NZX's Smart and Wealth Tecnologies contributed all profit growth in 2025

NZX’s Smart’s growth in funds under management (FUM) accelerated in the second-half of 2025 to deliver annual growth of 17.6%.

That growth to $15.8 billion in FUM for the year accelerated from growth of just 3.8% in the first half and the growth spurt was in line with chief executive Mark Peterson’s guidance.

Similarly, growth in funds under administration (FUA) at the NZX Wealth Technologies platform accelerated to $19.9 billion, up 23.1% for the year after 8.6% growth in the first half after onboarding 13 clients, ...MORE»

NZX50 climbs 1.1% in earnings season flurry Thursday, February 26th, 5:43PM Retirement village operators paced gains as BNZ trimmed some of its longer-dated mortgage rates. MORE»

Booster loses discovery bid to look at rival transactions Thursday, February 26th, 6:00AM Booster Investment Management has lost its application to get hold of documents held by the Financial Markets Authority on how other fund managers operate their private market investments. MORE»

Govt could cut NZ Super fiscal impact to 5% of GDP by 2065: consultants

A new paper on New Zealand Superannuation says that the government could reduce the fiscal impact to 5% of GDP by 2065 by both raising the age of eligibility and by linking payments to the consumers price index (CPI).

The paper by consulting firm Heuser Whittington says that NZ Super is becoming unsustainable and is projected to reach about 8% of GDP by 2065, with the total fiscal cost rising from $25 billion this year to $151 billion by 2065, unless changes are made.

Currently, NZ Super payments are set at the higher of 66% of the average ordinary time wage for couples and 40% for singles, or the CPI, but in practice, ...MORE»

Call for money for kids as part of KiwiSaver 2.0 Tuesday, February 24th, 9:12AM Redirecting government KiwiSaver contributions to children and young people could be a way to set them up for life, at little additional cost, KiwiSaver providers say. MORE»

[GRTV] The benefits of global infrastructure Monday, February 23rd, 8:18AM Resolution Capital portfolio managers Mark Jones and Jan de Vos explain why it's time to put global infrastructure into portfolios. MORE»

News Bites

Shaw and Partners buys Wellington advice firm

Shaw and Partners, previously JMI Wealth, has expanded its reach buying a Wellington-based financial planning business. 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»

Market, meet your new Fed Chair

In its latest Outlook Harbour Asset Management says the Reserve Bank of Australia is something to watch and global equity markets remain volatile even though there is a constructive backdrop. MORE»

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nib back in profit and recovering

Health insurer nib says its New Zealand subsidiary is back in profit and its recovery continues at pace. MORE»

TMM Online

Kiwibank accelerated mortgage lending in its first half

The Reserve Bank’s new bank capital rules mean that Kiwibank can lend about $20 billion more in home loans or $7 billion more to businesses through to June 30, 2028 than it would have been able to under the previous capital rules. MORE»

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Devon appoints CEO

Devon Funds Management has appointed a Chief Executive and Portfolio Manager. MORE»

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Debtfix takes hardship off providers’ hands

Debt solution charity Debtfix is working with a growing number of KiwiSaver providers, to help them handle their financial hardship withdrawal workload. MORE»