Kiwis should embrace supermodels
(When I talk about embracing “supermodels”, I’m actually talking about embracing “super models”. As in, all Kiwis should care about the policy settings relating to NZ Superannuation. If...
Category: Financial advice
On bank conduct and culture
The Financial Markets Authority (FMA) and the Reserve Bank of New Zealand (RBNZ) published a long-awaited report on bank conduct and culture earlier this month. The review, and the...
Show me the consequences and I’ll show you the outcomes – why our financial services laws need to be enforced more aggressively
This article is a call to arms for a crack-down on misconduct in the financial services industry in New Zealand. “Show me the incentives and I’ll show you...
The issue isn’t “bad apples”. What New Zealand can learn from Australia’s Royal Commission
Morbid fascination, peppered with dismay and cautious optimism. That’s how I describe my feelings about Australia’s Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry....
Why Fairhaven Wealth’s fees are increasing
I officially launched Fairhaven Wealth in March 2017. (Here’s the blog post that started it all.) A year and a half in, the venture has been a success. I’ve...
When should a financial adviser say they’re “independent”?
I recently had a public brouhaha about a financial advice business that was claiming to be “independent”, even though it was partially owned by a financial product issuer....
Where are people getting advice about direct property and what sort of advice are they receiving?
On May 24 I wrote my first “tweetstorm” (follow me on Twitter here). I made a number of observations about the FMA’s recent snapshot of NZ’s 1,800 Authorised Financial...
Many financial advisers are selling Porsches when most people want Toyotas
Many financial advisers are selling Porsches when most people want Toyotas. Let me explain…
Financial advice for older clients – presentation for lawyers
A presentation I gave to lawyers with an interest in elder law, about how lawyers and financial advisers can work together more effectively.
“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.
