Monitoring visits are an essential pro-active monitoring tool for a Licensed Supervisor to deploy on a regular basis. Through conducting monitoring visits, Licensed Supervisor Trustees Executors is able to gain evidenced assurances that its supervised entities are managing their risks effectively and at all times acting in the best interests of their investors.
Good financial advice encourages prudent investment, as well as greater and more confident participation in financial markets. The introduction of the Financial Services Legislation Amendment Act (FSLAA), not only aims to protect client interests, but overhauls the entire regulatory environment surrounding the financial advice industry to improve transparency, clarify the legal responsibilities of advisers, and make advice more accessible.
Despite everything that's happened in 2020, house prices kept going up. The Government's recently announced housing legislation has been designed to "tilt the balance" towards first homebuyers, but many still fear that they’ll either miss out on low-interest rates, or that they’ll be priced out of the market.
Inheritance and estate planning are essential to help in the protection of your assets to ensure they reach your loved ones in the manner you intend. One way that you can help protect your family's inheritance is through the establishment of an inheritance trust.
The End of Life Choice Act comes into effect on 7 November 2021. Assisted dying is a highly controversial issue socially, and the legislation comes with a broad range of requirements and safeguards to ensure ethical use. However, it raises practical questions as well.
The COVID-19 global pandemic has disrupted virtually every aspect of life since the first quarter of 2020, not least financial markets. Its advent has imparted renewed international impetus to financial market regulator research into liquidity risk management (LRM) as it affects managed funds (in New Zealand, managed investment schemes/MIS).
We're open for business but operating a little differently
Following the recent Government announcement that it's COVID-19 resposne will move to Alert Level 3 in Auckland and Level 2 for the rest of New Zealand, we want to provide yu with an update on our business operations.
At Trustees Executors, we remain alert and aware of the threat that cybercrime poses to our sector, our clients, and the economy at large. Going forward, data security will necessarily become a more important factor for customers in choosing which businesses and organisations to engage with. More importantly, data security is essential in order to be a reliable business partner and to help facilitate your long-term financial goals.
Recent publication of a final report by the Board of the International Organization of Securities Commissions (IOSCO) has laid down rules for retail investor complaint procedures in financial markets. The report has boiled down best practice for retail investor complaint handling and redress to a set of nine “Sound Practices”.
The year 2020 is now behind us but is unlikely to be forgotten. As a new year begins there are several big questions facing investors.