06 August 2021

The Great FMA Debate

FMA Debates give industry heavyweights the chance to face off in public in a light-hearted, competitive debate over important matters affecting Kiwi investors. 

Teams argue for or against a chosen topic (the ‘moot’), with just minutes to state their case in front of a live audience.

Our topics are based on important financial markets issues, but our speakers are encouraged to keep things fun and engaging.

The FMA does not endorse a side, and the winning team is decided based on how persuasively – and entertainingly – they debate.

2021: DIY investing

Wednesday, 4 August 2021

Full debate


Moot: “Kiwis are better off investing through experienced advisers rather than trying to DIY.”

It’s estimated that more than 250,000 New Zealanders are using Sharesies, Hatch and InvestNow, with three-quarters of them aged 25-44. But are they being well-served?

In this FMA Debate, held in August 2021, the heads of those platforms went up against speakers from three firms that specialise in offering expert financial advice to investors.

Team Affirmative

Team Positive - The Great FMA Debate

Team Negative

Team Negative - The Great FMA Debate

Judges' decisions

Judge's Decision - The Great FMA Debate 2021

MC David Boyle and FMA CE Rob Everett

MC David Boyle and FMA CE Rob Everett  - The Great FMA Debate 2021


David Boyle is the head of sales and marketing at Mint Asset Management and a regular guest and financial commentator on Three’s The AM Show.  


Affirmative Negative

Andrew Bascand (Harbour Asset Management) The FMA Debate 2021Andrew Bascand is the managing director of fund manager Harbour Asset Management, where he has responsibility for all Australasian equity portfolios.

Sonya Williams (Sharesies) The FMA Debate 2021Sonya Williams is the co-founder and co-CEO of investment platform Sharesies, and was the co-winner of the 2020 ‘Women of Influence – Business’ award.

Helen Skinner (Craigs Investment Partners) The FMA Debate 2021Helen Skinner is the head of emerging wealth at Craigs Investment Partners, where she is responsible for the distribution of Craigs’ KiwiSaver and Superannuation products.

Kristen Lunman (Hatch) The FMA Debate 2021Kristen Lunman is the co-founder and GM of Hatch, Kiwi Wealth’s digital investment platform, and a leading fintech specialist.

Chloe Robertson (Certus) The FMA Debate 2021Chloe Robertson is a financial adviser with Certus Financial Group, and won “Emerging Adviser of the Year” at the 2019 AMP Awards.

Anthony Edmonds (InvestNow) The FMA Debate 2021Anthony Edmonds is the founder of investment platform InvestNow, and MD of Implemented Investment Solutions.


Madison Reidy The FMA Debate 2021Madison Reidy is a reporter for Three’s evening news show, Newshub Live at 6pm, where she specialises in business and finance.

Lachlan Wallace The FMA Debate 2021Lachlan Wallace is vice president of the student investment club at the Auckland University of Technology, and studying finance and banking.

Oliver Mander The FMA Debate 2021Oliver Mander is the chief executive of the NZ Shareholders’ Association, a role he's held since October 2020. Also a regular columnist for the Business Herald.  


2020: Passive vs. Active fund management

Wednesday, 19 February 2020 @ Auckland University of Technology

Moot: Passive management gives investors the best outcome.’

Managers of investment funds, including KiwiSaver funds, can either manage those assets ‘actively’, by taking a hands-on approach to buying and selling and trying to outperform the market; or ‘passively’ by simply tying their asset mix to a market index.

Both methods have their pros and cons – largely around fees versus returns – but which gives investors the best outcome? 

In this FMA Debate, held in February 2020, the audience ultimately decided that the negative team had presented a better argument, in support of active management.

FMA Debate 2020


NB: Employers stated as at Feb 2020

Affirmative Negative

Image of Sam StubbsSam Stubbs

Image of Rebecca ThomasRebecca Thomas

Image of Hugh StevensHugh Stevens

Image of John BerryJohn Berry

Image of Fiona MackenzieFiona Mackenzie

Image of Paul GregoryPaul Gregory
(PIE Funds)


Full debate (53 mins)

Highlights (2 mins)