Booster pushes for info on how other fund managers operate
Booster Investment Management is seeking documents the Financial Markets Authority holds on how other fund managers run their private market investments as the KiwiSaver provider prepares for next year’s defence of how it ran transactions through its own related vehicle.
The investment manager wants its expert witness to be able to compare Booster’s internal processes with other market participants at the substantive hearing in February next year as it defends claims by the FMA that it fell short in the way it managed related party transaction rules.
In a half-day hearing at the High Court in Auckland on Tuesday, Justice Michael Arthur reserved his decision ...MORE»
Client reviews – what is expected of advisers?Monday, February 9th, 5:03PM 10 comments
[Opinion] A complaint against an adviser who did not know his client had two life policies has led to some discussion on the importance of regular reviews. MORE» |
Low-fee KiwiSaver providers to the fore in Morningstar surveyMonday, February 9th, 9:02AM 1 comment
Kernel is celebrating taking the top spot for the high-growth and cash categories in its first three full years. MORE» |
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[OPINION] Tax Efficiency vs. Real Returns: Are you being penny wise and pound foolish?
We’ve all been there—staring at a spreadsheet, trying to find the most "efficient" way to grow our nest egg. In New Zealand, the conversation frequently starts with tax.
Specifically, the Portfolio Investment Entity (PIE) regime. It’s become a bit of a national pastime to hunt for that capped 28% tax rate like it’s a hidden treasure.
But what if the very first step you take—your "entry point" into the decision—is actually sabotaging your long-term wealth? By obsessing over the tax wrapper before looking at the engine inside, you might ...MORE»
KiwiSaver investors look offshoreWednesday, February 4th, 8:30AM
Strong performance in international share markets has been pulling local investors’ attention offshore. MORE» |
Pie adds new ingredient to its fundsTuesday, February 3rd, 8:40AM
Pie Funds has partnered with a venture capital firm to help unlock the potential of New Zealand’s next generation of founders. MORE» |
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Morningstar finalists this year
Morningstar has revealed the finalists for this year's Fund Manager of the Year awards. MORE»
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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»
Markets in Motion - Positioning for 2026
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Southern Cross CEO steps down
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ASB accelerates mortgage lending and profit margins
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Haven names new GM
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Low-fee KiwiSaver providers to the fore in Morningstar survey
Kernel is celebrating taking the top spot for the high-growth and cash categories in its first three full years. MORE»
