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Viewing entries tagged with 'Regulations'

"Companies Office needs to pull finger and help the FMA"

31 March 2017

Gareth Vaughan argues the Companies Office needs to pull finger and help the FMA out if NZ's reputation is to be protected from association with unsavoury financial service providers. More>

What have future generations ever done for me?

24 March 2017

His stake is in the ground. Prime Minister Bill English is progressively raising superannuation age of eligibility from 65 to 67. The change will be complete by 2040, but won’t start until 1st July 2037, twenty whole years away. No one born before 30th June 1972 will be affected. More>

Warminger decision "useful clarification of a difficult law"

10 March 2017

Chapman Tripp: The judgment is of significant interest to participants in the New Zealand market, both in the examination of the notoriously elusive legal elements that make up this prohibition and in the Court's treatment of the facts underlying the two alleged breaches that were upheld and the eight that were not. More>

'Macro-prudential tools should be permanent'

6 March 2017

Interest.co.nz: Macro-prudential tools must be permanent features of the housing market landscape, Wellington-based commercial adviser Murray Jackson argues More>

Big changes for some RFAs

1 March 2017

Goodreturns: Advisers will need a way to prove their competence, regardless of how long they have been in the industry, the chief executive of the PAA says. More>

Top 10 questions asked to Sorted's KiwiSaver 'chatbot'

1 March 2017

Stuff: Questions asked to a newly-launched KiwiSaver "chatbot" reveal continued ignorance about the state-sponsored retirement savings scheme. The most common question asked to the new Sorted chatbot is: "What is KiwiSaver?" More>

FAA gone as FMC to assume most advice-ruling powers

20 February 2017

InvestmentNewsNZ: The move to entity licensing will see most financial adviser regulation devolved to the Financial Markets Conduct Act (FMC) under draft reforms released last week. More>

Financial Services Legislation Amendment Bill does away with agents

20 February 2017

Goodreturns: New rules governing financial advice have done away with a proposed "agent" category, but many people are unimpressed. More>

Lawyers balk at government's AML plans

15 February 2017

Lawyers continue to balk at the Government's plans to drag them into compliance with anti-money laundering laws, writes Gareth Vaughan of Interest.co.nz. More>

"It's the Reserve Bank's job to lose sleep"

15 February 2017

NZHerald: The Reserve Bank sounds nervous. In last week's monetary policy statement (MPS), the word "uncertainty" came up eleven times, by my count, writes Mark Lister. More>