09:05 Are banks giving best advice on nest egg investments?

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The Financial Markets Authority has put out a draft set of guidelines for the standards of good conduct from finance companies and the people who work for them. At the heart of the guidelines is a requirement to put a client's interests first. But has the FMA gone far enough? Bay of Plenty based independent Financial Advisor Brent Sheather says the watchdog should have the big banks in their sights. He says bank financial advisors sell only their own often high cost products which may not be anywhere near the best deal for the investor. Karen Scott-Howman, Chief Executive of the Bankers' Association responds. 

Bright red seaweed surrounded by cone shaped shellfish and algae on the seabed in the Marlborough Sound

Rhodoliths on the seabed in the Marlborough Sound Photo: Rob Davidson (supplied)

09:20 Marlborough leads the way on Seabed protection

The Marlborough District Council has become the first in the country to include protections for important seabed habitat in its annual plan. Last year a report by marine biologist Rob Davidson found that 13 hundred hectares of biologically significant seabed in the Marlborough Sounds had been destroyed in the four previous years, more than 71 percent of the area originally surveyed. Yesterday the council took action by including a ban on trawling and dredging in the remaining sites in its annual plan.

09:30  Cordelia Lewis Burks at the Democratic National Convention

Cordelia Lewis Burks is a super delegate and the vice chair of the Democratic party in Indiana. She's a 79-year-old great grandmother who has been at some of the most significant civil rights events in living memory - including the March on Washington and the funeral of Emmett Till

09:45 Asia Correspondent Anna Fifield

Washington Post Tokyo Bureau Chief Anna Fifield discusses an escalation in tensions between North and South Korea.

10:05 Katey Forth: NASA researcher, entrepreneur & frisbee whizz

Katey Forth

Katey Forth Photo: supplied

Katey Forth is a a former NASA researcher in neurophysiology who's headed out into the world of entrepreneurship. British-born and educated, she was working for NASA researching the impact of space flight on astronauts when she began to think about other applications. She and a colleague developed a technology to help the elderly avoid catastrophic falls, called ishoe. Katey's also a high achiever in another way - she just represented the United States at the World Ultimate Frisbee champs.

10:35 Unity Book review -White Sands by Geoff Dyer    

Reviewed by Kiran Dass, published by Text   RRP $37

10:45 The Reading

Car Love in Kaikai by Raewyn Alexander, read by Miriama McDowell.

11:05 Music with Grant Smithies

Grant revisits the first two albums of long-lost American funk singer Betty David who turned 71 this week. He also brings us tracks from LA soul crew The Internet and the late, great Gil Scott-Heron.

Artist: Betty Davis
Song: Anti-Love Song
Comp: Davis
Album: Betty Davis (self-titled)
Label: Light In The Attic
Broadcast Time: 4'32"

Artist: Betty Davis
Song: He Was A Big Freak
Comp: Davis
Album: They Say I'm Different
Label: Light In The Attic
Broadcast Time: 4'02"

Artist: The Internet
Song: Dontcha
Comp: Syd Tha Kyd/ Matt Martians
Album: Ego Death
Label: Sony
Broadcast Time: 3'29"

Artist: Gil Scott-Heron
Song: Inner City Blues (Makes You Wanna Hollar)
Comp: Marvin Gaye/ James Nix Jnr./ Gil Scott Heron
Album: Reflections
Label: Arista
Broadcast Time: 5'51"

11:30 Sport with Brendan Telfer

11:45 The Week That Was

Michelle A'Court and Alice Brine on the things that made us laugh this week