GoodReturns | NZ’s financial adviser news-item centre

'Mediators always side with clients'

A case in which an insurance broker was criticised for not conducting a full review of a client’s policy at renewal is being held up as a warning to other advisers.

Thu, Nov 8th 2018 06:00AM

Concerns retiring advisers might jump

3 min read

Newpark boss signs off

1 min read

Job numbers 'cast doubt' on future OCR cut

2 min read

Mortgage Express hires ex-ANZ banker

Adviser group Mortgage Express has hired former ANZ banker Donna Marks to bolster its Wellington operations.

2 min read

Health funds stats 'hark back 20 years'

The number of New Zealanders with health insurance has passed 1.4 million for the first time in more than 20 years.

2 min read

Code consultation 'going well'

More than 50 submissions have already been made on the draft code of conduct for financial advisers.

1 min read

Financial Advice NZ: What if bank processes can't be relied on?

The code working group developing rules for the financial advice sector might need to pay attention to the regulators’ report into the banking sector, the chief executive of Financial Advice NZ says.

2 min read

Financial Advice NZ: What if bank processes can't be relied on?

IFA, PAA faces join Professional IQ

Professional IQ College has signed on three former IFA and PAA names.

2 min read

COMMENT: Landlording is a business

Governments from both sides of the political equation have failed to recognise residential landlording as a business - but it is, argues Auckland Property Investors Association vice president Peter Lewis.

5 min read

Mortgage advisers flagged in bank conduct review

1 min read

Regulators’ report puts spotlight on intermediaries

The FMA and Reserve Bank report into banking conduct and culture has raised concerns about the relationship between banks and intermediaries, in a warning sign for mortgage advisers.

2 min read

Regulators’ report puts spotlight on intermediaries

Banks told: Make sure you know what advisers doing

More work is needed to ensure banks are comfortable with the quality of conversations and advice being given by advisers, the Financial Markets Authority and Reserve Bank say.

3 min read

Banks told: Make sure you know what advisers doing

Banking review finds weaknesses on conduct

New Zealand’s banks are not guilty of widespread misconduct or poor culture issues, an FMA and Reserve Bank review has found, but lenders have been criticised for “significant weaknesses” in the way they handle staff conduct risks.

3 min read

Banking review finds weaknesses on conduct

Westpac a $1 billion baby

Westpac has lifted its full-year cash earnings, growing both deposits and lending against the backdrop of a strong economy and changing banking environment.

2 min read

Another billion dollar baby; Kiwibank cuts

1 min read

Researchers: Re-think PIE regime

Government should level the tax playing field for all savings and savings-related investment vehicles, not allow the PIE regime to provide unnecessary incentives for high-earners, two researchers say.

4 min read

SuperRatings ranks KiwiSaver schemes

SuperRatings has released its top rated KiwiSaver schemes for 2019, and an analysis of the schemes that provide the highest value on a net benefit basis.

2 min read

[The Wrap] Bank D-Day looming

Instead of reflecting back on the week, it seems all eyes are on next week. On Monday, at 2pm, the Financial Markets Authority and Reserve Bank will release their joint report into the conduct of banks in New Zealand.

2 min read

D-day looming for bank conduct report

The Financial Markets Authority (FMA) and Reserve Bank will be releasing their report into bank conduct and culture in New Zealand banks on Monday.

1 min read

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