Has Rob Everett thrown a hospital pass?

Unregulated financial products have had disastrous outcomes for unsophisticated investors. (Image: Deposit Photos)

Sat, 16 Oct 2021

Has Rob Everett, who has been an excellent Financial Markets Authority (FMA) boss, thrown a hospital pass to his successor Samantha Barrass?Will Barrass have to clean up a mess left by the proliferation of high-yielding investment products, mainly property, that have been pitched to investors through the media as ‘wholesale investment offers’?The huge number of these ‘wholesale offers' – which seem to be aimed at the person in the street – shows they must be extremely popular. Do individuals who invest in...

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