In Memory of a Friend.....

Now and again, in a well-travelled and diverse life, I’ve been lucky enough to meet some unforgettable and unique individuals who have left a totally indelible impression.

No-one more so than David Minton Anderson.

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David Whyte
Pain from Hayne....Again and Again

As the proceedings of the Royal Commission of Inquiry into Misconduct in the Financial Services Industry approach the final stages in Australia and an Interim Report has been released, it’s perhaps time to reflect on some key issues, and to draw some lessons from the experience.

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David Whyte
Licensed to Kill....

Dire predictions of Advisers deserting the financial services industry in the face of the legislative review may or may not be accurate. But from the draft Bill presented to Parliament it appears that the regulator will have the power of life and death over small adviser enterprises.

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David Whyte
Speak now, or......

The time is rapidly approaching when the opportunity for views on the proposed financial services legislation have to be presented.
The Financial Services Legislation Amendment Bill (FSLAB) has been promoted in priority and has passed its First Reading.
 

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David Whyte
Progress......and a lesson from abroad......

Last week, the Financial Services Legislation Amendment Bill (FSLAB) was presented to Parliament for its first reading. Submissions made by MPs were broadly supportive of the Bill, but there was one point offered which id worthy of closer attention.

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David Whyte
Cause for concern?

At the Booster Conference in Wellington last week – an excellent, informative, and very worthwhile event, I might add – references were made by MBIE and FMA to life insurance commissions that are worrying.

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David Whyte