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Two advisers get personalised DIMS nod - Good Returns
http://m.goodreturns.co.nz/article/976503254/two-advisers-get-personalised-dims-nod.html
Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Two advisers get personalised DIMS nod. 10 Aug, 6:00am by Susan Edmunds. Two advisers have been authorised to provide personalised discretionary investment management services. It had been suggested that few AFAs would be up to the standard required. The FMA confirmed last week that it had approved two applications. One was from Christchurch adviser Alistair Bean. A one-and-a-half hour phone call with th...
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Barnes hands over chief executive role - Good Returns
http://m.goodreturns.co.nz/article/976503258/barnes-hands-over-chief-executive-role.html
Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Barnes hands over chief executive role. 10 Aug, 3:23pm. Complectus group has appointed Grant Kemble as chief executive, assuming responsibility for day-to-day management from Andrew Barnes. The group includes Perpetual Guardian, Guardian Trust, Covenant Trustee Services and Foundation Corporate Trust. Kemble joins Complectus from Russell McVeagh, and is a non-executive director of airways New Zealand.
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Commissions put pressure on: Report - Good Returns
http://m.goodreturns.co.nz/article/976503252/commissions-put-pressure-on-report.html
Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Commissions put pressure on: Report. 7 Aug, 6:00am. It is very capital intensive for insurers to run an adviser distribution channel in New Zealand because of the high upfront commission structure, a new AM Best report says. The report from the rating agency, says commissions have a continuing role driving distribution of life insurance products. The report notes that with such a high net expense ratio, ...
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Mortgages - Good Returns Mobile Edition
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Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Looming LVRs impact on mortgage lending. 24 Aug, 4:43pm. New LVR restrictions seem to be affecting mortgage demand already, with the Reserve Bank’s latest residential lending data showing a big dip in mortgage lending. Expect OCR cut in November - economists. 24 Aug, 6:00am. Further OCR cuts are looming strongly on the horizon in the wake of the Reserve Bank’s speech yesterday, economists have said.
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Massey calls for Act overhaul - Good Returns
http://m.goodreturns.co.nz/article/976503223/massey-calls-for-act-overhaul.html
Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Massey calls for Act overhaul. 30 Jul, 6:00am by Susan Edmunds. Industry regulations are cumbersome and reduce the number of advisers operating in the New Zealand market, a group of Massey University academics say. Claire Matthews, Michael Naylor and Janine Scott have made a submission in response to the Financial Advisers Act review issues paper. The Massey submission argues the Act should aim to cut ad...
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KiwiSaver - Good Returns Mobile Edition
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Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Generate rakes in new FUM. 25 Aug, 9:04am. Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows. Call for KiwiSaver to follow Super Fund on ethical investing. 24 Aug, 6:00am. New Zealand's newest KiwiSaver provider is calling on the rest of the industry to adopt standard responsible investing protocols.
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Fraud would cost adviser authorisation - Good Returns
http://m.goodreturns.co.nz/article/976503255/fraud-would-cost-adviser-authorisation.html
Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. Fraud would cost adviser authorisation. 10 Aug, 5:59am. An AFA who was jailed last week on fraud charges after being blackmailed by his ex-mistress has lost his house and his wife's retirement savings . and, potentially, his adviser authorisation. The man is a formerly self-employed insurance and financial adviser who started tombstoning in response to blackmail from his former lover. As a result of his ...
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People - Good Returns Mobile Edition
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Click here if you prefer to use the non-mobile version of GoodReturns. Good Returns - Mobile Edition. 29 Aug, 10:29am. Actuary Mark Weaver is moving on from the firm that holds his name. 26 Aug, 6:00am. Sovereign is overhauling its leadership team - and sources say up to five of its most senior staff may go. Kingfish manager steps down. 24 Aug, 8:18pm. Fisher Funds’ senior portfolio manager Murray Brown is to retire. AMP Capital's two latest appointments. 22 Aug, 6:53am. Sue Brown moves on to new business.