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McGuffie set for February trial
Insurance

McGuffie set for February trial

An insurance broker accused of dishonestly making claims is set to go to trial in February.

Tue, Nov 24th 2015 06:00AM
Fidelity joins FSC exodus

Fidelity joins FSC exodus

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Asteron quits FSC

Asteron quits FSC

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PAA offers FSC support

PAA offers FSC support

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FSC launches income protection campaign

FSC launches income protection campaign

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Remuneration is not the big problem: Sovereign

Remuneration is not the big problem: Sovereign

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MJW report deails: Cut soft commission, slash upfronts

MJW report deails: Cut soft commission, slash upfronts

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More female insurance leaders needed: Tereora

More female insurance leaders needed: Tereora

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Asteron and Fidelity stick with FSC - for now

Asteron and Fidelity stick with FSC - for now

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Churn not advisers' problem, coach says

Churn not advisers' problem, coach says

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Mosaic signs Aussie deal

Mosaic signs Aussie deal

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Commission regulation not likely: Goldsmith says

Commission regulation not likely: Goldsmith says

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AIA hands in FSC notice

AIA hands in FSC notice

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Pay rise does not have to mean nasty shock

Pay rise does not have to mean nasty shock

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nib expands its distribution

nib expands its distribution

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AMP reveals 14 enhancements

AMP reveals 14 enhancements

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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?
3 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.
4 days 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.
5 days 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