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In this week's news we have AMP popping up again which could possibly see its New Zealand wealth business sold. At the same time we are seeing Australian banks across the Tasman ditching their wealth businesses.
The sharemarket continues its rather stellar rebound at the moment which has many people surprised in these unusual times. (If you would like our end of day market report click here).
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The hunt for yield is on again, with a vengeance. But how much risk will investors take to get it, and do they really understand what chasing high yield means for their hard-earned savings? Mint chief executive, Rebecca Thomas, explains why eating some...
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Pathfinder Asset Management has become the first fund manager in New Zealand declared a Certified B Corporation.
- Pathfinder manages CareSaver KiwiSaver and also a suite of managed funds outside of KiwiSaver including its Global Water Fund and Ethical...
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Each potential scenario of the upcoming US election and its implications for investors are explored in detail with Capital Groups' Matt Miller, Clarke Camper and Reagan Anderson
- Heading into 2020, the US presidential election looked set to...
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BNZ parent NAB has agreed to sell its MLC Wealth business to IOOF for A$1.44 billion.
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Mint Asset Management is currently in the process of going live with the digital onboarding and online investment solution, which includes switching clients over to the new and interactive client portal.
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As 2020 continues its pattern of disruption, one thing remains certain - regulatory change is imminent and the new regime will herald, among other things, a far greater level of professionalism for the industry - through enhanced processes, record keeping and oversight.
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Almost 1,000 licences for financial advice providers have been issued, but there may still be some advisers who do not fully understand the requirement ahead of them, it has been suggested.
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The Financial Markets Authority should take court action to set a benchmark for what is an unreasonable KiwiSaver fee, Simplicity founder Sam Stubbs says.
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FMA director of regulation Liam Mason says the regulator won’t be drawn on whether an active or passive management style is better for KiwiSaver – but it’s clear that the issue of what fees are charged is a complex one.
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