"Who will you get your research from?" (or: The difference between a financial adviser and an investment manager)

If the first question you ask a financial adviser is “where do you get your research from?”, it probably means you’re confusing the roles of financial advisers and investment managers. It’s an easy distinction to overlook - many financial advisers think they’re investment managers, too.

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Counterparty risk - CFDs vs reputable managed investment schemes

I talk briefly about CFDs or “contracts for difference” (moral of the story: steer clear!), and use CFDs to illustrate something called counterparty risk. Generally speaking, the counterparty risk with a CFD is high, and the counterparty risk with a reputable managed investment scheme is low.

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"Sunlight is the best disinfectant". Some thoughts on the Australian financial services Royal Commission

I’m not happy about the misconduct that has been revealed by Australia’s financial services Royal Commission. But I am delighted that it's coming to light, and think this will be a great thing for people seeking high quality financial advice in the future.

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My second submission in relation to the future Code of Conduct for Financial Advice services

In this article I share my second submission to the Code Working Group responsible for the proposed Code of Conduct for Financial Advice services. I reiterate and expand on my original submission, trying to put a strong case for ensuring that high quality advice is widely available to Kiwis, and that there aren't unnecessary compliance costs associated with providing holistic, strategic advice (rather than limited, product-focused advice).

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My submission in relation to the future Code of Conduct for Financial Advice services

In this article I talk briefly about upcoming changes to how financial advisers will be regulated, and the proposed Code of Conduct for Financial Advice services. I also share my 3,000 word submission to the Code Working Group - where I try to put a strong case for ensuring that high quality advice is widely available to Kiwis, and that there aren't unnecessary compliance costs associated with providing holistic, strategic advice (rather than limited, product-focused advice). 

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