NZX 50 snaps two weeks of gains as Middle East conflict casts a chill
Former finance minister Bill Birch has died, aged 92.
SkyCity posted the biggest gain for the week. Photo / Good Returns
New Zealand’s S&P/NZX 50 index snapped two weeks of gains as renewed conflict in the Middle East ratcheted up oil prices, weighing on the likes of Auckland International Airport and Air New Zealand, while Summerset Group Holdings led the benchmark lower across the week after data showed the housing market remained subdued ...MORE»
Government looking at wholesale investor loopholeFriday, July 17th, 10:37AM
The government has finally agreed to start looking at closing the wholesale investment loophole. MORE» |
How not to become the Kākāpō of Financial AdviceThursday, July 16th, 6:00AM 5 comments
[OPINION] Industry veteran Grant Pearson argues with the advent of AI financial services needs to evolve quickly or it will face an uncertain future. MORE» |
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The Friction Test: What the market gets wrong about AI disruption
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[GRTV] How to get better access to advice
Watch FMA Director of Deposit Taking, Insurance, and Advice Michael Hewes talks about access to financial advice, what the regulator can do and the role stakeholders play.
You can read a full transcript of the interview here. ...MORE»
NZX50 slides as renewed Middle East tensions lift oil pricesMonday, July 13th, 6:17PM
Xero drops as CEO sells shares. MORE» |
Adviser complains about ANZ campaignMonday, July 13th, 8:38AM 3 comments
A financial adviser has complained to the Financial Markets Authority about an ANZ campaign offering people $100 to sign up to its KiwiSaver scheme. MORE» |
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News Bites
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Russell Investments sold
A US consortium is planning to buy Russell Investments. MORE»
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GoodReturns TV
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[GRTV] How to get better access to advice
Watch FMA Director of Deposit Taking, Insurance, and Advice Michael Hewes talks about access to financial advice, what the regulator can do and the role stakeholders play. MORE»
Harbour rolls out new global multi-manager fund
Harbour launches a new global equities fund to address concerns about over-exposure to the United States. MORE»
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Medical costs and premiums rising unsustainably – what can advisers do to help their clients?
[OPINION] MORE»
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TMM Online
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Expansion of North Shore mortgage business
North Shore-based adviceHQ has bought the mortgage, insurance, and KiwiSaver business of long-time investment and wealth advisory firm Money Planners. MORE»
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Pie Funds pushes into adviser market
Pie Funds appoints experienced manager to spearhead advance into the adviser market. MORE»
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Annual reviews ‘not serving clients’
KiwiSaver advisers who are reviewing their clients’ investments on an annual basis probably aren’t serving them as well as they could, the founder of an AI business says. MORE»
