NZX50 stumbles as F&P Healthcare, Infratil weigh
Asian markets were mixed as the AI tailwind subsided, and the Middle East conflict continued.
New Zealand’s S&P/NZX 50 index fell as Australia’s CSL continued to weigh on health stocks such as Fisher & Paykel Healthcare and Ebos Group, and Infratil lost momentum from its hefty lift in contracted capacity.
The a2 Milk Co led the benchmark index lower, even as other food exporters rallied, such as Scales Corp, Sanford and the Fonterra Shareholders’ Fund, while Vulcan ...MORE»
Call for change in way New Zealanders shown their retirement savings futureTuesday, May 12th, 7:53AM
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says. 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» |
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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 »
MAS turns to OMNIMax for advice solution
OMNIMax signs agreement with Medical Assurance Society to develop custom advice solution.
Saas provider OMNIMax has signed an agreement with Medical Assurance Society (MAS) to develop a custom advice solution for use across its network of advisers.
The agreement is structured as a three-year partnership, delivered in two stages.
Stage one will focus on building a custom Investment and KiwiSaver advice solution. This will be developed using OMNIMax’s existing Investment and ...MORE»
Former Kiwi Wealth boss turns to adviceWednesday, May 6th, 7:57AM
Former Kiwi Wealth chief executive Rhiannon McKinnon is hoping her new advice business will help New Zealanders who want completely independent assistance. 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» |
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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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Call for change in way New Zealanders shown their retirement savings future
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says. MORE»
