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Last Article Uploaded: Friday, March 2nd, 10:26AM
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Latest Headlines

FMA still waiting for first robo applications

Roboadvice is off to a slow start in New Zealand.

Friday, March 2nd, 6:00AM

The Financial Markets Authority last week announced it was open to applications from providers who wanted to offer personalised financial advicer to consumers via rogbo platforms.

Liam Mason, its director of regulation, said: “The decision to allow providers to offer personalised digital advice gained wide support from the market during consultations last year, including from both small start-ups and large financial institutions ...MORE»

Nikko takes out top Award

Thursday, March 1st, 6:10AM

Nikko Asset Management received the top award as Morningstar's New Zealand Fund Manager of the Year.

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Working group raises FSLAB worries

Wednesday, February 28th, 6:00AM  6 comments

The working group developing a new code of conduct for financial advisers has suggested changes to the Financial Services Legislation Amendment Bill (FSLAB).

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April launch planned for Pie Wealth

Pie Funds is to launch its own advice business - in part because the amount of money coming in via advisers has dwindled.

Tuesday, February 27th, 6:00AM

Chief executive Mike Taylor said the fund manager would launch an advice business, probably in April.

Two advisers have been hired and Taylor said the firm would consider what expansion in numbers happened from there.

"It's very complementary to what we do anyway."

He said Pie Funds' main competitors, Milford Asset Management and Fisher Funds, each had an advice offering.

"It's a natural revolution of the business ...MORE»

FSLAB: Still changes to be made, associations argue

Monday, February 26th, 6:00AM  4 comments

Financial adviser associations say there’s a risk the Financial Services Legislation Amendment Bill is a step back for professionalisation of the industry.

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Getting to Know: Tim Fairbrother

Friday, February 23rd, 10:30AM

Adviser believes luck often comes down to a lot of hard work.

MORE»

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FMA takes FSPR action

Tuesday, February 27th, 7:18PM

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GoodReturns TV
  

Ralph Stewart's Lifetime group hits five

Tuesday, February 27th, 9:44AM

Ralph Stewart set up variable annuities business Lifetime five years ago. The business has evolved and become quite different to what was planned. MORE»

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Platforms' commission question

Wednesday, February 28th, 9:00AM

Platforms offering no advice receive the same insurance commission rates as financial advisers offering personalised guidance on insurance products. MORE»

TMM Online
  

Bluestone hails “extra firepower” after US takeover

Friday, March 2nd, 10:23AM

Bluestone chief executive Campbell Smyth expects stronger funding after Asia-Pacific operation sold to Cerberus. MORE»

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Kerr Neilson steps back at Platinum

Monday, February 26th, 11:31AM

A new chief executive has been appointed for the Australian fund manager, MORE»

KiwiSaver   

'Information gap' harming KiwiSaver outcomes

Monday, February 26th, 6:00AM

KiwiSaver investors still lack the knowledge required to make good choices about the investments, ASB’s latest KiwiSaver survey shows. MORE»

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Latest Comments
  • Working group raises FSLAB worries
    “Brent, I enjoy your commentary, and support your various campaigns. However, I think you need to develop a better understanding...”
    2 days ago by BGW
  • Working group raises FSLAB worries
    “My point Murray was that the exemption doesn't affect me at all. It's not an "allegation"- it's a simple fact that some...”
    4 days ago by Simon Papa
  • Working group raises FSLAB worries
    “Thanks for your comments Simon. Do you think that lawyers who direct some or all of their clients savings into a high risk...”
    4 days ago by Brent Sheather
  • Working group raises FSLAB worries
    “@Simon Papa The fact that you do not provide financial advice yourself does not disprove the allegation that some layers...”
    4 days ago by Murray Weatherston
  • Working group raises FSLAB worries
    “As a lawyer I’ve never provided financial advice to clients. I think it’s worth noting that, except in limited areas...”
    4 days ago by Simon Papa
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