Good ReturnsGood Returns is designed to be a one-stop information shop for financial planners, investment advisers, and other professionals selling investment and risk products, plus it will appeal to sophisticated retail investors.News Round Up- August 17, 2008 Commission on the case of adviser disclosure; Strong demand for TeleBonds; S&P award two five-star ratings in peer review; Options Portfolio celebrates four years of over-achievement; CBA withdraws from ABN Amrohttp://www.goodreturns.co.nz/article/976494360.html Weekly Wrap: Industry transmogrification- August 15, 2008 An on-going news theme this week has been changes to the shape and structure of the advisory industry. At the high level there has been more updates on the changes Good Returns first reported last week about how Parliament may regulate the industry.http://www.goodreturns.co.nz/article/976494359.html Broadbase narrows to three- August 14, 2008 Independent financial advisory firm Broadbase has shrunk dramatically to a core group of just six planners in three South Island offices.http://www.goodreturns.co.nz/article/976494354.html More cuts need to lift confidence: Macquarie- August 13, 2008 Macquarie says the cocktail of very weak growth mixed with deteriorating confidence in the finance company sector presents an extremely challenging environment for even the most robust financial institutions.http://www.goodreturns.co.nz/article/976494352.html Govt supports Commissioner of Financial Advisers- August 12, 2008 The government is backing the establishment of a Commissioner of Financial Advisers who will be a member of the Securities Commission, as suggested in a second interim report issued by the Select Committee considering two Bills to regulate financial advisors and institutions.http://www.goodreturns.co.nz/article/976494355.html ING complaints queuing up at Banking Ombudsman- August 12, 2008 The Office of the Banking Ombudsman's workload jumped almost 40% jump as at the end of June this year, largely due to complaints about ING's two frozen collateralised debt obligation (CDO) funds.http://www.goodreturns.co.nz/article/976494349.html Advisory groups growing- August 11, 2008 The financial advisory industry is rife with changes at the moment with at least three transactions this week and another rumoured.http://www.goodreturns.co.nz/article/976494347.html News Round Up- August 9, 2008 Saturn Portfolio acquires Rodney Financial Services; Tower ends insurance products accord with ANZ National; BT number one; Latest Financial Reporting review released; Kauri Notes positive.http://www.goodreturns.co.nz/article/976494340.html Luke warm response to new proposal- August 7, 2008 The latest set of proposals for financial adviser regulation has been greeted with a cool response from the Financial Advisers Associations of New Zealand (FAANZ).http://www.goodreturns.co.nz/article/976494341.html More tiers for advisers as committee redefines bill- August 6, 2008 A permanent financial adviser representative on the Securities Commision is one of the latest options to come out of moves to reform how the sector is regulated.http://www.goodreturns.co.nz/article/976494323.html |