Bring in the Experts COVID19 Series
Webinars will be recorded and made available on this page (subject to speaker approval).
Wednesday 14 April – Economic Series – Part 3 – Economic Update on the Financial Markets
Sharon Zollner (ANZ), Andrew Bascand (Habour Asset) and Andrew Kelleher (JMI Wealth) join us as panelists for the webinar. They are financial experts and will be discussing the financial markets and what investing might look like in the future.
This webinar is offered FREE to Financial Advice Members and $50+gst for non-members (non-members please email email@example.com).
Andew Kelleher (JMI Wealth). Andrew has worked in the financial markets for over 30 years starting as a money market trader for ASB Bank Treasury in 1987. By 2000 he held the position of Senior Manager – Risk. He assisted with the development of ASB Securities and of financial services to financial intermediaries. Andrew also had responsibility for the ASB Bank Private Portfolio Service (the ASB high net worth investment service).
In 2004 he pursued an independent career, consulting to the ASB Group and other financial organisations but returned to ASB Securities to act as Managing Principal and Managing Director in 2006. He subsequently returned to his role as a consultant and contractor to the financial advisory sector. Andrew joined JMI Wealth as a shareholder and director in 2008.
Andrew is currently a director and shareholder of Investment Services Group Limited, the holding company that owns JMI Wealth and Select Wealth Limited. He chairs the Select Wealth Management Board of Directors and is chair of the Investment Management Governance Committee. In addition, he is fund manager of the Clarity Fixed Income Fund and manages a number of high-net worth private portfolios.
Andrew Bascand, Harbour Asset Management. Andrew has responsibility for all Australasian equity portfolios. Prior to joining Harbour Asset Management, Andrew spent 10 years with AllianceBernstein (NZ) as Senior Vice President and Portfolio Manager responsible for portfolio construction of all Australasian mandates. In that role Andrew and his team were consistently recognised by the industry for excellence in funds management. Andrew has more than 27 years investment management experience in roles with the Reserve Bank of New Zealand, Bank of England, AMP and with Merrill Lynch Global Asset Management (UK) as Managing Director of Global Equity Products. With Merrill Lynch, Andrew managed global equity accounts for pension funds in Japan, Sweden, Spain, Chile, England, the US, Germany and South Africa.
Sharon Zollner (ANZ Economist). Sharon joined the ANZ economics team in 2010 and became Chief Economist in late 2017. She started her career as a macroeconomist at the Reserve Bank of New Zealand in 1998, and has also worked at the central bank of Norway for two years, before moving to the New Zealand banking sector. Sharon holds a Master of Commerce from the University of Canterbury.
Sharon developed the ANZ Truckometer, an economic indicator based on traffic flow data, and writes the weekly ANZ Charts that Matter.
Wednesday 21 April – Economic Series – Part 4 – Update on the Insurance Markets
For our insurance specialists and financial advisers – we have a panel of insurance experts discussing the insurance sector and what we need to be aware of. Details of panelist below.
This webinar is offered FREE to Financial Advice Members and $50+gst for non-members (non-members please email firstname.lastname@example.org).
Richard Deakin, Corelogic. Richard is Head of Insurance Sales for CoreLogic NZ, having worked for the property information and analytics specialist for over 16 years. For the past 6 years, he has specialised in the insurance sector, helping CoreLogic develop products and services to answer the specific requirements of the sector, developing such tools as the widely used Cordell Sum Sure rebuild calculator and the recently released Cordell Commercial Estimator for helping the estimation of rebuild costs and indemnity values for most small to medium commercial property types. He is a regular media commentator and speaker on the changes and challenges facing the insurance sector.
more panelist coming soon
Wednesday 28th April – Financial Markets Authority Update – Start right – your first 90 days as a FAP
The new financial advice regime has launched – so how are you tracking? The FMA’s John Botica and Derek Grantham provide an overview of key steps for success in your first 90 days as a FAP. This update will allow advisers to get a better understanding of what the regulator is considering and what areas they have concerns about and where to from here.
This session will allow you to ask questions that may be on your mind or to seek further clarification. For all advisers this is a not to be missed session.
John Botica – Director of Market Engagement FMA
Derek Grantham – Principal Consultant of Market Engagement FMA
Wednesday 5th May – Privacy Law Requirements
The Office of the Privacy Commissioner will deliver a webinar on the new Privacy Act 2020. The new Act has affected all businesses and anybody who obtains personal details. The new Act has meant significant changes for businesses in New Zealand. In many instances, the Act highlighted how many businesses where already non-compliant with existing legislation and has bought the need to be compliant to the forefront.
This is a not to be missed webinar if you need to understand what your Privacy obligations are and if you need to update your legislative gap in your competencies.
The presenter is Vanya Vida Senior Policy Adviser – Office of the Privacy Commissioner.
Wednesday 12 May – New Trust Laws
This webinar will provide you with an overview of the new Trusts Act 2019 which took effect on 30 January 2021. This new Act was a significant overhaul of the current NZ Trust law system. The Act is designed to restate and clarify previous Trust law.
Most New Zealand Trusts are used to hold assets, and historically may not have always had a lot of involvement from Trustees. Trustees are now expected to manage their Trusts much more directly. There are increased obligations and responsibilities imposed by the Act.
This webinar will provide you with an overview of Trust Law changes and also ensure you have a better understanding of how the changes impact your clients.
Tom Mahony – Principal Mahony Horner. Tom has broad experience advising on a range of commercial, trust and property issues. Tom’s knowledge of the commercial world enables him to advise clients on their day to day business affairs, and ensure their personal legal arrangements are to their benefit.
This webinar is offered FREE to Financial Advice Members and $50+gst for non-members (non-members please email email@example.com).
Wednesday 2nd June – Governance – Disputes Resolution Schemes panel discussion
Join us and obtain greater knowledge as to what the Dispute Resolution Scheme (DRS) providers are considering for complaints against the financial services sector.
We have the heads of the Disputes scheme providers in NZ on our panel who are clearly experts in their field. The new regime has duties and obligations for both the financial advice provider and the financial adviser when advice is given. They will share insights into the DRS world and key issue or observations now that we are a new licensed regime.
This is an interactive session and you will be able to ask questions of the expert panel through the chatroom.
Susan Taylor, FSCL. Susan Taylor is the Chief Executive Officer of Financial Services Complaints Ltd. FSCL has over 7,000 financial service providers, including several thousand financial advisers, as scheme participants.
FSCL investigates complaints made by consumers against FSCL scheme participants. As CEO, Susan is the decision-maker on complaints, in the same way as an Ombudsman, and has the power to make binding decisions up to the sum of $200,000 where a complaint is upheld, and a direct financial loss has been suffered by the consumer.
Susan has more than 25 years’ experience in dispute resolution in the financial services industry and has presented at financial industry and consumer conferences both in New Zealand and overseas. Susan is a qualified lawyer and, prior to joining FSCL, was the Deputy Banking Ombudsman. Susan is also a public member of the Advertising Standards Appeal Board and a trustee of the Dame Malvina Major Foundation.
Karen Stevens, ISFO (image coming soon). Karen is the Insurance & Financial Services Ombudsman, appointed in May 1998. She graduated with BA and LLB degrees from VUW, and was admitted as a Barrister and Solicitor of the High Court of New Zealand in 1987.
Karen began her legal career as a civil litigation lawyer and moved into alternative dispute resolution, qualifying as an Associate of the Arbitrators’ and Mediators’ Institute of New Zealand, a Member of the Chartered Institute of Arbitrators (UK), a Fellow of the New Zealand Institute of Management, and a LEADR mediator. In 2009, Karen completed a Master of Laws degree from La Trobe University in Melbourne, majoring in conflict resolution.
Karen is a media commentator on insurance for radio, television and print media. She frequently speaks at national and international conferences, being a founding member of the Australian and New Zealand Ombudsman Association and the International Network of Financial Services Ombudsman Schemes, of which she is also the immediate past Chairperson.
Richard Binner (FairWay, New Zealand). Richard is General Manager Operations of FairWay, New Zealand. He has held a number of senior and executive management positions during his career. He has broad experience in developing and executing business strategies, together with leading client relationships, business development and service delivery functions.
At FairWay, Richard uses his experience to lead and inspire a dedicated and highly capable team of professionals. He encourages constant process and system improvements to help them excel in their roles and provide a great experience for FairWay’s customers.
Richard joined FairWay in November 2017 as General Manager: Business Development, having accountability for leading strategic business development and client relationship management for emerging opportunities within the business. In 2019 Richard became Chief Client Officer, with responsibility for providing strategic and people leadership of all client facing roles and for the effective delivery of all FairWay’s professional services.
As General Manager Operations, Richard works within the Senior Management Team to guide FairWay’s strategic priorities, together with having full operational responsibility for the day to day resourcing and delivery of all FairWay’s professional services.
CPD will automatically be applied to member’s accounts. If you are not a member and would like a Certificate of Attendance, please indicate on the webinar registration page.
(subject to speaker approval)
Webinar 60 – Wednesday 7 April – Economic Series – Part 2 – Update on the Property Markets
Designed for our mortgage advisers in mind – we had a panel of property experts discussing the extraordinary activity of the property market in these unprecedented times. Joined us as panelists were Nick Tuffley (ASB) and Nick Goodall (Corelogic).
Webinar 59 – Wednesday 31 March – Economic Series – Part 1 – Update on the New Zealand Economy
This is part 1 of the Economic series and we had Cameron Bagrie join us to provide an overview of the New Zealand economy. He spoke about the impact of the global environment, COVID, the housing market, the Reserve Bank policies, employment, interest rates and much more.
Webinar 58 – Wednesday 24th March – What you need to consider to stay protected in the new regime.
This webinar discussed how to understand your requirements for Professional Indemnity Insurance in the new regime. Who and what requires to have insurance.
The new regime which started on the 15th March has meant there is a significant change in the liability for those that provide regulated financial advice. From the start of the new regime anyone who provides advice to retail clients must hold a Financial Advice Provider licence or provide regulated financial advice under another Financial Advice Provider licence.
FAPs will be held responsible for their own conduct as well as the conduct of their engaged financial advisers, nominated representatives and authorised bodies under their licence.
Webinar 57 – Wednesday 17th March – How to engage a Financial Adviser to a FAP on the new Financial Service Providers Register
This webinar was presented by the Companies Office demonstrating step by step, how a Financial Advice Provider (FAP) and an Authorised Body (non-licensed FAP) can link advisers on the Financial Service Providers Register (FSPR).
Webinar 56 – Wednesday 10th March 2021 – Ready, set, GO! Practical knowledge for the new regime – Financial Adviser Panel on how they prepared for the duties and obligations in the new regime
This is a session was a panel discussion. We had experienced panel of financial advisers discuss how they prepared their advice businesses for the new regime. How they identified the gaps from their current advice business models to meet the duties and obligations of the new regime. How many changes were required and how they implemented these changes.
Webinar 55 – Wednesday 3rd March 2021 – Ready, set, GO! Practical knowledge for the new regime – Disclosure Requirements
This webinar showed you how to step through to the new requirements for disclosure with practical examples of how to incorporate disclosure into your business (FAP) and advice process.
Webinar 54 – Wednesday 24th February 2021 – Ready, set, GO! Practical knowledge for the new regime – Duties and obligations
This webinar was a combined session on the following duties and obligations.
Your duties under 431M,431N,431O,431P, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
Webinar 53 – Wednesday 17th February 2021 – Ready, set, GO! Practical knowledge for the new regime – Standards of care, diligence and skill
This webinar will show you how to meet the standards of care, diligence and skill. Your duties under FMC Act Section 431L, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
Webinar 52 – Wednesday 10th February 2021 – Ready, set, GO! Practical knowledge for the new regime – Understand the nature and scope of advice
This webinar showed you how to ensure clients understand the nature and scope of advice.
Your duties under FMC Act Section 431J, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
Webinar 51 – Wednesday 3rd February 2021 – Ready, set, GO! Practical knowledge for the new regime – Competence, knowledge and skill
This webinar will showed you how to meet the standards of competence, knowledge and skill.
Your duties under FMC Act Section 431I, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
Webinar 50 – Wednesday 27th January 2021 – Ready, set, GO! Practical knowledge for the new regime – Priority to client’s interest
This webinar showed you how to demonstrate that you give priority to client’s interest. Your duties under FMC Act Section 431K, including the relevant standards under the Code of Professional Conduct for Financial Advice Service, and regulations under the Act. How to evidence you are meeting this duty.
Webinar 49 – Wednesday 25th November – How to save and get the most of Xero
We had Gracie Miles from Xero join us to talk about how to get the best results out of the Xero platform for your business.
Webinar 48 – Wednesday 18th November – An update on professional indemnity insurance and the market
We had Clinton Stanger Director of Curated Risk Limited facilitate our panel discussion on Professional Indemnity and Liability Insurance. Our Panelists were Craig Kirk, CEO of Delta Insurance NZ and Dean Edwards, Head of Broker at ANDO Insurance. Liability Insurance Webinar
Launch of FMA’s introductory guide to Full License Requirements
We had John Botica, Derek Grantham and other key members of the FMA licensing and supervision teams shared an overview of what you can expect from the Full Licensing Application process when it opens on 15 March 2021.
Webinar 47 – Wednesday 11th November – Navigating commercial contracts in the new Regime
Are you preparing contracts that are suitable for FMCA Licensing requirements?
FAP’s, authorised bodies, financial advisers, nominated representatives, contractors and your staff may all be impacted from 15 March 2021. We had Simon Papa and Judy Zhou join us to present on where to start and what you need to know about legal agreements and how to draft and negotiate them.
Webinar 46 – Wednesday 28st October 9am –Economist Cameron Bagrie
We had independent economist Cameron Bagrie join us to look at the issues that will need to be tackled, the opportunities that will arise, and the delicate balancing act the Government will need to perform to guide New Zealand through the next months and years as the world continues to battle the pandemic and its consequences.
Webinar 45 – Wednesday 21st October 10am –An update on the Australian economy and asset markets
In this webinar we had Matt discuss his views on the Australian economy and asset markets relative to its peers, and how to build a portfolio in today’s challenging investment terrain which can simultaneously solve sequencing and longevity risk. Matt will also discuss the evolution underway in portfolio construction which can help advisers achieve better risk-controlled outcomes for their clients
Webinar 44 – Wednesday 14th October 10am –2020 Election Economic Debate
We had Hon. David Parker MP for Labour and Hon. Paul Goldsmith MP for National join our webinar to discuss their key economic policies for the 2020 General Election.
This debate will allow you to obtain an understanding of the differences between the two major political parties economic policies and obtain a greater understanding of the why of the policies.
Webinar 43 – Wednesday 7th October – Changing times in the workplace– what does flexible working hours, days of work and location of work look like in the new world?
We are pleased to have Kay Chapman from Chapman Employment Relations join us to discuss the new workplace and how to navigate the changes and challenges in the new world. This webinar discussed the changing workplace requirements as we move in and out of COVID-19 Alert Levels and the Employment Relations Act 2000. There is no doubt COVID has changed the way we work and where we are located when we perform our duties but what does the future look like for the workplace and what are the legal obligations which need to be considered.
Webinar 42 – Wednesday 30th September – Unlocking the Code in the New Financial Advice Regime Part 2
We had the second series of webinars “Unlocking the New Financial Advice Regime”. This series is designed for financial advisers who provide financial advice to retail clients to ensure they understand their obligations under Section 431M of the FMC Act to comply with the Code of Professional Conduct. If you are a financial adviser you need to understand the new requirements and be able to show you abide by the duties in the legislation.
We will explore the duties and standards which financial advisers need to adhere to ensuring they are complaint with the new legislation.
We had Susan Taylor CEO of the Financial Services Complaints Limited discussing specific duties and standards and exploring case studies and the learnings from these case studies to ensure better outcomes can be obtained.
Webinar 41 – Panel Discussion: Obtaining or Updating your Level 5 Qualification in Financial Services
In this webinar, we discussed how to obtain or update your New Zealand Certificate in Financial Services (Level 5, Version 2). If you are unsure as to what is involved, what you will learn or whether you need to update your current qualification to version 2 then this is a not to be missed webinar.
Powerpoint presentation is currently not available
Webinar 40 – Unlocking the Code in the New Financial Advice Regime Part 1
This had our first series of “Unlocking the New Financial Advice Regime”. This series is designed for financial advisers who provide financial advice to retail clients to ensure they understand their obligations under Section 431M of the FMC Act to comply with the Code of Professional Conduct. If you are a financial adviser you need to understand the new requirements and be able to show you abide by the duties in the legislation.
We had Karen Stevens the Insurance & Financial Services Ombudsman of IFSO discussing Standard 1, Standard 3, and standard 4. This discussion will be supported by exploring case studies and the learnings from these case studies to ensure a better understanding of how to comply in the new regime.
This webinar will explore:
Standard 1 – Treat Clients fairly,
Standard 3 – Give advice which is suitable and
Standard 4 – Ensure that the client understands the financial advice.
Karen Stevens has a background in law and alternative dispute resolution, Karen was appointed as the Insurance & Financial Services Ombudsman in 1998. She is a qualified arbitrator and mediator, with her most recent qualification being a Masters in law from LaTrobe University in Melbourne, majoring in conflict resolution.
Webinar 39 – Presenting State of the Investor Nation report
We had Rhiannon McKinnon from Kiwi Wealth talk about the “State of the Investor Nation report which provides a comprehensive understanding of Kiwis’ perceptions of their own wealth and confidence.
The report uniquely provides a snapshot of the wealth and wealth aspirations of Kiwis immediately prior to the pandemic and then again as New Zealand opened for business at Alert Level 1.
Rhiannon leads the Kiwi Wealth Strategy and Partnerships function which covers a broad remit of activities outside of business as usual, such as any potential mergers and acquisition work and the development of new business models and partnerships to compete in a digital world.
Webinar 38 – Economic Update by Economist Tony Alexander
We had Economist Tony Alexander bring us an update on the economy and what we can expect in the future. These are certainly unique times and the recession we have just incurred is by no means normal. The webinar covered:
- – update on the property market – who is purchasing, who is not and why and the impact of bank restrictions
- – impact on having our borders closed
- – how our economy has been insulated through low interest rates, government assistance, the profile of those unemployed
- – migration numbers and what is really happening
- – how your business model needs to be ready to survive a lock down at anytime
- – the end of COVID-19 alert levels and what it will look like
Webinar 37 – Update on the Privacy Act – Dentons Kensington Swan
On 1 December 2020, the Privacy Act 2020 will come into force, repealing and replacing the Privacy Act 1993. The world has changed a lot since the 1993 Act was passed, with more and more organisations – including those operating in the financial advice industry – making the move to an online presence. In doing so, these organisations are collecting more and more personal information about their customers, which information is faced with an ever-growing list of threats of misuse and unauthorised access. We had Campbell Featherstone and David Ireland from Dentons Kensington Swan join us to talk about the new Privacy Act 2020.
Webinar 36 – Money Week – Investment discussion with Paul Sewell
We had Paul Sewell Join us on this webinar where he gave a highlight on the different investment options which are available for you.
Paul Sewell, is an Authorised Financial Adviser and a Certified Financial PlannerCM . He is Director and shareholder of Financial Advice Hawkes Bay Ltd based in his home town of Napier. His financial services career began in New Zealand in banking. He then practiced as a Financial Adviser whilst living in the United Kingdom. On returning to New Zealand, he continued as a Financial Adviser based in Wellington and gained extensive experience in Financial Planning. He was a regular presenter to Financial Advisers at conferences and professional development days on financial planning matters.
Want financial freedom when you are ready to retire. This webinar is about gaining the knowledge you require to ensure you can enjoy your retirement. It is never too late to have this conversation and to action a plan for your financial security in your action packed retirement. Join now for this webinar.
Liz Koh is an Authorised Financial Adviser, Certified Financial Planner and Chartered Accountant and has spent the last twenty years providing advice to New Zealanders of all ages through her company Moneymax. Liz is passionate about ensuring that New Zealanders have access to good financial advice. She has written many articles for newspapers, magazines and websites, and has published a best selling book—Your Money Personality: Unlock the Secret to a Rich and Happy Life, Awa Press, 2008. Recently, Liz sold her business to establish a website dedicated to providing information on retirement planning.
Webinar 34 – Money Week – Insurance discussion with Peter Leitch
We had Peter Leitch join our webinar to help answer questions you may have and give more information on the types of personal insurance cover that are available. What is insurance? Do you really need it? Insurance may be health, life, trauma or disability insurance.
Peter Leitch of SHARE has been assisting clients since 1994 and empowers clients to grow and protect their wealth. With over 25 years experience in the sector he understands insurance and the importance of having the right protection in place. Peter is based in Wellington, is a board member of the New Zealand financial services company SHARE, and was recognised by Financial Advice New Zealand in 2019 as the Outstanding Adviser Award – Insurance.
Webinar 33 – Money Week – Mortgage discussion with John Bolton
We had John Bolton join us on this webinar to give tips on how you can be mortgage free quicker than you think.
Back in 2007, Squirrel’s founder John Bolton realised that New Zealand house hunters needed help. As we all know, if you want something done right, you have to do it yourself. He’d done his time as the big cheese in the bank world and had become disenchanted with the corporate ways of doing things, so he set out to start his own mortgage broking business. That’s how Squirrel was born.
Webinar 32 – Money Week Webinar – Financial Planning with Hannah McQueen
We had Hannah McQueen join us on this webinar to give you insights on how to make financial goals and how to achieve them.
Hannah McQueen is a financial force of nature. She’s a Chartered Accountant Fellow, an Authorised Financial Advisor, has her Masters in Tax and is the author of three personal finance books. She’s helped thousands of Kiwis get ahead, get mortgage-free fast and prepare for retirement though enableMe – Financial Personal Trainers.
Webinar 31 – Non Bank lenders talking about different market requirements and products which are available
Due to popular demand, we had our non-bank lenders join us to discuss the lending solutions which are available to a financial adviser in the non-bank lending sector. The webinar discussed the changing consumer needs in these unique times and the different market solutions which are available.
Resimac – Luke Jackson, Head of NZ
Liberty – Matt Nauer, Group Sales Manager
Peppermoney – Michelle Sargeant, National Sales Manager
Avanti Finance – Stephen Massey, Head of Sales & Channel – Consumer
Bluestone – Sue Griffins, Head of Sales NZ
John Bolton facilitated the discussion.
This webinar was not recorded
Webinar 30 – Update from ACC
We had Ann Hodgson the Business Customer Solutions Partner from ACC join us to discuss the changes ACC have put in place to assist individuals and businesses. This webinar will leave you better informed as to the options which are available to you and your clients if there are cash flow concerns. It will increase your knowledge of the different levers that can be used to enable cash flow to be managed more effectively.
Webinar 29 – Consultation discussion on Trusted Adviser Financial Advice NZ
Katrina Shanks and Sue Brown joined us to discuss the Trusted Adviser Financial Advice NZ mark and its criteria.
Webinar 28 – Disclosure Requirements with MBIE
We are had Sharon Corbett and Rose Wang from MBIE join us in a webinar to discuss the new disclosure requirements for financial advisers.
MBIE has announced that 15 March 2021 is the start for the new financial advice regime. We are pleased to finally have certainty on both the date of commencement of the new regime, and the disclosure requirements of the new regime. We appreciate these disclosure requirements are an important aspect of the new financial regime and how you as financial advisers need to operate. With just under nine months until the new regime begins, we know there is lots to work through, to understand and to implement.
Webinar 27 – Economist Cameron Bagrie
We had Cameron Bagrie join us to talk about the economy: then and post COVID-19 with a view on the financial services sector.
Cameron has been an economist for 20 years. For over 11 years he was the Chief Economist at ANZ, heading a team that was consistently ranked No. 1 for its analysis of the New Zealand economy. He has a reputation for taking a forthright stand on even the hardest of economic issues. He’s worked as an economist at the National Bank, Treasury and Statistics New Zealand. His approach to economics is pragmatic and non-ideological.
There is no presentation available for the webinar
Webinar 26 – Marsh/Financial Advice New Zealand Liability Insurance Programme
We had Marijke Von Molendorff from Marsh join us to discuss the Liability Programme and provided claims examples give us a better understanding on the levels of cover you should be considering to protect yourself and your business. We recognise there is a need for a new Liability Programme to meet the requirements of the Financial Service Legislation Amendment Act 2019 (FSLAA) and the inclusion of Financial Advice Providers. We will be providing members of this scheme an option to obtain FAP cover which will be required for every FAP which provides regulated financial advice once the legislation is enacted. This will be explored further in the webinar.
This webinar was not recorded. If you have any questions in regards to PI cover you can email Marijke on firstname.lastname@example.org
Webinar 25 – Full Licensing Conditions. An update from FMA
We did another webinar with FMA on the full licensing conditions. With the release of the FMA consultation documentation. FMA’s John Botica gave our members the first look at the proposed conditions. The full regime will come into effect two years after the Financial Services Legislation Amendment Act is enacted early next year. Financial Advice NZ supports a system that offers licences that fit the scale, size and different financial advice that businesses provide, be they for a single-adviser business, a multiple adviser business, or something more complex, such as a licensed FAP engaging multiple advisers as well as having nominated representatives. Click below to listen or view the webinar
Webinar 24 – Full Licensing Conditions. An update from FMA
With the release of the FMA consultation documentation today. FMA’s John Botica gave our members the first look at the proposed conditions. The full regime will come into effect two years after the Financial Services Legislation Amendment Act is enacted early next year. Financial Advice NZ supports a system that offers licences that fit the scale, size and different financial advice that businesses provide, be they for a single-adviser business, a multiple adviser business, or something more complex, such as a licensed FAP engaging multiple advisers as well as having nominated representatives. Click below to listen or view the webinar
Webinar 23 – Bringing back our Financial Advisers to discuss life after lockdown
When we first started the Bring in the Experts webinars, we had a panel of four experienced business owners from within our membership to discuss how to manage your business during COVID-19. Due to popular demand we had them back on the 3rd of June to discuss what business challenges they faced during Alerts Level 3 & 4, what their business looks like now and what the next 3-6 months will look like for them. Our panel provide mortgage, insurance and financial planning and investment advice so this webinar will provide you with a range of views on navigating a pathway forward in your business. This webinar is the opportunity to listen to these panel members, to talk about how their businesses have responded and how they are preparing for an unknown few months ahead.
On the panel we had:
John Bolton – Squirrel (mortgage)
Dean Logan – Logan, Smythe and Associates (insurance)
Tim Fairbrother – Rival Wealth (investment & financial planning)
Tony Vidler – Strictly Business Limited (business adviser)
Webinar 22 – Reserve Bank Deputy Governor & GM of Financial Stability – Geoff Bascand
On the 28th of May we were delighted to be joined by Geoff Bascand, Deputy Governor and General Manager of Financial Stability for the Reserve Bank of New Zealand. On the 27th of May the Reserve Bank released the first Financial Stability Report of the year. The Deputy Governor presented an assessment of the soundness and efficiency of the New Zealand financial system, and the risks and challenges it is currently facing.
Commentary on the 27th of May focused on how unemployment could be at 18%, house prices have the ability to fall substantially and the viability of banks and insurance companies if the coronavirus prompted a further period of economic lockdown. The Reserve Bank stated that even accounting for an expected recovery in the second half of the year, the projected annual change in GDP — from about 2 per cent growth before the crisis to an 8 per cent drop afterwards — would be the largest in at least 160 years. In addition to this some life insurers have also been operating with low solvency buffers, while other insurers have experienced investment losses and/or rising credit insurance claims.
Webinar 21 – Consumer Borrowing and COVID-19 – How are Kiwi households weathering the crisis
On the 27th of May we hosted a panel of consumer borrowing experts to discuss the Government relief packages alongside the Credit Contracts and Consumer Finance Act, and how both impact your personal and business clients.
Our team of experts included:
Liz Lim – Partner Dentons Kensington Swan – Liz is a partner in the Banking and Finance group. She has more than 15 years’ New Zealand and international experience acting for borrowers, lenders, originators and trustees.
Jon Duffy – CEO Consumer New Zealand – Jon is the new CEO if Consumer New Zealand. He has more than 20 years’ experience working in the consumer field.
Cushla Scholfield – Acting Associate General Counsel (Retail and Business Banking) ANZ Bank. Cushla is an experienced senior lawyer with a demonstrated history of working in the banking industry, skilled in consumer credit law and plain language drafting
The speakers gave a big picture view of where we’re at with the consumer credit law reform package, options available in terms of Government relief packages and the perspective of both the consumer/small business and the retail bank when considering the financial implications of taking up these options.
Webinar 20: Keeping your employees, your clients and your business safe during COVID-19 Level 2
On the 21st of May Jo-Ann Pugh the Worksafe Head of General Inspectorate Operations joined us to discuss the Health and Safety requirements for financial advice businesses during COVID-19. These are rapidly changing times and it is important we all work together to reduce the spread of COVID-19.
Webinar 19: International Economist Clarence Wong – Global Economic Impacts of COVID-19 and reinsurance
On the 20th of May Economist Clarence Wong from Hong Kong discussed the global impacts of COVID-19. Clarence is the SRI Research & Chief Economist at Swiss Re, and will discussed the global economic market and the reinsurance challenges and their associated global insurance companies.
Clarence leads a team of researchers based in Hong Kong, Beijing and Bangalore to provide Swiss Re and other stakeholders with economic and insurance insights, as well as research on the emerging risk landscape in Asia. At the same time, his team contributes to Swiss Re’s ‘sigma’, the regular insurance industry report considered a “must-read” for anyone interested in the sector.
Webinar 18: Minister Kris Faafoi
On the 19th of May Commerce and Consumer Affairs Minister Kris Faafoi spoke to Financial Advice New Zealand members.
As members will know, he’s the minister behind the Financial Services Legislation Amendment Act (FSLAA) and the Financial Markets (Conduct of Institutions) Amendment Bill (CoFI), which is before a select committee. Once the COVID-19 restrictions hit he agreed to extend the transitional licensing application window part of FSLAA to early next year (most likely March), with the new Code of Professional Conduct for Financial Advice Services to come into force at the same time.
Webinar 17: 2020 Post Budget Briefing – Tony Alexander
On the 15th of May Tony Alexander presented a post-budget briefing to discuss the budget and how it affects our economy. The Budget takes place against the backdrop of the global outbreak of COVID-19. If you are interested in how the budget will help to re-boot and stimulate the economy and the future direction of the country this is a not to be missed webinar.
Webinar 16: Health Industry Experts view on COVID-19
On the 13th of May we were delighted to host a panel of Health Industry Experts who provided insights into the impacts of COVID-19 on the health industry, what the future looks like, and the insurance implications.
Our experts included:
- Andries van Graan – Partners Life
- Kerry Boielle – Southern Cross Health Society
- Len Elikhis – AIA
- Chris Carnall – NIB
Webinar 15: Mint Asset Management – Anthony Halls
The Economy: Rebuilding the Plane While It’s In The Air
On the 6th of May Anthony Halls, Head of Investments for Mint Asset Management, explored the economic landscape from the markets perspective and presented on how Mint’s portfolios have weathered the COVID-19 storm. Anthony is a clear, concise and easy to follow presenter who will leave you with a perspective which you will easily be able to share with your clients.
Anthony has over 30 years’ experience in the financial sector. Before joining Mint, Anthony was the manager of the Investment Analysis team at the New Zealand Superannuation Fund. During his five years at the New Zealand Superannuation Fund, Anthony was involved in the development and execution of a range of investments and developed the strategy to manage the in-house New Zealand equities portfolio. Prior to this Anthony was Portfolio Manager (New Zealand Equities) at BT Funds Management Ltd and a member of the Investment Committee.
Webinar 14: Six Non-Bank Lenders and their responses to COVID-19
On the 5th of May we were excited to be joined by a panel of Non-Bank Lending leaders where they discussed their businesses responses to COVID-19, the challenges that New Zealand are facing in a post COVID-19 world and how we can thrive in the new normal. Our panel included:
- Resimac – Luke Jackson
- Avanti – Stephen Massey
- Southern Cross Finance – Cliff Carr
- Pepper Money – Michelle Sargeant
- First Mortgage Trust – Bruce Smith
- Bluestone -Peter Wood
Webinar 13: Keith Abraham WHAT’S NEXT! … Reconnect With What You Want to Achieve Moving Forward!
On the 1st of May Keith Abraham presented practical strategies to reinvigorate your business. This was an interactive and insightful follow up business seminar to Keith Abraham’s successful “WHAT NOW – How to Reset and Refocus Your Business to Rebound Faster!” webinar which was broadcast on 16th April 2020.
Here is a snapshot of the content he presented:
Evolving – In changing challenging times it is critical that as a Business Leader you are one step ahead of developing your talent and knowledge to keep ahead of the curve. Discuss the 3 x 3 x 3 x 3 Formula for Controlling the Uncontrollable in Your Business Right Now.
Engaging – How to create a strong connection with your Clients that maintains a high level of engagement, enthusiasm and energy for the work you for them. – Review 5 Strategies you can do now to connect with your Clients in order to build your authority and personal profile.
Expand – We will look beyond the challenges and identify the opportunities that exist to expand our brand and profile in the hearts and minds of our Customers. Understanding the 4 strategies you need to do if you are going to be significantly successful at the end of this crisis.
Webinar 12: Dentons Kensington Swan – the COVID-19 business legal issues round-up
Click here to listen to the webinar (please note the audio does not start until 8 minutes 42 seconds)
Webinar 11: Companies Office – FSPR Technical session
On April 23rd the Companies Office provided an overview of how to access the FSP Register to begin your transitional licensing process. For those financial advisers who are continuing the application process and would like an overview of the process this is a technical session which will assist you.
As mentioned in the webinar, below is a link the Companies Office presentation and FAQ’s that include a lot of the answers from the webinar, as well as the links to the relevant sections of the Companies Office, FSPR or FMA.
Listen to the webinar below (please note audio does not start until 5 minutes 59 seconds)
Webinar 10: Cameron Bagrie – Economist
On April 22nd Cameron Bagrie provided an analysis of the economy now and post COVID-19 with a view on the financial services sector. Cameron has been an economist for 20 years. For over 11 years he was the Chief Economist at ANZ, heading a team that was consistently ranked No. 1 for its analysis of the New Zealand economy. He has a reputation for taking a forthright stand on even the hardest of economic issues. He’s worked as an economist at the National Bank, Treasury and Statistics New Zealand. His approach to economics is pragmatic and non-ideological.
Listen to the webinar below (please note audio does not start until 5 minutes 58 seconds)
Webinar 9: What Now – How to Review, Respond and Refocus in Your Role with Keith Abraham
The feedback we received from attendees to date has been fantastic. It seems we all enjoyed the opportunity to step back and take the challenge to review how we look at things over the next 30 days and beyond. Keith is a well known professional speaker in the financial services sector, he passionately discussed how to respond to COVID-19 and refocus your role for the future.
Listen to the webinar below (please note audio does not start until 3 minutes 16 seconds)
Webinar 8: Panel of five Life Insurance Providers
On April 15th a panel of five Life Insurance companies provided an overview of their responses to COVID-19. The panel consisted of: Fidelity Life – Nadine Tereora, Partners Life – Naomi Ballantyne, Asteron Life New Zealand– Graham Hill, Cigna – Jax Mitchell, AIA – Len Elikhis. As a financial adviser, listening to this recording will increase your overall knowledge of the five insurance providers’ COVID-19 responses and how to apply these initiatives to your clients’ financial position. (Please note this recording starts five minutes into the webinar, please accept our apologies)
Webinar 7: AML in the COVID-19 environment with Brandt Botha from the FMA.
This webinar was not recorded. Brandt & Sean Condon discussed how to stay compliant during COVID-19 and the compliance expectations after COVID-19. In addition to this he provided some findings from other reporting entities.
Webinar 6: Mortgage Market with Core Logic’s Nick Goodalls
On April 8th Core Logic’s Nick Goodalls provided an update on the New Zealand Property Market and what the indicators are showing for now and the future.
Webinar 5: How to access business assistance for you and/or your clients – IRD
On April 3rd, IRD Business Transformation Manager Rata Kamau presented on the government’s COVID-19 response which is reflected in new legislative, regulative and policy changes that impact on SMEs. This webinar included:
– Business Finance Guarantee Scheme
– Wage Subsidy Scheme
– Mortgage/Loan Holiday
– Tax Changes
– The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill
– and much more
Webinar 4: Business Management during COVID-19
On April 2nd, the Financial Advice CEO joined four experienced business owners from within the membership to discuss how to manage business in this rapidly changing environment of COVID-19; what levers you have to assist with business sustainability, communicating with clients etc.
On the panel were John Bolton – Squirrel (mortgage), Dean Logan – Logan, Smythe and Associates (insurance), Tim Fairbrother – Rival Wealth (investment & financial planning), Tony Vidler – Strictly Business Limited (business adviser) and Katrina Shanks – Financial Advice NZ
Webinar 3: Investment market with AMP Capital’s Greg Fleming
On April 1st, Greg Fleming, Head of Investment Strategy, AMP Capital New Zealand joined the Bring in the Experts Webinar series to discuss Capital versus COVID-19: Investment assets confront their toughest opponent in decades. Greg discussed investment strategies in a market rocked by this Black Swan event.
Webinar 2: Bank Representatives on hardship & mortgage holidays
This webinar was not recorded. TSB, Westpac & BNZ outlined their approach to mortgage holidays and hardship.
Webinar 1: Economist Tony Alexander
On March 25th, one of New Zealand’s most experienced economists, Tony Alexander talked to 300 Financial Advice NZ members and associates on his view of the shock hitting our economy due to COVID-19. Despite the negative outlook for the economy, Tony’s message is clear – he is not expecting the normal outcomes usually associated with such a hit to the economy.
Listen to Tony Alexander’s 20min overview for Financial Advice Members , followed by 30min of questions here: