1 minute read
TOP 10
by ASSET
Next Article
As usual it has been a busy month on Good Returns. Here is a list of the top 10 most read stories over recent weeks.
01. Adviser appears before FADC on record keeping charges
A financial adviser with 35 years' experience appeared before the Financial Advisers Disciplinary Committee in Wellington last week, facing allegations she didn’t understand her profession’s legislation and code.
02. Partners snares BNZ
Partners Life has achieved its biggest milestone since the business started nine years ago – the acquisition of BNZ Life.
03. PI cover in doubt for small adviser firms
MBIE and FMA have been at pains to assure small advisory firms that they will be able to operate under the new licensing regime, but professional indemnity insurer NZI, has quashed those assurances.
04. FADC finds against AFA in code of conduct case
A financial adviser who breached the Code of Conduct by skimping on client medical histories in insurance applications has learnt their fate.
05. Nikko AM disrupts KiwiSaver market with high-performing ARK fund
The latest offering from Nikko AM provides exclusive KiwiSaver access to the ARK Disruptive Innovation Fund.
06. FMA: Advisers without PI should take the bull by the horns
NZI surprises FMA with removal of PI cover for small advisory firms but says it is not the end of the line for these advisers.
07. Good Returns fund manager of the year 2020 winners announced
The results of the Good Returns Fund Manager of the Year awards can finally be revealed.
08. Travel agents get their financial advice wings
Covid-19 has wrecked international travel and agents are now looking to become financial advisers through a new scheme.
09. Ponzi perpetrator Barry Kloogh not forced to pay reparations
The former financial adviser who stole $15.7 million from his clients will not be forced to pay over $5 million in reparations.
10. No appetite for PI any longer compliance expert says
After NZI’s announcement regarding PI, compliance expert Steven Burgess says that PI is on its way out the door for smaller businesses, but that might not be the end of the world..
