News

SuperNews - February 2008

28 February 2008

Regulations passed under the Securities Markets Amendment Act 2006 will repeal the Investment Advisers (Disclosure) Act 1996 with effect from 29 February 2008, replacing it with new disclosure rules for investment advisers.

Putting spotlight on financial advisers

20 February 2008

The Securities Commission will move fast to ensure strict new disclosure rules - making financial advisers' economic incentives transparent to their clients - are being followed.

Advisers Beware

20 February 2008

Financial advisers face a tough year, says ING head of sales and marketing Wayne Becker – and he predicts the government may fast-track some of its planned new regulations in response to public pressure.

Adviser regulation a step closer

20 February 2008

 Financial Advisors will be held to higher standards of competency, accountability and disclosure under the Financial Advisors Bill sent to the Finance and Expenditure Select Committee yesterday, Commerce Minister Lianne Dalziel says.

Plug for Kiwi fund managers

18 February 2008

New Zealand's financial sector would be stronger if more superannuation savings went to fund managers based here rather than offshore, Christchurch's George Bayley says.

A Budget for a sustainable, prosperous New Zealand

13 February 2008

 Finance Minister Michael Cullen will deliver his ninth Budget on 22 May 2008. 

KiwiSaver 'will change plans for retirement'

13 February 2008

Less importance will be placed on home ownership at retirement due to KiwiSaver and housing affordability, Mercer investment managers and consultants predict.

KiwiSaver breaks through 40,000 barrier

7 February 2008

The number of New Zealanders joining KiwiSaver continues to beat initial expectations, finance minister Michael Cullen said today.