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December 2021
01 Dec 2021 Harbour launches its new Sustainable Impact Fund
01 Dec 2021 Simplicity drops membership fees for all products
01 Dec 2021 Premiums refunded after funeral cover exceeds sum insured
01 Dec 2021 Milford makes significant board appointment
01 Dec 2021 RBNZ outlines options for cash system reform
01 Dec 2021 Reserve Bank appoints new Assistant Governor
01 Dec 2021 Floating higher; What's keeping advisers awake at night
01 Dec 2021 Southern Cross offers free wellbeing services
01 Dec 2021 New Reserve Bank Assistant Governor appointed
01 Dec 2021 Kiwi Wealth appoints familiar face as new CEO
01 Dec 2021 Default-Day for KiwiSaver
01 Dec 2021 RBNZ reviews banks' risks
November 2021
30 Nov 2021 NZ shares bounce from omicron sell-off
30 Nov 2021 [Opinion] Stuff the mainstream media
30 Nov 2021 KiwiSaver default funds - all you need to know
30 Nov 2021 Longer term rates in vogue; Revamped non-bank lender
30 Nov 2021 Vax chat hits a raw nerve - advisers can do better
30 Nov 2021 How cities need to change to adapt to climate change
30 Nov 2021 Borrowers looking to longer terms thanks to Covid
30 Nov 2021 Omicron - one step forward, two steps back for economic recovery
29 Nov 2021 Omicron ordeal knocks NZ index 200 points
29 Nov 2021 Fidelity Life drops the jargon, boosts adviser support
29 Nov 2021 Asteron adds specific injury cover to legacy products
29 Nov 2021 Three new recruits for Fidelity Life
29 Nov 2021 Vaccination status no issue for Southern Cross Healthcare
29 Nov 2021 Guidelines for Covid-infected people living in apartments
29 Nov 2021 Old company with a new name
27 Nov 2021 [The Wrap] Death and disease - and the jab
26 Nov 2021 Nu-covid sends shares tumbling
26 Nov 2021 Earnings surprises support equity returns
26 Nov 2021 Making drawdown a success
26 Nov 2021 Squirrel bites into residential mortgage investments
25 Nov 2021 F&P Healthcare props up NZX50
25 Nov 2021 More changes at the top for the FMA
25 Nov 2021 Covid vaccination status a watching brief for NZ insurers
25 Nov 2021 Westpac's problems exposed; Orr says bank put best foot forward
25 Nov 2021 Westpac's governance problems detailed
25 Nov 2021 Easy Crypto expands with a new chief of staff
25 Nov 2021 nib recognised as an inclusive workplace
25 Nov 2021 CoFI adds more challenges to financial services
25 Nov 2021 Adrian Orr: We put our best foot forward
24 Nov 2021 Stock market rallies as RBNZ eases rates higher
24 Nov 2021 RBNZ hikes OCR
24 Nov 2021 Reaction to OCR hike
24 Nov 2021 RBNZ hikes rates, and promises more
24 Nov 2021 Smartshares gains new director - Lindsay Wright resigns
24 Nov 2021 House prices materially falling chorus from banks
24 Nov 2021 DTI consultation starts
24 Nov 2021 RBNZ adds new option to DTI consultation
24 Nov 2021 FMA releases FAP self-assessment tools
24 Nov 2021 More people using financial advisers: ASB
23 Nov 2021 Shares slump as rate hike looms
23 Nov 2021 Accuro supports Wellington air ambulance
23 Nov 2021 Low deposit loans getting harder
23 Nov 2021 Business mix is critical to good coverage
23 Nov 2021 ANZ too clamps down on low-deposit loans
23 Nov 2021 ESG expert joins Forsyth Barr
23 Nov 2021 Advisers can take on the climate change challenge
23 Nov 2021 Banks need to make CCCFA easy for advisers: Gough
22 Nov 2021 Shares slump as rate hike looms
22 Nov 2021 BNZ has further toughened its lending criteria
22 Nov 2021 OCR to rise; Hear the latest from Tony Alexander
22 Nov 2021 Will it be a 25 or 50 basis point rate increase this week?
20 Nov 2021 Heartland increase HER LVR
20 Nov 2021 What is really behind Responsible Investing and ESG ratings?
19 Nov 2021 Ryman Healthcare leads market lower
19 Nov 2021 Nuclear weapons and nicotine alternatives a no-go zone for responsible investors
18 Nov 2021 NZ shares slide as inflation expectations jump
18 Nov 2021 Asteron Life wins top award - AIA exec honoured
18 Nov 2021 RBNZ chief economist goes
18 Nov 2021 The cost of retirement increases - again
18 Nov 2021 Tower's flood modelling to change premiums
17 Nov 2021 NZ sharemarket lower as Plexure falls 13%
17 Nov 2021 Super fund names new head of portfolio investments
17 Nov 2021 Climate change disclosures - the FMA's regulatory response
17 Nov 2021 Rising stars and old hands - awards wrap
17 Nov 2021 Regulation will restore confidence in financial advice
17 Nov 2021 Construction costs still streaking ahead
16 Nov 2021 Market Close: Electricity stocks fall as interest rates rise
16 Nov 2021 Wealthpoint appoints Independent Director
16 Nov 2021 Auckland housing crisis nearly over
16 Nov 2021 What went well at COP26 (and what wasn't so good)
15 Nov 2021 NZ shares bounce back from bad week
15 Nov 2021 Financial Advice NZ appoints two new directors
15 Nov 2021 Unvaccinated may face higher premiums
15 Nov 2021 Financial Advice NZ conference - online from tomorrow
15 Nov 2021 Hot in Hawke's Bay
15 Nov 2021 Regulation roadblock for retail investment
14 Nov 2021 Calls for responsible lending qualifications for advisers
12 Nov 2021 Pushpay pushes market down
12 Nov 2021 AIA NZ chief executive takes leave
12 Nov 2021 NZ Super invests US$100m in climate tech fund
12 Nov 2021 Stubbs vows to reduce fees after Simplicity hits the $4 billion mark
11 Nov 2021 Mainfreight holds the line as bond yields jump
11 Nov 2021 Smartshares bulks up with ASB purchase
11 Nov 2021 What landlords can tell tenants
11 Nov 2021 FSC membership grows by 23% - new board appointed
11 Nov 2021 Advisers key to closing the protection gap
11 Nov 2021 BNZ and brokers; What's happening? Three year rates at 5%
11 Nov 2021 Former Fidelity exec joins Cigna
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