positive earnings lift NZ sharemarket
20 May 2022 Beating the long-term average
20 May 2022 Allbirds, from darling to disaster
20 May 2022 Fund managers silent on FMA’s hard-hitting fees and commissions report
19 May 2022 US dive brings down NZ stocks
19 May 2022 First Home Loans house caps removed
19 May 2022 COFI bill held up
19 May 2022 Heartland Bank announces new CEO
19 May 2022 House price caps off First Home Loans
19 May 2022 Cigna plans income protection offer for grads, tweaks eApp
19 May 2022 The next property frontier
Latest News
Use Your Client Book to Fund Growth, Succession, and Acquisition
Use Your Client Book to Fund Growth, Succession, and Acquisition
4 min read
FNZ to build advice platform for FirstCape
FNZ to build advice platform for FirstCape
2 min read
MAS turns to OMNIMax for advice solution
MAS turns to OMNIMax for advice solution
2 min read
Former Kiwi Wealth boss turns to advice
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