Good Returns TV is pleased to bring you an extended interview with the Minister of Commerce Kris Faafoi. In it he discusses issues with the Code Working Group, the future of commissions, KiwiSaver and churn in the life insurance sector.

Commerce and Consumer Affairs Minister Kris Faafoi says he’s made it clear from the outset that small financial advice businesses need to have their voices heard as the new regime is developed.

The future business practices for every adviser in New Zealand, whether it mortgages, insurance or investments is going to be determined by the Code Working Group (CWG).

Westpac's former head of third party distribution, David Gopperth, has returned to the industry in a regional sales manager role.

Consilium has hired a business development manager in Auckland, who will be a familiar face to advisers.

Government officials are suggesting all advisers make publicly available information about the fees they charge and the commissions they receive, so consumers can choose who they want to deal with.

Asteron Life research has found only 17% of small and medium enterprise business owners and decision-makers (SMEs) have income protection insurance.

Pie Funds says it still wants to grow its adviser force as it beds in its advice offering.

New role allows for client-focus

Adviser says he can meet unique needs

NZ Funds, which manages the NZ Funds KiwiSaver Scheme, says KiwiSaver investors should not skimp on socially responsible investment, in the pursuit of lower-fee funds.