Government looking at wholesale investor loophole
The government has finally agreed to start looking at closing the wholesale investment loophole.
Commerce Minister Cameron Brewer. Photo / Supplied
Commerce Minister Cameron Brewer earlier this release launched a new phase of capital markets reform which looks at the contorverial wholesale investor loophole along with product disclosure statement regime.
The wholesale investor setting has been controversial for some time as companies used this mechanism to raise capital from unsavvy investors ...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» |
[GRTV] How to get better access to adviceTuesday, July 14th, 7:48AM 3 comments
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» |
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NZX50 slides as renewed Middle East tensions lift oil prices
Xero drops as CEO sells shares.
Picture: Air New Zealand was among the day’s bigger decliners. Image Air NZ
New Zealand’s S&P/NZX 50 index dropped from its record close as local investors returned from the long Matariki weekend to heightened tensions in the Middle East pushing up oil prices and weighing on the likes of Air New Zealand.
Across the Tasman, Australia’s S&P/ASX 200 index also declined as more ...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» |
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» |
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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?
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TMM Online
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Why speed and flexibility matter more than ever for SME lending
Bizcap’s flexible product suite helps New Zealand partners solve more SME funding scenarios with speed, choice and confidence. 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»
