News

And in other news... 29 July 2010

In this Roundup:
- Advisers honoured as Fellows
- Bookings open for Set B exam
- Dorchester investors warned
- Strategic Finance in liquidation
- New course for CFP advisers
- Head of Fin Serv Complaints

By Deirdre Keown
 
 

Financial Advice

Publisher's Perspective: Morgan's nemesis

Gareth Morgan has again crossed the line of professionalism and common decency. His comments in yesterday’s New Zealand Herald went well beyond the pale, continuing what seems to be his mission to destroy the reputation of all financial advisers and achieve investor mistrust of all but one - himself...

By Graham Rich
 
 

Insurance

ISI to capitulate on Replacement Policy Advice

The Investment Savings and Insurance Association is on the verge of announcing that its unpopular new Replacement Policy Advice policy will be scrapped, according to industry sources...

By Deirdre Keown
 
 

Financial Advice

financialalert comes of age

Twenty years ago, New Zealand celebrated 150 years since the signing of the Treaty of Waitangi, put its first female Governor-General in office, Susan Devoy won the world squash championship - and July 2010 marks the 20th birthday of financialalert, the first dedicated publication for New Zealand's financial advisers...

By David Maida & Deirdre Keown
 
 
 

Investment

Morgan spin brings the money in

Despite the Gareth Morgan Growth fund being the worst performer over the last two years, and rock bottom over the last three months, investors piled in more money to it than any of its competitors...

By Deirdre Keown
 
 

Insurance

AFAs may be exempt new replacement forms

The key financial advisory associations have been invited to examine new wording put out on Friday by the Investment Savings and Insurance Association (ISI) for its Replacement Policy Advice brochure and form - but all agree that Authorised Financial Advisers should be exempt from using them...

By David Maida
 
 

Insurance

ISI pulls pin on RPA policy - but only for now

The Investment Savings and Insurance Association has today confirmed that advisers are not expected to conform with the new Replacement Policy Advice policy - but the fund industry association insists it will implement an updated policy by 1 October...

By Deirdre Keown
 
 

Investment

On the record: Darren Howlin, Research Manager, Lonsec

Australian-based research house, Lonsec, has been gearing up to offer its subscription funds research to New Zealand financial advisers. financialalert caught up with Darren Howlin, research manager at Lonsec and the man in charge of its New Zealand push, about what Lonsec will offer, and how it's different to the encumbent NZ funds research houses...

By David Maida
 
 
 
 
 
 
 
 
 
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