Infratil rides the AI wave, leads NZX50 higher
F&P Healthcare and Ebos were caught in the souring on Aussie health stocks.
New Zealand’s S&P/NZX 50 index overcame a soft day across the Tasman, where another profit warning from CSL weighed on the broader health sector, with Infratil and doing the heavy lifting, buoyed by the rally among chipmakers on Friday.
Air New Zealand, Tourism Holdings and Channel Infrastructure were among the day’s gainers as the government refined its fuel response plan, beefing ...MORE»
FNZ to build advice platform for FirstCapeFriday, May 8th, 8:59AM 1 comment
FNZ and FirstCape deepen strategic partnership as FirstCape becomes an FNZ Select partner MORE» |
MAS turns to OMNIMax for advice solutionWednesday, May 6th, 4:17PM
OMNIMax signs agreement with Medical Assurance Society to develop custom advice solution. MORE» |
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New fund range answers adviser call for flexible KiwiSaver alternative
Booster’s Wealth Series is the Wellington-based fund manager’s answer for investors looking to combine a level of active management with competitive value. MORE »
Moneta: Strengthening KiwiSaver advice with digital tools from OMNIMax
KiwiSaver had always been part of client conversations at Moneta. But as compliance expectations increased and clients began expecting faster, clearer, and more digital experiences, the team saw an opportunity to enhance the way they delivered KiwiSaver advice. MORE »
Former Kiwi Wealth boss turns to advice
Former Kiwi Wealth chief executive Rhiannon McKinnon is hoping her new advice business will help New Zealanders who want completely independent assistance.
McKinnon has recently founded Cass Advice, initially targeting KiwiSaver.
“I’ve been thinking about financial advice for years, ever since I left Kiwi Wealth,” she said, “and how to close the advice gap that the FMA is so keen for us to do.”
She said she had always thought the way to deliver unconflicted advice was to offer a user-pays model but it had not been the way ...MORE»
Stobo resigns FMA chair after investigationMonday, May 4th, 3:44PM 9 comments
Craig Stobo has resigned as Financial Markets Authority chairman following an investigation into his overseas travel and public comments. MORE» |
Sharesies opens advice offering to New Zealand investorsFriday, May 1st, 6:43PM 1 comment
Investment platform Sharesies has 20,000 people signed up to its advice offering, which is now available to the full New Zealand market. MORE» |
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News Bites
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FMA to tackle Finfluencers
The Financial Markets Authority has joined regulators across the globe in a co-ordinated Global Week of Action Against Unlawful Finfluencers to tackle the risks involved with unlawful financial promotions by online influencers. MORE»
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GoodReturns TV
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
SaaSacre – Generational buying opportunity or Great Value Destroyer?
Octagon Asset Management Equity Analyst James Cameron asks whether AI will kill SaaS companies or will some prosper? MORE»
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AIA says new product adviser-driven
AIA has launched a new trauma product which it says is the first of its kind in New Zealand. MORE»
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TMM Online
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First home buyers continue leaping into the housing and mortgage markets
While house prices move up at a glacial pace first home buyers are taking advantage of the hollowed-out market to buy and get what they want. MORE»
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Avanti to grow its funds management business
Avanti Finance appoints GM of Avanti Capital to support strategic growth MORE»
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KiwiSaver value for money not set and forget
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. MORE»
