Phil Macalister

Phil Macalister

News by this author

The New Zealand National Party’s plans to offer tax incentives for retirement savings have been slammed by two of its allies, its potential coalition partner Act, and rig...

The advantages that many of the tax-effective investment vehicles currently enjoyed by New Zealand investors may be lost soon, if Finance Minister Michael Cullen proceeds...

The Securities Commission has recommended that the New Zealand government should make significant changes to laws governing investment advisers....

New Zealand fund managers can stop holding their breath waiting for the Securities Commission’s report on practices within their industry - it’s officially been canned....

The New Zealand Government has ruled out offering tax incentives for retirement savings, as it promised, because it can’t afford them at present....

Challenger says it is still committed to the New Zealand market, despite laying off two thirds of it sales team and its marketing manager....

Regulation of New Zealand’s financial advisory industry is shaping up to be one of the big issues this year....

AMP Henderson's New Zealand equities team is back up to full strength after the sudden loss of its two key players last year....

Fund managers can breathe a sigh of relief now that the Securities Commission has decided not to review their practices, however financial planners aren't so lucky...

Financial advisers working for banks have been criticised by the Banking Ombudsman for "overselling" their funds....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 10 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 14 hours ago