remuneration

1. 10 June 2026

   Access to financial advice: the FMA has questions for everyone except itself

   The FMA's access to advice report gets one important thing right. But a report that urges banks deeper into advice without acknowledging the risks, and that critiques sector conservatism without any a…

2. 9 May 2025

   My submission relating to the FMA’s access to advice review

   I recently made a submission to the FMA's access to advice review. The Financial Markets Conduct Act 2013 isn't just about regulating advice — it also includes a purpose to ensure the availability of…

3. 18 May 2023

   Articles I never published

   I'm taking a break from publishing on this blog — it might be permanent, I'm not sure. Before signing off, I thought I'd share some articles I wish I'd published: exit interview thoughts on Fairhaven…

4. 25 February 2022

   When Consumer is anti-consumer

   Consumer NZ is paving a road to hell with good intentions in the way it talks about personal insurance, and especially personal insurance advice. I'm a paying member and a fan — which is why it's so f…

5. 11 March 2018

   The absurdity of asset-based fees

   Most investment advisers in New Zealand charge asset-based fees — a percentage of your portfolio. On $1 million, that's typically around $9,000 a year, every year, with no obvious link to the work bei…