NZX 50 edges lower as power companies dip in soft Asia trading
Bremworth surged on regulatory approval to sell its assets to rival.
New Zealand’s S&P/NZX 50 index edged lower in a soft start to July across Asia, with power companies Meridian Energy and Mercury NZ weighing on the benchmark, while Australian banks were a drag across the Tasman.
Exporters such as Fisher & Paykel Healthcare and a2 Milk Co were generally weaker as the kiwi dollar gained ground against the greenback, with investors pondering whether the ...MORE»
Ethical investing needs to grapple with AI challenges: PathfinderWednesday, July 1st, 6:00AM
Pathfinder chief executive John Berry says demand for ethical investing continues to grow, even as developments in technology throw up new challenges. MORE» |
Mortgage fraud and advisers’ commissions under the FMA microscopeTuesday, June 30th, 7:49AM 3 comments
The Financial Markets Authority (FMA) is going after advisers and FAPs who flout its rules and pose significant risks for borrowers. MORE» |
Sponsored Content
The Friction Test: What the market gets wrong about AI disruption
“The future is already here – it’s just not evenly distributed.” — William Gibson MORE »
Making Investment Advice Easier for Clients to Understand
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
FMA focussed on fraud and commissions paid to advisers
The Financial Markets Authority highlights fraud and commissions as key areas of attention over the next 12 months.
The Financial Markets Authority has laid out its plans for regulating financial over the next year and is targeting supervision of specific conduct risks.
In its Financial Conduct Report, released today, it has a number of priorities for the advice sector including conflicted remuneration and a new focus on fraud.
FMA Executive Director, Licensing and Conduct Supervision, Clare Bolingford, says the ...MORE»
Simon Papa: Access to advice - Is adviser conservatism the issue?Saturday, June 27th, 4:10PM 2 comments
OPINION: The FMA’s access to advice report attributes advice access issues to adviser conservatism but the absence of structured market or economic analysis means it may misdiagnose what is in fact a demand-side problem. MORE» |
5+5 Ideal super savings rate experts sayThursday, June 25th, 6:00AM
More advice, but maybe a lower saving rate, could be KiwiSaver solution MORE» |
|
News Bites
|
Summit to examine financial advice policy, regulation, and professional standards
Financial Advice New Zealand is launching an Advice Policy Summit in conjunction with the Financial Planning Standards Board Asia Pacific Forum. MORE»
|
GoodReturns TV
|
Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
Why 12% Could Be the Most Important Number in KiwiSaver
For years, New Zealand's retirement savings debate has revolved around broad concepts: adequacy, participation, and sustainability. The latest KiwiSaver discussion is more tangible. It centres on a single number. MORE»
|
Sponsored by: |
|
FMA focussed on fraud and commissions paid to advisers
The Financial Markets Authority highlights fraud and commissions as key areas of attention over the next 12 months. MORE»
|
TMM Online
|
Mortgage fraud and advisers’ commissions under the FMA microscope
The Financial Markets Authority (FMA) is going after advisers and FAPs who flout its rules and pose significant risks for borrowers. MORE»
|
Sponsored by: |
|
Fisher Funds appoints new Chief Client Officer
Fisher Funds has appointed a new Chief Client Officer to lead its growing client teams across New Zealand. MORE»
|
Sponsored by: |
|
Give Total Rem the flick if KiwiSaver compulsory
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion. MORE»
