NZX 50 drops as oil spike rocks heavyweights Auckland Airport, Meridian
STANDFIRST: Skellerup hits record on earnings upgrade.
New Zealand’s S&P/NZX 50 index joined a muted day across Asia as US President Donald Trump’s resumption of a naval blockade on the Strait of Hormuz sent oil prices higher, knocking local heavyweights including Auckland International Airport and Meridian Energy.
The kiwi dollar climbed after Reserve Bank chief economist Paul Conway noted the revived conflict in the Middle East created ...MORE»
[GRTV] How to get better access to adviceTuesday, July 14th, 7:48AM 1 comment
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» |
NZX50 slides as renewed Middle East tensions lift oil pricesMonday, July 13th, 6:17PM
Xero drops as CEO sells shares. 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 »
Adviser complains about ANZ campaign
A financial adviser has complained to the Financial Markets Authority about an ANZ campaign offering people $100 to sign up to its KiwiSaver scheme.
It offered the incentive for sign-ups before July 12.
Rachelle Bland, of Cliffe Consulting, told the FMA she saw the offer when she signed in to her banking app.
She said it went against the FMA guidance that incentives should not be offered with a strict time limit that could distract a customer from making sound, long-term decisions about their investment.
“The focus of the advertisement ...MORE»
Pie Funds enters adviser channelThursday, July 9th, 2:23PM
Pie Funds is the latest fund manager and KiwiSaver provider to enter into the financial adviser channel. MORE» |
[GRTV] What's happening in fixed interest marketsTuesday, July 7th, 6:00AM
Fisher Funds Portfolio Manager – Credit, Matt Logan discusses the latest happenings in the fixed interest market with Philip Macalister on Good Returns TV. MORE» |
|
News Bites
|
Russell Investments sold
A US consortium is planning to buy Russell Investments. MORE»
|
GoodReturns TV
|
[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»
|
Sponsored by: |
|
Medical costs and premiums rising unsustainably – what can advisers do to help their clients?
[OPINION] MORE»
|
TMM Online
|
Can the NZ economy grow while house prices stagnate?
The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue. MORE»
|
Sponsored by: |
|
Pie Funds pushes into adviser market
Pie Funds appoints experienced manager to spearhead advance into the adviser market. MORE»
|
Sponsored by: |
|
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»
