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Last Article Uploaded: Tuesday, August 30th, 5:26PM
Latest Headlines

Stewart nails third capital raising

Ralph Stewart's Retirement Income Group has exceeded expectations with its latest capital raising which should enable the company to reach break-even point in 2018.

Tuesday, August 30th, 6:00AM  1 comment

RIG set out to raise a minimum of $1.3 million in its third and latest capital raising and ended up pulling in $1.8 million.

Managing director Ralph Stewart says the additional capital will be used primarily to support future sales growth. It will also help the company meet increased capital adequacy requirements.

RIG recently changed its capital holding policy: “We have increased our policy of holding at least 100% of the required regulatory capital to 110% ...MORE»

FMA 'suggested' Diversified sell to Fisher

Monday, August 29th, 6:00AM

The Financial Markets Authority says it “suggested” Diversified Investment Strategies talk to Fisher Funds about buying its Law Retirement KiwiSaver Fund – but did not recommend or broker the sale.


Formal Financial Advice NZ conversations start next month

Friday, August 26th, 6:00AM  5 comments

More of the countries’ adviser associations will be approached more formally early next month about the possibility of becoming involved with Financial Advice New Zealand.


Milford appoints new CEO

Thursday, August 25th, 9:33AM

After an extensive international and New Zealand wide search, Milford Asset Management has today announced the appointment of Troy Swann as its new chief executive.

Swann joins Milford after over 15 years experience in the asset management industry. His major role has been General Manager, Boutiques and Joint Ventures, at NAB Asset Management. In this role he drove the buildout of NAB’s asset management businesses, leading the acquisition and establishment of boutique investment management firms across a wide range of asset classes in Australia, the United Kingdom, United States, Canada and Asia ...MORE»

Generate rakes in new FUM

Thursday, August 25th, 9:04AM

Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows.


Call for KiwiSaver to follow Super Fund on ethical investing

Wednesday, August 24th, 6:00AM  5 comments

New Zealand's newest KiwiSaver provider is calling on the rest of the industry to adopt standard responsible investing protocols.


More Headlines
Insurance Review Sponsored by: 

Industry must face up to trend for commission regulation

Friday, July 15th, 11:51AM  7 comments

Massey University's Michael Naylor discusses the FMA's report on insurance replacement business. MORE»

Mortgage Centre Sponsored by: 

Rising pressures impact on Kiwibank

Friday, August 26th, 5:34PM

Competitive market and increasing funding costs mean Kiwibank has experienced a small drop in its annual after tax profits. MORE»

Insurance Centre Sponsored by: 

Reserve Bank tells insurers data not good enough

Thursday, August 25th, 6:00AM

Insurers have been given a warning that they need to start offering the Reserve Bank better data – or face sanctions. MORE»

Regulation Sponsored by: 

Call for more scrutiny of regulators

Monday, August 15th, 5:59AM  2 comments

Financial services providers are becoming ever more familiar with the Financial Markets Authority in its industry oversight role – but who is keeping an eye on the regulators? MORE»

People and Events Sponsored by: 

Weaver leaves MJW

Monday, August 29th, 10:29AM  1 comment

Actuary Mark Weaver is moving on from the firm that holds his name. MORE»

Deposit Rates Sponsored by: 

Term deposits offered via Consilium platform

Thursday, August 18th, 6:00AM

A new term deposit offer on the Consilium platform is another way for advisers to ring-fence their clients’ financial needs and boost their value proposition, the firm says. MORE»


Generate rakes in new FUM

Thursday, August 25th, 9:04AM

Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows. MORE»

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Latest Comments
  • Client interests: first, best or last?
    “The IFA are continually telling consumers and advisers alike that their members are true professionals and should be viewed...”
    9 hours ago by Graeme Tee
  • Stewart nails third capital raising
    “Well done to Lifetime and Ralph Stewart. I'm interested in the development of the Superannuation Fund for pension transfers....”
    10 hours ago by Another AFA
  • Weaver leaves MJW
    “Well that was all a bit pointless...”
    13 hours ago by Steven Popodopolus
  • Client interests: first, best or last?
    “Andrew, thank you for commenting and for some helpful background to the code origins. I have often heard the car industry...”
    1 day ago by John Berry
  • Client interests: first, best or last?
    “John, well done for generating interest in this ethical principle. To understand the Standard it is probably helpful to...”
    1 day ago by Andrew Gunn
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