Archive
Year:
2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Filter:
Clear Filter
June 2020
18 Jun 2020 Air NZ's share price brought back to earth; Heightened pandemic fears weigh on the market
18 Jun 2020 ASSET June Disclaimers
18 Jun 2020 Tenancy termination ban lifted
18 Jun 2020 Huge surge in buyer demand
18 Jun 2020 CareSaver appoints new head of client engagement
18 Jun 2020 Advisers join Mortgage Link
18 Jun 2020 QE could push mortgage rates lower; FMA reveals full licensing details
18 Jun 2020 ASB eases lending policy
17 Jun 2020 Licence classes welcomed, more clarity needed on some criteria: Shanks
17 Jun 2020 Market posts its biggest gain since March; A2 and F&P take the lead
17 Jun 2020 ACC to decarbonise it portfolio
17 Jun 2020 QE could push mortgage rates even lower: ASB
17 Jun 2020 [GRTV] Watch out for some market surprises: Gaynor
17 Jun 2020 FAP or Fiction - Five Clues
17 Jun 2020 Southland comes up trumps for investors
17 Jun 2020 FMA finally shows what full licensing looks like
17 Jun 2020 New-to-bank lending freeze
17 Jun 2020 New-to-bank lending freeze
17 Jun 2020 New-to-bank lending freeze; Allow KiwiSaver for investment properties?
17 Jun 2020 New-to-bank lending freeze
16 Jun 2020 'At some point someone needs to be allowed to lose some money'
16 Jun 2020 US Fed stimulus drives global rally; Including NZ
16 Jun 2020 COMMENT: Allow KiwiSaver for investment properties
16 Jun 2020 Positive signs in property market; Re-opening could affect OCR
16 Jun 2020 Considering the trans-Tasman bubble
16 Jun 2020 Beating expectations
16 Jun 2020 Investors offered rural exposure – without the risk
15 Jun 2020 NZ shares fall as new virus cases appear in China
15 Jun 2020 Strong comeback could affect OCR outlook
15 Jun 2020 Funeral cover dead and buried
15 Jun 2020 Market feels Covid-19 impact
15 Jun 2020 Cash backs creep up; Kiwibank cuts
15 Jun 2020 Cash backs creep up
14 Jun 2020 Newpark plots new future, tells advisers to make a choice
12 Jun 2020 NZ shares fall as Asia joins global sell-off
12 Jun 2020 Melanie Purdey
12 Jun 2020 [GRTV] Full Interview: Sam Tremethick
12 Jun 2020 [GRTV] Melanie Purdey
12 Jun 2020 [GRTV] Clear value proposition is key
12 Jun 2020 Wind up emergency tenancy provisions now - REINZ
12 Jun 2020 Trading NZPIF places
12 Jun 2020 Kiwibank slashes 1% from floating rates; Newpark seeks investment; ICBC cut;
11 Jun 2020 Cold water poured on V-shaped recovery
11 Jun 2020 BNZ to put all staff through courses
11 Jun 2020 Level one: the new normal
11 Jun 2020 Kiwibank cuts 1% from floating rates, rivals cut fixed rates
11 Jun 2020 ANZ launches 2.65% one-year special
11 Jun 2020 Nikko opens platform to advisers
11 Jun 2020 Industry unites in message to select committee
10 Jun 2020 NZ shares fall as world waits on the Fed
10 Jun 2020 Investors hunt for bargains
10 Jun 2020 Investors hunt for bargains
10 Jun 2020 AMP ditches offices
10 Jun 2020 Investors hunt for bargains
10 Jun 2020 Shake-up for Lifetime
10 Jun 2020 nib extends its COVID-19 member support package
09 Jun 2020 Strong kiwi weighs on exporters pushing sharemarket down
09 Jun 2020 [GRTV] FAP or Fiction?
09 Jun 2020 $75m on offer for new developments
09 Jun 2020 Optimism about level one; First Mortgage Trust makes key hires
09 Jun 2020 First Mortgage Trust makes business development hires
09 Jun 2020 Advisers optimistic about alert level one
09 Jun 2020 Adviser sector facing lumpy income, uncertain times – and opportunities
08 Jun 2020 NZX50 back in positive territory on optimism over recovery
08 Jun 2020 OMNIMax and BNZ work together to help BNZ customers get the most out of KiwiSaver
08 Jun 2020 What lockdown meant for landlords’ finances
08 Jun 2020 New record-low rate at 2.55%; What will alert level one mean for landlords?
08 Jun 2020 Non-Bank help for Advisers is here!
08 Jun 2020 CoFI submitters: Slow down
07 Jun 2020 Covid-19 rattles investor confidence
07 Jun 2020 COMMENT: Will level one mean level one for residential landlords?
05 Jun 2020 NZ shares fall as kiwi dollar weighs on offshore earners
05 Jun 2020 RBNZ 'doing its job'
05 Jun 2020 Bright spots in commercial outlook
05 Jun 2020 nib Foundation supports Lifeline to the tune of $150,000
05 Jun 2020 New record low fixed rate at 2.55%
05 Jun 2020 Financial Markets Authority takes ANZ to court
05 Jun 2020 Southern Cross Health latest claims statistics revealed
05 Jun 2020 Ex-Southern Cross executives launch new venture; TSB slashes rates
05 Jun 2020 FSCL told: Plan for succession, hold on to financial reserves
04 Jun 2020 Third consecutive day of gains on NZX as optimism persists
04 Jun 2020 Concerns over commercial rent dispute plan
04 Jun 2020 Ex-Southern Cross executives start new venture
04 Jun 2020 Bank LVR limits on hold; Co-operative Bank cuts rates
04 Jun 2020 Bank LVR limits on hold
04 Jun 2020 The health insurance sector now has a very powerful ally
04 Jun 2020 Bank LVR limits on hold
04 Jun 2020 CareSaver makes private equity investments
03 Jun 2020 Investors eye covid recovery
03 Jun 2020 Weak sales, resilient prices
03 Jun 2020 Time for financial advisers to step up on KiwiSaver
03 Jun 2020 Pie: Covid sharpened focus on changes required
03 Jun 2020 SBS revamps reverse mortgage; ASB helps bereaved borrowers
03 Jun 2020 Former BNZ bankers back new advice firm
03 Jun 2020 SBS revamps reverse mortgage product
03 Jun 2020 Market teeters on cliff edge - QV
02 Jun 2020 NZ shares soar as investors get FOMO
02 Jun 2020 Southern Cross halves staff numbers
02 Jun 2020 Compliance statement deadline extended
02 Jun 2020 AIA offers more commission
Latest News
Pie Funds enters adviser channel
Pie Funds enters adviser channel
3 min read
KiwiSaver members need more advice at retirement, panellists say
KiwiSaver members need more advice at retirement, panellists say
3 min read
Simon Papa: Access to advice - Is adviser conservatism the issue?
Simon Papa: Access to advice - Is adviser conservatism the issue?
9 min read
Second funds management firm sold today
Second funds management firm sold today
3 min read
Latest Comments
Give Total Rem the flick if KiwiSaver compulsory
Thank you Backstage. Look beyond just the structure/s. Currently, both employee and employer's contribution are taxed. So, even if I add a 3rd option - $100k salary of which $12k deducted for KS and no employer contribution. It made no difference financially whether it is option a, b or c, assuming law says $12k of the $100k pay package must go to KS. It will make a difference if a new tax law says, employer's contribution is tax free, then option "a" is a no brainer.
2 weeks ago W K
Simon Papa: Access to advice - Is adviser conservatism the issue?
Thank you Simon for such a substantial and thought-provoking piece. You write that “the CoFI law creates the potential for the FMA to influence the supply of financial products and services, not just conduct in relation to such supply”, to which I would offer two replies: Yes; and About Time. Your piece (and also your submission on the draft Fair Outcomes Guide) do suggest a preference for Rational Choice Theory and the Efficient Market Hypothesis. The problems with this being: Humans are not ideally-rational agents, and even if they were, the market is problematically inefficient. The latter is by design, by and for the benefit of the financial institutions. Informational asymmetries mean that consumers often don’t/can’t obtain the information they need to make an informed choice about whether to acquire, retain, or dispose of a financial advice product. (Good luck finding out the actual/modelled loss ratio on optional benefit x on product y.) Extending conduct requirements/expectations beyond supply, into areas such as design and pricing over the full life cycle of products and service offered, should help rebalance the scales. I agree with you when you write: “What is “fair” is inherently vague and contestable.” It doesn’t follow that it is unsuitable. Financial services law is full of such terms: “reasonable,” “care,” “diligence,” and “skill” immediately spring to mind. “Unusually large transaction” and “unusual pattern of transactions” from 22(1)(c) of the AML/CFT Act are vague, and currently subject to contest in FMA v InvestNow. Finally, I agree that more FADC cases would be helpful. Also helpful would be more details from enforcement cases the FMA has taken over the years. For example: Where a FAP was found to have breached the Record Keeping standard condition, provide a couple of (suitably redacted) examples of deficient files, along with explanatory commentary. If your files look like that, then do better.
2 weeks ago Paul Flood
Give Total Rem the flick if KiwiSaver compulsory
@WK agree with your summary and Murray, "exactly". Im a little confused about the statement, total rem has got to go? Even more confused by am mentat... blatant wage theft? Confused about young people not thinking about retirement or insurance? I have had the unfortunate experience at times working for multi national insurance companies and I do not recall them trying to get their mits on my wages, when did this happen? For centuries young people have not been able to picture themselves retired or believe that they will be multi-millionaires by this time. By the way, i bet they have a bank account. Hopefully am mentat works it out or, if he is a prosperous employer just continues to give give give to his employees with wild abandon and continues to cheer on any political parties that place more financial burdens on small business where generally the owner has risked all to try and get ahead. Employing people and helping in this way to provide for there families also.
2 weeks ago Darryl Scott
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...
2 weeks 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.
2 weeks ago Ross Alexander