With less than two months left to make a decision, a number of advisers are still unsure whether they will offer discretionary investment management services (DIMS) as of the second half of this year.

A KiwiSaver-style workplace insurance programme has been suggested as an option worth exploring to increase private health coverage in New Zealand.

PAA is to sell its portfolio of seven residential properties, which holidaying members have been renting for decades.

New Zealand’s financial services sector can learn what not to do from Australia, it has been claimed.

A search for yield in a low-interest rate environment is driving demand for an increasingly tight supply of corporate bonds.

Australian moves to limit retirees’ ability to withdraw their superannuation savings as a lump sum have prompted mixed reactions from New Zealand KiwiSaver providers.

Registered financial advisers who deal in risk may struggle if the review of the Financial Advisers Act forces them to meet AFA-level CPD requirements.
 

Retirees are not getting enough information about how to make their income last, the body that represents Australia’s superannuation funds says.

The IFA is pondering a pro-bono programme for financial advisers.

The Financial Service Providers Register is up for review after New Zealand regulators were forced to admit they did not know about the activities of a company registered on it that is now facing international market manipulation claims.

It is inevitable that the financial services industry’s professional bodies will have to work more closely together in future, the president of the PAA says.

This year’s Financial Advisers Act review should consider how advice could be made commercially viable without the need for high upfront commissions, the Financial Services Council says.

Smartshares’ three new exchange-traded funds are being described as a handy tool for advisers tackling asset allocation questions.

Investors who want to trade equity options now have a local alternative.

The Financial Markets Authority has dropped its website list of authorised financial advisers because it did not always provide the most up-to-date information, a spokeswoman says.

Continuing professional development does not offer much benefit for financial advisers, it has been claimed.