Differing views on latest CCCFA reforms
There are some differing views on the latest CCCFA changes announced this week, but one thing sector players agree on is that "the devil will be in the detail."
There are some differing views on the latest CCCFA changes announced this week, but one thing sector players agree on is that "the devil will be in the detail."
Stephen Arnold, Founder and Chief Investment Officer at Aoris Investment Management, explains the quality approach that sets its global equity investment strategy apart. MORE »
Amid a slow housing market, mortgage advisers are diversifying into small business loans, tapping into a $20bn industry and becoming one-stop shops for their clients' financial needs. MORE »
In 2019, BNZ launched BNZ KiwiSaver Scheme Navigator (Navigator), a tool for their bankers to use to help customers see what a difference small tweaks could make to their BNZ KiwiSaver Scheme investment. MORE »
The government has decided to remove the due diligence duty and the associated personal liability for directors and senior managers of financial institutions,” commerce and consumer affairs minister Andrew Bayly told the Financial Services Council conference.
The Mortgage Supply Co co-director and long term adviser David Hart is retiring at the end of this month.
The Financial Markets Authority has said it plans to review the mortgage advice sector in wake of the Commerce Commission's report into banking.
The government's Kiwibank accounted for 19.2% of net new mortgage lending in the June quarter and for 18.8% of new lending in the year ended June.
Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.
Investors are coming back into the property market at a rapid clip.
Two of the country’s major banks have slashed their house price growth forecasts for the rest of the year.
SBS FirstHome Combo | 5.59 |
Co-operative Bank - First Home Special | 6.19 |
Unity First Home Buyer special | 6.20 |
ANZ Special | 6.35 |
Co-operative Bank - Owner Occ | 6.39 |
AIA - Go Home Loans | 6.45 |
ICBC | 6.45 |
TSB Special | 6.45 |
Kiwibank Special | 6.45 |
BNZ - Std | 6.45 |
BNZ - Classic | 6.45 |
ANZ Special | 5.79 |
AIA - Go Home Loans | 5.89 |
SBS Bank Special | 5.89 |
Co-operative Bank - Owner Occ | 5.89 |
BNZ - Std | 5.89 |
BNZ - Classic | 5.89 |
ASB Bank | 5.89 |
TSB Special | 5.99 |
Wairarapa Building Society | 5.99 |
Kiwibank Special | 5.99 |
ICBC | 5.99 |
AIA - Go Home Loans | 5.69 |
ASB Bank | 5.69 |
BNZ - Classic | 5.69 |
BNZ - Std | 5.69 |
Co-operative Bank - Owner Occ | 5.79 |
TSB Special | 5.89 |
SBS Bank Special | 5.89 |
Kiwibank Special | 5.89 |
ICBC | 5.89 |
Westpac Special | 5.99 |
Co-operative Bank - Standard | 6.29 |
AIA - Back My Build | 5.94 |
SBS FirstHome Combo | 5.94 |
CFML 321 Loans | 6.70 |
CFML Home Loans | 6.95 |
ANZ Blueprint to Build | 7.39 |
Credit Union Auckland | 7.70 |
ICBC | 7.85 |
Heartland Bank - Online | 7.99 |
Co-operative Bank - Owner Occ | 8.15 |
Co-operative Bank - Standard | 8.15 |
Kiwibank | 8.25 |
Christchurch-based lender Goldband Finance continues to grow.
Olga Nicholson joins Liberty as an underwriter.
Pepper Money has appointed a business development manager.
Sharesies KiwiSaver members can now combine multiple base funds instead of having to choose only one for their KiwiSaver scheme.
Two of the newer KiwiSaver schemes chalked up larger losses in their latest financial year.
ASB CEO Vittoria Shortt would like to see change when it comes to KiwiSaver policy and is interested in developing the product.
Your Weekend Read: Tips to help improve your wellbeing
Here is the latest part in our series on adviser wellbeing.
This one is about self-development and looking after yourself. It has some great tips and ideas on how you can look after yourself and help improve confidence, resilience and optimism, which will positively impact your wellbeing. [READ ON]