NZX50 falls 1.6% this week as sour sentiment saps F&P Healthcare
Pacific Edge surged near a three-year high on its provisional return to Medicare cover.
New Zealand’s S&P/NZX 50 index snapped two weeks of gains as heavyweight Fisher & Paykel Healthcare had its worst week since February as Australian investor sentiment cooled on health stocks.
The local benchmark fell on Friday in a broadly weaker day across Asia as investors kept tabs on the summit between US President Donald Trump and his Chinese counterpart Xi Jinping, with hopes cooling ...MORE»
Advisers skipped in new sustainability guidanceFriday, May 15th, 8:06AM 2 comments
New guidance from the Financial Markets Authority on sustainability-related disclosures is welcome, if you can get past the title, one legal expert says. MORE» |
Private markets value responsible investing, lack data, research findsThursday, May 14th, 8:40AM
New Zealand’s private market investors are keen on responsible investing but lack a clear picture of how their investments perform on environmental, social and governance (ESG) measures, new research shows. 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 »
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.
Peter Urbani, from KnowRisk Consulting, has been looking at the retirement projection calculators offered by KiwiSaver providers and other institutions, and said they differed significantly.
“If you put the same inputs into 13 different KiwiSaver calculators ranging from Sorted to the banks and asset managers you get 14 different results.”
Using the example of a 35-year-old earning $75,000 ...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» |
MAS turns to OMNIMax for advice solutionWednesday, May 6th, 4:17PM
OMNIMax signs agreement with Medical Assurance Society to develop custom advice solution. 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»
Staying the Course: The Global Rebound in April (and well into May) is a Timely Reminder for Investors
The past six weeks have delivered a powerful message for investors: staying the course works. MORE»
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New insurance comparison tool hits the market
KAN has revamped and relaunched the late Graeme Lindsay's Strategy insurance research business. MORE»
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TMM Online
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OCR increases should start sooner rather than later
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time. 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»
