Archive - 2007
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December 2007
31 Dec 2007 Littlewood to retire
31 Dec 2007 Brook flagged as new home for NZIT investors
31 Dec 2007 News Round Up
28 Dec 2007 Sovereign appoints from within ranks
28 Dec 2007 Heightened Volatility to Test Manager Mettle
28 Dec 2007 Women into Wealth hits Wellington
27 Dec 2007 Westpac head takes a break
27 Dec 2007 Property owners make New Year’s resolution to move
24 Dec 2007 Money Managers appoints national sales manager
24 Dec 2007 News Round Up
24 Dec 2007 Property gauges show market on a decline
21 Dec 2007 PSIS latest to get S&P rating
21 Dec 2007 Weekly Wrap: Festive final wrap
21 Dec 2007 Weak investor confidence frustrates companies
21 Dec 2007 Weak investor confidence frustrates companies
21 Dec 2007 Trust's Chews Lane purchase questioned
20 Dec 2007 Clegg investors get first payment
20 Dec 2007 New series of Kauri Notes
20 Dec 2007 No Xmas cheer for borrowers
20 Dec 2007 Binu Paul joins Tyndall
19 Dec 2007 Credit Agricole sets rate
19 Dec 2007 ASSET - Festive Talkfest
19 Dec 2007 Rents up $10 a week
19 Dec 2007 Figures paint more positive picture than the hype
19 Dec 2007 Financing options becoming more limited
19 Dec 2007 Bridgecorp investors get bad news
18 Dec 2007 Politicians raspberry Retirement Commissioner's idea
18 Dec 2007 Bridgecorp investors get bad news
18 Dec 2007 South Canterbury Finance offer closes fully subscribed
18 Dec 2007 All insurers to come under new regulation rules
18 Dec 2007 Developers decry Affordable Housing Bill
17 Dec 2007 New boss for TOWER Investments
17 Dec 2007 Numeria follows in footsteps of Capital + Merchant
17 Dec 2007 News Round Up
14 Dec 2007 Weekly Wrap: Regulation, tax and facts
14 Dec 2007 HRC review highlights more issues
14 Dec 2007 Absolute return funds expand with Kauri Notes Series II
14 Dec 2007 Kauri Notes - Higher returns, regular income
14 Dec 2007 Govt proposes fairer tax rules
14 Dec 2007 Russell Investment Group appointments
14 Dec 2007 ASFONZ / Women in Super Industry Breakfast
14 Dec 2007 PIE are we waiting?
14 Dec 2007 Provincial payout reaches 72.5%
14 Dec 2007 Term life commissions undisclosed
14 Dec 2007 Financing options becoming more limited
13 Dec 2007 Real estate agents warned not to mislead
13 Dec 2007 Is it a buyers' market for property at the moment or not? Opinion piece.
13 Dec 2007 Asteron appoints National Manager Group Relationships
13 Dec 2007 Rates higher for longer
13 Dec 2007 Keeping temperature down on intl share investments
12 Dec 2007 NZ Finance gets more funding
12 Dec 2007 New online account from PSIS
12 Dec 2007 Rates higher for longer
12 Dec 2007 Some things don't make sense in adviser bill: PAA
11 Dec 2007 Property market rebound in November?
11 Dec 2007 Inland Revenue underlines LAQC concerns
11 Dec 2007 Arrears on mortgage-basked securities down
11 Dec 2007 Alternative investments looking more attractive
11 Dec 2007 Warrington joins Chris Lee
10 Dec 2007 Adviserlink - Mortgage Broking Essentials
10 Dec 2007 News Round Up
10 Dec 2007 House price inflation slows 10%
07 Dec 2007 Weekly Wrap: Santa is coming to town
07 Dec 2007 Big GM changes at Sovereign
07 Dec 2007 APB cost estimates on high side: Weatherston
07 Dec 2007 Buyers market in Auckland
06 Dec 2007 Judgment reveals C+M's poor state
06 Dec 2007 Adviserlink – Investment Planning
06 Dec 2007 Market review: December 2007 commentary
06 Dec 2007 KiwiSaver numbers surge past 300,000
06 Dec 2007 OCR announcement
06 Dec 2007 Bollard hawkish but holds rates steady
06 Dec 2007 OCR unchanged at 8.25%
06 Dec 2007 OCR unchanged at 8.25%
06 Dec 2007 Disclosure and disclosure
06 Dec 2007 Goldridge CEO becomes adviser
06 Dec 2007 Cost of joining APB at least $1000 per adviser
06 Dec 2007 Upward pressure on rents
05 Dec 2007 IFA posts second successive loss
05 Dec 2007 ANZ National Bank increase market share
05 Dec 2007 Goodman Property Trust expands to become country’s biggest
04 Dec 2007 Advisers in spotlight over fin coy collapses
04 Dec 2007 Putting cash into PIEs
04 Dec 2007 ING Xmas Golf Days 2007
04 Dec 2007 Advisers have 3 months to prepare for new laws
04 Dec 2007 Banks play cat and mouse over deposit rates
04 Dec 2007 Auckland property sales defy spring expectations
03 Dec 2007 Global Equities Hindsight Securities
03 Dec 2007 Subscribe to NZ Property Magazine for the chance to win
03 Dec 2007 News Round Up
02 Dec 2007 Rate rise this week unlikely
02 Dec 2007 Cymbis put on negative credit watch
November 2007
30 Nov 2007 What can we learn from the C+M collapse?
30 Nov 2007 Equitable scores S&P rating
30 Nov 2007 Mortgage lending in soft patch
30 Nov 2007 Investment the key, says Cullen
30 Nov 2007 Offwood joins TOWER
29 Nov 2007 Capital + Merchant unlucky 13th as liquidity freezes
29 Nov 2007 Adviserlink – Financial Plan Construction and Review
29 Nov 2007 NZX expands reach into funds management
Latest News
Weekly Wrap
Weekly Wrap
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5+5 Ideal super savings rate experts say
5+5 Ideal super savings rate experts say
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Second funds management firm sold today
Second funds management firm sold today
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CastlePoint Funds sold (again)
CastlePoint Funds sold (again)
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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