| Log In Subscribe for $0.99/week
Tougher controls planned for insurers
Insurance

Tougher controls planned for insurers

Insurers face more rigorous ratings and financial reporting requirements under law changes proposed by the Ministry of Economic Development.
Good Returns
Thu, Jan 3rd 2002 05:25AM
2001 competitive year for insurers

2001 competitive year for insurers

3 min read
Norris' view on Ballantyne's non-appointment

Norris' view on Ballantyne's non-appointment

3 min read
Fidelity reveals who its new ceo is

Fidelity reveals who its new ceo is

1 min read
Health tax may threaten insurance industry

Health tax may threaten insurance industry

2 min read
Ballantyne reveals why she left Sovereign

Ballantyne reveals why she left Sovereign

2 min read
Southern Cross challenge starts

Southern Cross challenge starts

2 min read
RSA sets up broker committees

RSA sets up broker committees

1 min read
State denies health business for sale

State denies health business for sale

2 min read
Southern Cross looks to advisers for help

Southern Cross looks to advisers for help

2 min read
Insurance Industry Solid After Terrorist Attacks

Insurance Industry Solid After Terrorist Attacks

2 min read
Who wants to be a millionaire?

Who wants to be a millionaire?

2 min read
Fears health tax may hurt insurers

Fears health tax may hurt insurers

3 min read
Disability news gets worse

Disability news gets worse

2 min read
RSA's solvency OK

RSA's solvency OK

2 min read
Hellaby's stake in Club Life to shrink

Hellaby's stake in Club Life to shrink

2 min read
NEWS BITES
What's Hot
Morningstar finalists this year
Thu, Feb 5th 2026 08:45AM
01
Castlepoint funds take unexpected hit
Thu, Dec 4th 2025 08:31AM
02
The wedge edge for businesses and trusts
Sun, Oct 5th 2025 09:32PM
03
10 years; $10 billion
Sun, Oct 5th 2025 05:14PM
04
Latest Comments
[OPINION] Tax Efficiency vs. Real Returns: Are you being penny wise and pound foolish?
On a slightly different matter. A friend of mine owned a business and made enough to afford to purchase a property (office cum warehouse) for his business. I asked why don't he buy instead of rent? He said his accountant told him to rent, don't buy, to reduce his tax. He heeded his accountant's advice. 30 years later, he retired, his cash savings was nowhere near the value of the property he didn't buy. Had he purchased the property, at least he has two options - rent out the property for his retirement income or sell it and realise the capital gain (no tax) which far exceeds the tax savings during his business trading years. Penny wise pound foolish, eh?
6 days ago W K
[OPINION] Tax Efficiency vs. Real Returns: Are you being penny wise and pound foolish?
Great article and points made, Andy. I had to explain recently and demonstrate these very points to a very senior professional trustee. I was instructed by the trustee to "make the portfolio tax efficient." I guess, from a CA point of view, that made sense to her. As luck would have it, the newly appointed CA completing the accounts didn't quite see it that way and agreed with my advice and your article.
1 week ago John Milner
Lessons for life insurers from 1918
Remember that New Zealand did not have bodies overwhelming morgues in the midst of the pandemic so we didn't see a spike in deaths - unlike a lot of other countries. Hence no panic to get cover.
1 week ago Mark Stone
Competing with fintechs the way to go
If an adviser has their own FAP license, why would they risk having their client’s data (basically their whole business) held in an aggregator owned CRM?
1 week ago Valkyrie Vulcan
Should KiwiSaver hardship applications be centralised?
It should be that onerous. It's a retirement scheme. not a fix the car scheme not a bail out your bad choices scheme the temptation for it to become so grows as balances grow. And KiwiSaver reules must resist it. Every year there will be a new record for withdrawals, because there will be more in it to take, and more people looking to use it. That's not a failure, that means it works.
1 week ago Regan Thomas