Archive - 2017
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June 2017
20 Jun 2017 SBS produces record result
20 Jun 2017 FMA appoints board member
20 Jun 2017 Financial Advice NZ: What's really new?
20 Jun 2017 Affordability measure proves more houses needed
19 Jun 2017 FSC launches new awards
19 Jun 2017 TSB's close to market leading rate; OCR preview
19 Jun 2017 Health cover for your clients just got easier!
19 Jun 2017 Traditional balanced funds - return free risk?
19 Jun 2017 Focus on bank sales may be good news for advisers
19 Jun 2017 Hard road to success
16 Jun 2017 Stubbs on attack with fee calculator
16 Jun 2017 Verdict in on this week's OCR call
16 Jun 2017 Getting to Know: Claire Matthews
16 Jun 2017 11 is the magic number for Westpac
15 Jun 2017 'Crushing' penalty sought in Warminger case
15 Jun 2017 Building for the future
15 Jun 2017 Is the writing on the wall for handwritten loan apps?
15 Jun 2017 FMA proposal criticised by fund managers
15 Jun 2017 Thursday news in brief
14 Jun 2017 Stand-down period sparks complaint
14 Jun 2017 Mortgage Express adds another adviser
14 Jun 2017 Full steam ahead for Three Kings development
14 Jun 2017 Units buck slowing trend
14 Jun 2017 Subdued market more balanced
14 Jun 2017 KiwiSaver contribution decision a missed opportunity
13 Jun 2017 Harris moves to Pie
13 Jun 2017 Reigning in Wellington landlords
13 Jun 2017 Stretched valuations make allocation decisions harder: Researcher
13 Jun 2017 Match racing: NZ PIE funds vs US ETFs
12 Jun 2017 Taskforce reveals way forward for Auckland
12 Jun 2017 Mark Weaver has died
12 Jun 2017 TSB's profit falls and some rates rise
12 Jun 2017 Give advisers something to be proud of: Dodds
12 Jun 2017 It’s CRUNCH TIME on the property clock
11 Jun 2017 TSB lends through Harmoney
11 Jun 2017 TSB sees big profit fall
09 Jun 2017 Getting to Know: Russell Hutchinson
09 Jun 2017 Debt to income tool not dead, unfortunately
09 Jun 2017 Westpac scraps online app process
09 Jun 2017 Advisers told to take more care with PI cover
09 Jun 2017 Accuro launches online application tool
09 Jun 2017 Stand out global performer
08 Jun 2017 FMA outlines fee methodology
08 Jun 2017 AIA rejoins FSC
08 Jun 2017 DTIs would cut thousands out of market
08 Jun 2017 Innovative Securities loses appeal
08 Jun 2017 Behavioural insights change KiwiSaver behaviour
08 Jun 2017 Thursday news in brief
08 Jun 2017 Government signals more KiwiSaver changes possible
07 Jun 2017 Saturn appoints director
07 Jun 2017 New Zealand not affected by AIA launch
07 Jun 2017 Inner city apartment initiative for Capital
07 Jun 2017 Fund infrastructure differently - ASB
07 Jun 2017 Responsible Lending Code updated
07 Jun 2017 $2m ANZ KiwiSaver processing error to be fixed
07 Jun 2017 Aon rolls out SuiteBox across adviser network
07 Jun 2017 'Inappropriate' incentives contentious
07 Jun 2017 Housing to be election battleground
06 Jun 2017 UDC: On track for sale
06 Jun 2017 Buying insurance cover for adult children
06 Jun 2017 Appeal loss for mortgage fraudster
06 Jun 2017 Market slow but steady – B&T
06 Jun 2017 The Co-Operative Bank cracks the $2 bill mark
06 Jun 2017 Campaign to get more AEDs
06 Jun 2017 Jenkins leaves NZX
06 Jun 2017 Future shocks could rattle Capital
05 Jun 2017 blah
05 Jun 2017 The Ultimate deal for your clients!
02 Jun 2017 Eaqub, Halper join Simplicity
02 Jun 2017 Millions being paid for meth claims
02 Jun 2017 Co-Op Bank flat, but still with some fizz (+ STATS)
02 Jun 2017 Foreign buyer song remains the same
02 Jun 2017 Berry back on FADC
02 Jun 2017 Getting to Know: Trisha Edmonds
02 Jun 2017 GRTV: All eyes on Europe
02 Jun 2017 Investment gems in Lower Hutt
02 Jun 2017 Totara Wealth Management takes shape
01 Jun 2017 Market returning to normal
01 Jun 2017 Slower Auckland sets trend
01 Jun 2017 Give FMA insurance expertise: IMF
01 Jun 2017 Advisers told: Make sure tech is worth it
01 Jun 2017 Thursday news in brief
May 2017
31 May 2017 Consilium hires adviser support rep
31 May 2017 APIA issues sub-let warning
31 May 2017 One little change
31 May 2017 RBNZ renews push for DTIs
30 May 2017 Changing focus for Augusta
30 May 2017 Consents slump bad news
30 May 2017 GRTV: Welcome to Good Returns TV
30 May 2017 GRTV: A voice for the little guys
30 May 2017 Canterbury economic activity still robust
30 May 2017 Massey resumes work on advice degree
29 May 2017 Fee for investors if UDC amendment succeeds
29 May 2017 AIA appoints new boss
29 May 2017 Capital gain time over?
29 May 2017 SBS makes a couple of changes
29 May 2017 Investor confidence at record high
29 May 2017 Rents will rise - Greens
26 May 2017 Weighing up apartments
26 May 2017 Getting to Know: Aaron Bowkett
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