Viewing entries tagged with 'Financial Markets Authority'

FMA launches consultation on KiwiSaver fees methodology

12 April 2017

The FMA is consulting on how those fees should be calculated and disclosed. Deadline for submissions is 5 May 2017. More>  

FMA Consultation released: Improving financial information in an equity PDS

12 April 2017

The FMA intends to issue guidance for equity issuers on how to disclose financial information in product disclosure statements (PDS) in a clear, concise and effective manner. It says the guidance will be used as a key reference point for its work and updated as necessary. More>  

FMA's Colmar Brunton research

5 April 2017

 FMA: The FMA commissioned Colmar Brunton to survey New Zealanders aged between 60 and 74 years, to find out their experiences of retirement and how information or advice has helped them manage their retirement savings.  More>

FMA seeks tighter disclosure of non-GAAP measures

29 March 2017

NBR: The Financial Markets Authority has proposed an update to its guidance for companies who use financial information that doesn't follow generally accepted international rules after a survey found three-quarters of them emphasised numbers that made profits look bigger. More>

No monitoring team, no plan for AFAs: FMA

17 March 2017

Goodreturns: The Financial Markets Authority has revealed it has no staff members specifically tasked with monitoring financial advisers, and no set plan of how to do so. More>

FMA criticised for compromising quality

10 March 2017 The Financial Markets Authority (FMA) is being accused of bowing to banks’ interests as it attempts to give more people access to KiwiSaver advice. More>

DTIs should be in RBNZ toolkit - IMF

8 March 2017

Goodreturns: Debt-to-income ratios (DTIs) and the redirection of tax incentives away from housing would help tackle the risks posed by New Zealand’s housing market, the IMF says. More>

Barriers removed to end KiwiSaver advice drought

8 March 2017 The FMA has released its updated guidance on sales and advice for KiwiSaver providers, which it hopes will give banks and other KiwiSaver providers the confidence to end a national KiwiSaver advice drought. More>

FMA warns 12 firms under AML law

10 February 2017

Press release: The Financial Markets Authority has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act. More>

FMA's new guide to good conduct

3 February 2017

The FMA has publised the final version of the guide into its view of conduct along with published submissions from the industry. More>