The BNP Paribas Investment and Operations NZ Survey Part 3 is now showing on industry screens. As per the previous two instalments, Investment News NZ (IN NZ) is seeking feedback on the big-picture financial services industry issues via a short, easy-viewing questionnaire…
The 2017 Investment and Operations NZ Survey – a joint IN NZ and BNP Paribas Securities Services NZ production – found the local financial services industry in a responsible mood.
Identified as a sleeper issue in the inaugural 2016 survey, the NZ investment industry woke up to ‘socially responsible investing’ and the ensuing ‘environmental, social and governance’ (ESG) debate following a PR alarm for KiwiSaver providers later that year.
According to the 2017 result, 70 per cent of respondents said they would focus more on ESG compared to just 20 per cent the previous year.
But if ESG has gone mainstream, other issues have loomed into shot over the previous 12 months including:
- a change of government;
- potential new tax rules under consideration by a Sir Michael Cullen-led working group;
- an in-transit reform of the NZ financial advice regime;
- numerous regulatory guidance notes and updated reporting standards;
- the return of market volatility; and,
- revelations at the Australian Royal Commission into financial services that have seeped across the Tasman.
Importantly, too, this year for the first time the Financial Markets Authority (FMA) has let loose the futuristic-sounding ‘robo advisers’ into the public domain – throwing a spotlight on the broader, pan-industry theme of technological revolution.
But what issues are likely to draw the biggest NZ industry audience in 2018? Please pitch your best ideas by completing this brief survey of less than 30 questions: the anonymous questionnaire has a projected viewing time of five minutes or so – click here to begin.
As the third part of a trilogy, the 2018 BNP Paribas NZ/IN NZ survey will add to the industry back-story and point to future plot developments in a report coming to you soon…
Thank you in advance,
Investment News NZ