NZX50 slips as investors question early end to Iran conflict

Air NZ pulled its earnings guidance amid spiking jet fuel prices.

New Zealand’s S&P/NZX 50 index had a late stumble to end the day in the red, having spent most of the day in positive territory as major nations mulled tapping strategic oil reserves and US President Donald Trump said the Iran conflict would end very soon, cooling the surge in Brent crude oil prices.

Air New Zealand reversed its momentum, ending the day softer after the national carrier ...MORE»

SBS readies to expand into adviser market Tuesday, March 10th, 8:55AM SBS is expanding its long-held direct-to-consumer model to start working with third-party advisers, too. MORE»

Aurora moves management of KiwiSaver inhouse Tuesday, March 10th, 7:27AM Maangement of the Aurora KiwiSaver Scheme is being moved inhouse from FundRock. MORE»

Advising on KiwiSaver can create "a moat" for adviser's businesses: Generate

Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business.

“The more problems you solve, the more like they are to stay with you,” Generate’s head of distribution, Kristian James, told advisers, adding that advising clients on other managed funds is also an opportunity for advisers.

Speaking to a mix of investment, mortgage and insurance advisers in Wellington as part of Generate’s current roadshow around the country, James noted that ...MORE»

Former financial adviser cops minimal fine Friday, March 6th, 9:28AM  2 comments Former financial adviser David McEwen has been convicted and fined for breaching FMA stop orders; but the fine imposed was minimal. MORE»

Harbour takes out top award Thursday, March 5th, 7:32AM Morningstar hands out its Fund Manager of the Year Awards. 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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Life cover benefits can be at risk of terminal illness

[Opinion] Life cover benefits designed to support surviving family members on the death of a client can be at risk if they are used ‘early’ to fund terminal illness, perhaps even to the point where the family is left with too little, resulting in a failure of the insurance to perform its purpose. MORE»

TMM Online

Rising sophisticated cyber attacks aimed at advisers

Advisers are being urged to be on heightened alert after a sharp increase in hard to spot malicious email activity. MORE»

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Haven focusses on adviser growth

Haven focusses on adviser development with the appointmentof a head of adviser growth and success. MORE»

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Advising on KiwiSaver can create "a moat" for adviser's businesses: Generate

Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business. MORE»