It will be the year after next before Government attention turns to how Kiwi financial advisers are paid.

Software algorithms that provide investment advice may become more common over the coming year, but aren’t being seen as a threat to human advisers by those in New Zealand.

Record-keeping has been a big issue for many advisers and can underpin many other problems, says an adviser compliance expert who used to work in monitoring for the Financial Markets Authority.

Banks will have to check where a home loan deposit has come from under new rules being proposed by the Reserve Bank - but will not have to worry about a customer’s credit card debt.

2013 has been a busy year for financial advisers and 2014 is likely to be more of the same.

[UPDATED WITH FDR COMMENT] Concerns have been raised over the long notice period that advisers must give to change dispute providers.

Growing business confidence could easily translate into inflation pressure and force the Reserve Bank to move on interest rates much sooner than predicted, commentators say.

Getting to grips with the requirements of the Financial Markets Conduct Act is likely to prompt advisers to look for new ways to join forces.

An FMA guidance note that says it aims to assisted AFAs who provide personalised advice that is limited to a particular subject matter may not be very helpful for those in the field.

The extent of BNZ’s slowdown in lending to low-deposit borrowers is clear in its latest general disclosure statement.

More work must be done to improve the public perception of financial advisers, says the president of the Professional Advisers Association.

Loan-to-value restrictions could result in more opportunities or more competition for the non-bank sector, KPMG says in its latest Financial Institutions Performance Survey.

One of the stories that sparked the most discussion this week was about the skill level of financial advisers.

A $1.1 million grant from Callaghan Innovation will help advisory firm-turned-turned software developer Triplejump towards its goal of listings on the stockmarket in the middle of next year.

Education requirements for authorised financial advisers are leading to a vastly lower skill level in the industry than was seen before the advent of regulation, Massey University’s Mike Naylor says.

A Reserve Bank decision to exempt new construction from the loan-to-value restrictions will be a double benefit, says a broker who has been campaigning for the change.