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Last Article Uploaded: Thursday, August 25th, 12:11PM
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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  4 comments

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


KiwiSaver transfers from Australia still a drag

Some New Zealanders trying to transfer Australian superannuation funds back to this country are still facing difficulties.

Tuesday, August 23rd, 6:00AM

Trans-Tasman portability of superannuation funds has been possible since 2013. Funds can be transferred to KiwiSaver schemes.

But Jeremy Hoskin, of Super-Advice, which helps with the process, said many people were still being left frustrated.

“With more New Zealanders returning than going to Australia, this service is really ramping up,” he said. “The common thread is the absolute frustration from people who have tried unsuccessfully to gain access to their funds ...MORE»

Grosvenor dumps Vanguard over cluster bombs

Tuesday, August 23rd, 6:00AM

Grosvenor Financial Services has moved quickly to the furore around index funds investing in cluster bomb manufacturers by replacing one of its index managers, although the move comes at a cost.


Client interests: first, best or last?

Monday, August 22nd, 6:10AM  17 comments

Imagine you’re seeing your doctor or lawyer and they tell you “just so we are clear, my duty is to put your interests first… but I won’t necessarily be acting in your best interests.”  How would you feel? Comforted and relieved?  Or surprised and confused?  In this commentary John Berry looks at a financial adviser’s duty to place the interests of the client first (but not to act in the client’s best interests).  What does this mean?  Is it what clients expect?


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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: 

Looming LVRs impact on mortgage lending

Wednesday, August 24th, 4:43PM

New LVR restrictions seem to be affecting mortgage demand already, with the Reserve Bank’s latest residential lending data showing a big dip in mortgage lending 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: 

Kingfish manager steps down

Wednesday, August 24th, 8:18PM

Fisher Funds’ senior portfolio manager Murray Brown is to retire. 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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