Archive - 2007
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July 2007
26 Jul 2007 FPA boss urges IFA to take lead on regulation
26 Jul 2007 MPS announcement
26 Jul 2007 Reserve Bank raises official cash rate (OCR) to 8.25%
26 Jul 2007 OCR up to 8.25%
25 Jul 2007 IFA 2007 Success Forum
25 Jul 2007 Hedge funds not for retail investors: Association
25 Jul 2007 Tower appoints NZ equity analyst
25 Jul 2007 Omnimax has new risk package
25 Jul 2007 Growing shortage of top end city apartments
24 Jul 2007 ANZ slams ring fencing proposal
24 Jul 2007 Alternative Investment Summit 2007
24 Jul 2007 Roll up, roll up: Grosvenor on the growth trail
24 Jul 2007 Businesses should consider paying rent
23 Jul 2007 Migration drop will slow housing market
23 Jul 2007 Working party make-up
23 Jul 2007 News Round Up
23 Jul 2007 Rates updates and more
22 Jul 2007 Bollard likely to raise rates despite political pressure
22 Jul 2007 Rotorua Weather
20 Jul 2007 Weekly Wrap: Concerns all week
20 Jul 2007 Hedge funds urge calm as Basis crisis deepens
20 Jul 2007 Three big banks to cut commissions
20 Jul 2007 Three big banks to cut commissions
20 Jul 2007 WRF appoints new MD
19 Jul 2007 First KiwiSaver provider performance rankings
19 Jul 2007 Small business duped over KiwiSaver
19 Jul 2007 ASFONZ / Women in Super Industry Breakfast
19 Jul 2007 Independent property managers hit back
19 Jul 2007 Soaring dollar hurting investors
19 Jul 2007 Tax treatment of income protect being debated
19 Jul 2007 Rate falls an illusion
19 Jul 2007 Property sector still strong in Manawatu
18 Jul 2007 Time to come clean on KiwiSaver fees
18 Jul 2007 KiwiSaver still lacks widespread engagement
18 Jul 2007 Rate falls an illusion
18 Jul 2007 Belgrave aims for more conservative investors
18 Jul 2007 Property managers slam reform proposals
17 Jul 2007 New capital protected player
17 Jul 2007 Lots of changes at Sovereign
17 Jul 2007 Rising rates kill market: Bank
16 Jul 2007 Investors buy into new community at The Lakes
16 Jul 2007 Deposit rates news briefs
16 Jul 2007 News Round Up
14 Jul 2007 Weekly Wrap:
13 Jul 2007 ING Life Conference 2007
13 Jul 2007 KiwiSaver will help Kiwis increase savings
13 Jul 2007 Sec Comm suspended Bridgecorp's prospectus days before collapse
13 Jul 2007 First NZ Capital announce 2 appointments
12 Jul 2007 Continuous disclosure required
12 Jul 2007 Sec Comm suspended Bridgecorp's prospectus days before collapse
12 Jul 2007 Guardian Trust taking over Compass Capital
12 Jul 2007 Cricketer owes, Petricevic gone
12 Jul 2007 Industry reforms should cover property managers, says REINZ
12 Jul 2007 Property market at top of cycle: Martin Hawes
12 Jul 2007 Plan B looks for FAME in NZ
12 Jul 2007 Aussie mutual into KiwiSaver
11 Jul 2007 Property market slip or blip?
11 Jul 2007 KiwiSaver can affect property loans
11 Jul 2007 KiwiSaver to set West Coast kids up for life
11 Jul 2007 Adviserlink – Financial Plan Construction and Review
11 Jul 2007 Strong sales prices for most main centres
10 Jul 2007 Kauri Notes - High targeted returns
10 Jul 2007 Managers bearish on NZ
10 Jul 2007 KiwiSaver could make refinancing harder
10 Jul 2007 Adviserlink – Practice Management
10 Jul 2007 Strategi expands its team
09 Jul 2007 New chief operating officer at Southern Cross
09 Jul 2007 WATER - Blue Gold
09 Jul 2007 KPMG says banks acting responsibly
09 Jul 2007 News Round Up
09 Jul 2007 Deposit Rates Briefs
09 Jul 2007 Rental property tops with investors
09 Jul 2007 Prices hold but fewer buyers and listings
09 Jul 2007 More Bridgecorp Briefs
08 Jul 2007 Investors confident, but some concerns emerging
06 Jul 2007 Wakatipu home affordability study points to more renters
06 Jul 2007 Weekly Wrap: Bridgecorp collapse dominates news
06 Jul 2007 Keep KiwiSaver transparent and treat it with respect
06 Jul 2007 KiwiSaver safe for investors
06 Jul 2007 Absolute return funds will have a place in KiwiSaver portfolios.
06 Jul 2007 Plans to commercialise Bondwatch
06 Jul 2007 AIA appoints market retention manager
05 Jul 2007 Employers' KiwiSaver obligations clarified
05 Jul 2007 Minister withholds affordable housing policy information
05 Jul 2007 Rifleman Group posts strong first-year profits
05 Jul 2007 Auckland property market stable in June
05 Jul 2007 Rates fall, but its not the turning point
05 Jul 2007 Confidence could be hit by collapse
04 Jul 2007 HNZ to blame for botched eviction bid
04 Jul 2007 KiwiSaver a 3-4.5 billion dollar tax cut by any other name
04 Jul 2007 Finance coys cross fingers on fallout
04 Jul 2007 Reaction to Bridgecorp collapse
04 Jul 2007 Liontamer appoints new finance head
03 Jul 2007 Hanover calls for international credit ratings
02 Jul 2007 Bridgecorp's demise
02 Jul 2007 Investors cashing up as market flattens?
02 Jul 2007 Auckland rents climb at last
02 Jul 2007 KiwiSaver technical change to be made
02 Jul 2007 KiwiSaver in breach of human rights, employment law
02 Jul 2007 News Round Up
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