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MIL-OSI New Zealand: KiwiSaver Risk Quiz highlights key messages for investors

By   /  September 12, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Economy, English, Finance, Financial Markets Authority, Investment, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Resource Exploitation, Resource Exploration, Trade  /  Comments Off on MIL-OSI New Zealand: KiwiSaver Risk Quiz highlights key messages for investors

Source: Financial Markets Authority Media releaseMR No. 2018 – 3712 September 2018 People who took the FMA’s KiwiSaver Risk Quiz understood the importance of keeping contributing through any investment downturn, but the results highlight some key areas where more work to help investors is needed.   More than 11,000 people have taken the quiz which […]

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MIL-OSI New Zealand: Preparing for investment storms

By   /  September 6, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Economy, English, Finance, Financial Markets Authority, Investment, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Weather  /  Comments Off on MIL-OSI New Zealand: Preparing for investment storms

Source: Financial Markets Authority Media release MR No. 2018 – 356 September 2018  KiwiSaver members can prepare for investment storms by being in the right type of fund and continuing to contribute through any downturn. As part of the Sorted Money Week 2018 ‘Weathering the storm’ the Financial Markets Authority (FMA) is focussing on helping […]

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MIL-OSI New Zealand: Helping KiwiSaver members weather investment storms

By   /  August 29, 2018  /  24-7, Asia Pacific, Asia Pacific Region, Economy, English, Finance, Financial Markets Authority, Investment, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Resource Exploitation, Resource Exploration, Weather  /  Comments Off on MIL-OSI New Zealand: Helping KiwiSaver members weather investment storms

Source: Financial Markets Authority Media release MR No. 2018 – 3429 August 2018 Markets go down as well as up and good times don’t last forever. In preparation for Sorted Money Week 2018 the Financial Markets Authority (FMA) is launching an online quiz to help younger KiwiSaver members understand how to react when investments rise and […]

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MIL-OSI New Zealand: KS members say dollar fee information is useful

By   /  August 16, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Business, Commerce, Economy, English, Finance, Financial Markets Authority, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Resource Exploitation, Resource Exploration  /  Comments Off on MIL-OSI New Zealand: KS members say dollar fee information is useful

Source: Financial Markets Authority Media release MR No. 2018 – 3316 August 2018 The vast majority (86%) of KiwiSaver members who saw their fees in dollar amounts in their annual statements this year rated the information as “quite or very useful”, an FMA survey has found. Members rated their current balance as the most useful […]

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MIL-OSI New Zealand: Decision in the case stated procedure between FMA and the administrators of CBL Corporation Limited

By   /  August 14, 2018  /  24-7, Asia Pacific, Asia Pacific Region, Economy, English, Finance, Financial Markets Authority, Justice, law, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel  /  Comments Off on MIL-OSI New Zealand: Decision in the case stated procedure between FMA and the administrators of CBL Corporation Limited

Source: Financial Markets Authority Media releaseMR No. 2018 – 3214 August 2018  The High Court has found that an issuer’s continuous disclosure obligations do not apply during administration. The judge stated in his decision “that the disclosure / reporting obligations of an issuer in voluntary administration are contained within Part 15A of the Companies Act […]

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MIL-OSI New Zealand: FMA sets out its work plan for the year ahead

By   /  August 9, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Business, Commerce, Culture, Economy, English, Finance, Financial Markets Authority, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel  /  Comments Off on MIL-OSI New Zealand: FMA sets out its work plan for the year ahead

Source: Financial Markets Authority Media releaseMR No. 2018 – 319 August 2018  The FMA has released its annual corporate plan as the conduct and culture of New Zealand’s financial services industry comes under greater scrutiny.   The plan sets out the work the FMA intends to undertake in the year ahead. The FMA can and […]

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MIL-OSI New Zealand: Customers not the focus of replacement business at large insurers

By   /  July 18, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Banking and Finance, Business, Commerce, Culture, Economy, English, Finance, Financial Markets Authority, Health, law, Legal, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Police, Resource Exploitation, Resource Exploration  /  Comments Off on MIL-OSI New Zealand: Customers not the focus of replacement business at large insurers

Source: Financial Markets Authority Media releaseMR No. 2018 – 3018 July 2018  The Financial Markets Authority (FMA) is considering regulatory action against three large financial institutions or qualifying financial entities (QFEs) following a review of insurance replacement business practices. The inherent risks of conflicts of interest involved in selling financial products are heightened when vertically […]

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MIL-OSI New Zealand: CBL investigation update

By   /  July 13, 2018  /  24-7, Asia Pacific, Asia Pacific Region, Economy, English, Finance, Financial Markets Authority, law, Legal, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Resource Exploitation, Resource Exploration, Trade, United States of America  /  Comments Off on MIL-OSI New Zealand: CBL investigation update

Source: Financial Markets Authority Media release MR No. 2018 – 2913 July 2018  The FMA investigation into the conduct of CBL Corporation Limited (“CBL”) and its directors is ongoing. Due to investor interest in these matters an update on the investigation is appropriate at this time. The FMA has completed a preliminary assessment of the […]

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MIL-OSI New Zealand: Investors show mixed levels of understanding while confidence in financial markets remains stable

By   /  July 12, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Australia, Banking, Banking and Finance, Culture, Economy, English, Finance, Financial Markets Authority, Investment, Media Intelligence, MIL OSI, New Zealand, New Zealand Government - Public Service, Open Source Intel, Trade  /  Comments Off on MIL-OSI New Zealand: Investors show mixed levels of understanding while confidence in financial markets remains stable

Source: Financial Markets Authority Media release MR No. 2018 – 2812 July 2018  Confidence in New Zealand’s financial markets has remained stable since 2017, despite uncertainty around a potential trade war, volatile global markets and a focus on the culture and conduct of major financial institutions in Australia and New Zealand. The Financial Markets Authority […]

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MIL-OSI New Zealand: Individual falsely holding himself out as financial adviser sentenced to Community Work and Community Detention

By   /  July 5, 2018  /  24-7, Aid, Asia Pacific, Asia Pacific Region, Business, Christchurch, Commerce, Crime, Economy, English, Exploration, Finance, Financial Markets Authority, Justice, law, Legal, Media Intelligence, MIL OSI, Mining, New Zealand, New Zealand Government - Public Service, Open Source Intel, Queenstown, Resource Exploitation, Resource Exploration, Trade  /  Comments Off on MIL-OSI New Zealand: Individual falsely holding himself out as financial adviser sentenced to Community Work and Community Detention

Source: Financial Markets Authority Media release MR No. 2018 – 275 July 2018  Garry James Patterson has been sentenced to 200 hours’ community work and 3 months’ community detention at the Christchurch District Court after pleading guilty to two charges brought by the Financial Markets Authority (FMA). Mr Patterson, 63, who is originally from Queenstown […]

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