Archive - 2006
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December 2006
28 Dec 2006 Study backs reverse mortgages as retirement solution
28 Dec 2006 More directors on Planet board
22 Dec 2006 $107 million funding deal sees Pegasus take shape
22 Dec 2006 Millbrook sells $17 million worth of sections in two months
22 Dec 2006 Managed funds finish year on high
21 Dec 2006 Health insurance booming
21 Dec 2006 Surpluses could fund savings
20 Dec 2006 A borrowing strategy to consider
20 Dec 2006 Commission bans contributory mortgage broker
19 Dec 2006 Property returns reach new all time high
19 Dec 2006 Landlords.co.nz
19 Dec 2006 South Canterbury Finance gets BBB - rating
19 Dec 2006 Macquarie signs up to Aegis
18 Dec 2006 Auckland and Wellington push up market median
18 Dec 2006 REINZ faces changes to complaints and discipline process
18 Dec 2006 News Round Up
18 Dec 2006 AMP swaps two senior managers
17 Dec 2006 News in brief
16 Dec 2006 South Auckland property market surges
15 Dec 2006 SRI pays says local adviser
15 Dec 2006 Data surprise bad news for rates
14 Dec 2006 Spooner off to study
14 Dec 2006 IFA reports a loss in 2006
14 Dec 2006 Property Council supports Taxation Provisions Bill
13 Dec 2006 Finsia'a inaugural 'Government Speaks' Breakfast
13 Dec 2006 New framework unlikely to work: PAA
13 Dec 2006 Auckland house prices picking up
13 Dec 2006 Asian property prices still far below peak levels
12 Dec 2006 NZMBA signs up 1000th member
12 Dec 2006 Allco bids for all of Strategic
12 Dec 2006 Mike Pero confirms mortgages record
12 Dec 2006 Extending the KiwiSaver tax exemption to other registered schemes
12 Dec 2006 Further help for saving as KiwiSaver tax exemption extended
12 Dec 2006 Northplan deal first step for MFS
12 Dec 2006 AIA launches new network
12 Dec 2006 Auld leaves Russell
11 Dec 2006 Residential property increases 9.4%
11 Dec 2006 MFS pays $52 mill for Northplan
11 Dec 2006 News Round Up
10 Dec 2006 Advisers need to focus on rewards
10 Dec 2006 Housing market could still push up OCR
09 Dec 2006 Ray White November results new trading record
08 Dec 2006 Adviserlink Learning Courses
08 Dec 2006 Premium Real Estate guilty of misleading and deceptive conduct
08 Dec 2006 PIS professional development day
08 Dec 2006 More regulation coming
08 Dec 2006 Trustees Executors appoints two BDMs
08 Dec 2006 Adviserlink Learning Courses
07 Dec 2006 Monetary Policy Statement
07 Dec 2006 KiwiSaver default providers selected
07 Dec 2006 KiwiSaver default providers Q&As
07 Dec 2006 KiwiSaver default scheme providers announced
07 Dec 2006 Bollard holds rates steady but hawkishness exceeds expectations
07 Dec 2006 PIS professional development day
07 Dec 2006 OCR unchanged at 7.25%
07 Dec 2006 Advisers need to focus on rewards
07 Dec 2006 Substantial subdivision in Te Kauwhata
07 Dec 2006 Firing trustees proves expensive
07 Dec 2006 Landlords amassing war chests in anticipation of softening market
06 Dec 2006 Another record result for property market
06 Dec 2006 PIS professional development day
06 Dec 2006 Head of Responsible Investment for fund
06 Dec 2006 Days numbered for small finance companies?
06 Dec 2006 Unhappiness at tax change decision
06 Dec 2006 Deposit rates news briefs
05 Dec 2006 Adviserlink Learning Courses
05 Dec 2006 New brochure on enforcing Tenancy Tribunal orders
05 Dec 2006 New property law a big step in the right direction
05 Dec 2006 Weathertightness Chief Adjudicator appointed
05 Dec 2006 Market Review: Can the good times roll for yet another year?
05 Dec 2006 PIS professional development day
05 Dec 2006 Mallon resigns from St Laurence
05 Dec 2006 Sovereign writes $6 bill in home loans
05 Dec 2006 Tax changes force fund closure
04 Dec 2006 PIS professional development day
04 Dec 2006 Expection OCR will be left unchanged
04 Dec 2006 News Round Up
04 Dec 2006 Software: Columbus Property Manager 2.0.3
04 Dec 2006 Marlborough: Days of wine...and scarce rentals
01 Dec 2006 Payouts for Provincial and Western Bay
01 Dec 2006 Symposium: Lifting New Zealanders’ Financial Literacy
01 Dec 2006 PIS professional development day
01 Dec 2006 Tower New Zealand in renewal mode
01 Dec 2006 Tyndall gets new MD
November 2006
30 Nov 2006 Adviserlink Learning Courses
30 Nov 2006 PIS professional development day
30 Nov 2006 Tight finish for marathon tax bill
30 Nov 2006 Sovereign continues to dominate life market
29 Nov 2006 Rising Trend in New Housing Consents Continues
29 Nov 2006 Geneva to launch home loans
29 Nov 2006 Super products "dodgy": English
29 Nov 2006 Minting a new manager
28 Nov 2006 Key and super
28 Nov 2006 Kiwisaver Regulations released
27 Nov 2006 Leask to join PLS
27 Nov 2006 News Round Up
24 Nov 2006 Auckland house inspection specialists
24 Nov 2006 Bonds with choice of assets
24 Nov 2006 Balanced approach to borrowing recommended
24 Nov 2006 Advisers warned to think before jumping
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.
1 week 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