Category: Financial advice

The paradox of advice

If you decide to engage a financial adviser, you might think that the decision would make you better off financially. That’s not necessarily true. I was chatting with some clients recently and had a...

Fiduciary: yet another “F” word

Every now and then, I see people use the word “fiduciary” when it comes to financial advice. Although I 100% support what the term represents — an alignment between the interests of client and...

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 report, are interesting, if you’re into...