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Fidelity Life Career connect scholarship recipients aim to boost adviser diversity
Insurance

Fidelity Life Career connect scholarship recipients aim to boost adviser diversity

DO NOT USE Fidelity Life, New Zealand’s largest locally owned life insurer, is thrilled to announce the recipients of its seven Career connect scholarships for 2024.

Sun, Jun 9th 2024 09:24AM
Leg up given to get more diversity in adviser industry

Leg up given to get more diversity in adviser industry

3 min read
[Opinion] Debate on funding cancer drugs good time to spread the word on health insurance

[Opinion] Debate on funding cancer drugs good time to spread the word on health insurance

5 min read
New Partners boss presents his plan to advisers

New Partners boss presents his plan to advisers

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[Opinion] Trauma reinstatement/buyback advice to client must be accurate

[Opinion] Trauma reinstatement/buyback advice to client must be accurate

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AIA Wellbeing Study: Vulnerable conversations ease adviser stress

AIA Wellbeing Study: Vulnerable conversations ease adviser stress

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Proposed changes to insurer remedies on non-disclosure

Proposed changes to insurer remedies on non-disclosure

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MDRT NZ gears up for growth

MDRT NZ gears up for growth

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7 key takeaways from new insurance bill

7 key takeaways from new insurance bill

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Overhaul of insurance regulations starts

Overhaul of insurance regulations starts

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Insurance affordability relies on deeper understanding of hazards

Insurance affordability relies on deeper understanding of hazards

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Acquisition marks significant strategic milestone for Wealthpoint

Acquisition marks significant strategic milestone for Wealthpoint

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A Statement of Advice may not be what you think it is

A Statement of Advice may not be what you think it is

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[Opinion] Comedy of errors at the RBNZ

[Opinion] Comedy of errors at the RBNZ

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It'll be different this time; Asteron boss on Resolution deal

It'll be different this time; Asteron boss on Resolution deal

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[Opinion] Will RBNZ demand proof from Resolution on support for Asteron Life customers?

[Opinion] Will RBNZ demand proof from Resolution on support for Asteron Life customers?

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Latest Comments
Surge in complaints against advisers
Susan Taylor is not THE financial ombudsman. We have an appointed Banking Ombudsman who is Nicola Sladden but there is no financial ombudsman per se. Susan Taylor is the CEO of Financial Services Complaints Limited (FSCL) a dispute resolution scheme which after a protracted court battle has now been allowed to use the term ombudsman in its name. FSCL’s website is now stating that they are “a financial ombudsman service” Susan Taylor in addition to being their CEO is also calling herself Financial Ombudsman. Just felt it was important to highlight the above when this article is all about people making instant judgements about others.
1 month ago Simon Rule
Business funding landscape change
As reported yesterday Kiwibank is owed just over $1.8 million now after the collapse of the Solar Group, while the Inland Revenue is owed around $933,675. The people in charge at Kiwibank think they don't need to run it like a real bank because of its taxpayer backing. Their attitude has always been they can just go back to the Government (taxpayer) for more money if needed. A lot of their lending decisions are based around this.
1 month ago Simon Rule
Trust Management starts push into financial advice market
Exciting to see Trust Investments stepping into the financial adviser space with such clarity of purpose and vision. After years of delivering thoughtful, values-driven outcomes for institutional and for-purpose clients, their expansion brings a welcome addition to adviser portfolios - with their Global Bond Fund providing a relevant alternative to some of the traditional approaches.
1 month ago Clayton Coplestone
Salt's Long Short Funds delivers the manager a big payday
I mean seriously, it's not really a benchmark that is a true test of skill is it?. It's set at such a level that a passive exposure would pay performance fees. From Salts own fact sheet, since inception the benchmark has returned 7.45% and also from Salts own fact sheet a passive NZX/ASX exposure return of 8.66% per annum. Congrats, you've underperformed your own passive comparison by 1.2% per annum before fees! It gets real spicy if you take a passive, hedged exposure to SPX. Now your benchmark is underperforming a passive exposure by 7% per annum. Don't really see the point of the the fund, not even volatility reduction as it looks like the fund participated fully in the drawdown during Trump 1 and COVID.
1 month ago Barry Peters
Big, fat beautiful fees
FYI - It is NOT the bank's data. If I as a banking customer agree that the fintech may have access the banks can't stop or charge for that data. If they do I can charge the bank for using my data. What ius good one way should be good the other as well.
1 month ago Martin Frauenstein