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Last Article Uploaded: Thursday, November 21st, 11:36AM

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Fresh solution to liability gaps needed

Sector-wide collaboration is needed to find a way to bridge advisor liability gaps for both consumer and advisors’ protection, according to one dispute resolution service.

Wednesday, November 20th, 8:51AM

Financial Services Complaints Limited chief executive Susan Taylor said the number of complaints to the scheme from clients of former DRS members was trending up, as more advisors retired, sold their business or merged with other providers and their advice was no longer covered by their DRS.

“We had one case earlier this year, the complainant’s son, who lived in Australia, had fallen very ...MORE»

Value of index tracking seen in the numbers, says Kernel

Tuesday, November 19th, 7:50AM  1 comment

The increased availability of index fund options and the strength of returns for investors continues to lay down a challenge for active managers, according to Kernel Wealth chief executive Dean Anderson.

MORE»

No plain sailing around Castle Point

Monday, November 18th, 7:36AM

Castlepoint turnaround taking longer than expected.

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Failure to plan for data-hungry AI will have consequences

The AI train is leaving the station but few financial advisors have their bags packed ready for the journey - nor do they necessarily know where they’re headed.

Friday, November 15th, 6:05AM

According to Clive Fernandes, founder and director of AI fintech Sevaka, even some of the major KiwiSaver providers, managing millions of dollars of funds, are behind in their efforts to build a data knowledge base in preparation for the widely-predicted accelerated adoption of AI.

“Building a data knowledge base is the most important step people can take. AI is useless without data.”

“But ...MORE»

NZ Super Fund terminates Devon mandate

Thursday, November 14th, 4:57PM

The NZ Super Fund has terminated a 13-year old mandate it had with Devon Funds.

MORE»

Govt takes risk-based approach to deposit guarantee scheme

Thursday, November 14th, 8:08AM

A risk-based funding model for the new depositor compensation scheme will see the four largest banks bear most of the cost of the safety net with smaller entities subject initially to a flat fee.

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Booster Foundation takes off

Tuesday, October 29th, 12:57PM

The Booster Foundation inks five partnerships in first year. MORE»

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[GRTV] Stronger and more unified voice needed to force KiwiSaver changes

Friday, September 27th, 6:21AM

The Retirement Commissioner Jane Wrightson talks to Philip Macalister about changes she would like to see made to KiwiSaver. MORE»

  

Insync: Market concentration a myth

Tuesday, October 29th, 9:23AM  1 comment

Evidence does not support a new and perilous belief that global markets are becoming increasingly more concentrated, according to Insync Funds Management (Insync). MORE»

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nib experiencing extraordinary claims growth

Tuesday, November 12th, 4:46PM

ASX-listed health insurer nib has told the market that its New Zealand operations are weighing on its earnings performance. MORE»

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Climate change – a threatening problem for lenders

Thursday, November 21st, 9:06AM

A looming problem for mortgage advisers over the next few years and coming decades is going to be property insurance, Mark Solomon, LifeDirect managing director says. MORE»

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Daughter takes over founder's role

Thursday, November 21st, 11:00AM

Eighteen year PIC veteran lands chief executive role. MORE»

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KiwiSaver assets grow to $117.6 bill

Tuesday, November 12th, 3:54PM

The KiwiSaver pot grew by $7 billion to $117.6 billion in the third quarter of this year with QuayStreet, Milford and Generate highlighted as some of the strong performers over the long term. MORE»

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