Don't bet on Aussie banks: PM Capital
Investors would be better to put their money in American banks than to buy stock in their Australian counterparts, an equity fund manager says.
View ArticleUrgent action required over banks' KiwiSaver selling tactics
Banks have been put on notice by FMA chief executive Sean Hughes that their sales tactics are under review.
View ArticleRFAs should become AFAs
Regulators want to see more registered financial advisers becoming authorised financial advisers to plug the advice gap on KiwiSaver.
View Article[Weekly Wrap] Regulation still a key concern
Three conferences in less than two weeks - it's been a hectic fortnight for the Good Returns team and many in the financial advice sector around the country.
View ArticleHow to make advice a profession
Invercargill-based adviser Stephen O'Connor, who last week was awarded for his services to financial planning, says there is still a long way to go before his industry is recognised as a profession.
View ArticleRAM investors allege insider trading
Ross Asset Management investors' representatives have written to the Serious Fraud Office, asking it to investigate allegations of insider trading.
View ArticlePoor retention rates can be turned around: AMP
Low retention rates among financial advisers can be turned around with more mentoring and transparency, says Felicity Cain, adviser recruitment manager at AMP Financial Services.
View ArticleAnother Australian manager crosses the ditch
A fund set up by two former Hunter Hall managers is crossing the Tasman and coming to New Zealand. Jack Lowenstein, of Morphic Asset Management, provides some thoughts on international markets.
View ArticleBank KiwiSaver lure may backfire
Being able to check a KiwiSaver balance online might be a double-edged sword, according to research by Massey University's Claire Matthews.
View Article[Weekly Wrap] Wanted: More advisers
How to attract new financial advisers into the sector, and then how to keep them there, have been topics of discussion on the Good Returns site this week.
View ArticleNZ firm forms JV with Swiss manager
Staples Rodway's asset management arm, Staples Rodway Funds, has entered into a joint venture with Swiss fund management giant Gottex.
View ArticleChallenges ahead for FMA
Increasing financial challenges lie ahead for the Financial Markets Authority, but advisers should not assume that means they will get an easier time from the regulator.
View ArticleFund managers score poorly, but improve
New Zealand has been ranked second-to-last in the world when it comes to investor friendliness.
View ArticleAustralians finally get act together on super portability
The ability to move pensions across the Tasman is finally here and provides new opportunities for advisers.
View Article[Weekly Wrap] How much do consumers know?
One of the questions that has been asked by many people this week is how aware consumers are of exactly what they are doing with their personal finances.
View ArticleDavid Ross charged
David Ross has been charged with false accounting and theft by a person in a special relationship - and financial advisers are in for a warning from the FMA about DIMS.
View ArticleCould dealer groups become regulators?
Handing some regulatory responsibilities to dealer groups would help to streamline processes, says Camelot Group's Peter Cave.
View ArticleAdvisers yet to get responsible investing
Financial advisers are not buying into responsible investing at the same rate as institutional investors, says Matt Mimms, of the Investment Store.dvise
View ArticleClarity brought to issue of transfer of offshore pensions
There's new clarity on tax for advisers who have clients with foreign superannuation scheme interests.
View ArticleFMA warns on AML
Firms that have not had their anti-money laundering compliance systems independently audited will be the priorities for the Financial Markets Authority's attentions, it has confirmed.
View Article
