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Last Article Uploaded: Sunday, November 29th, 5:50PM
News Bites

Edmonds puts funds on direct platform

Friday, November 27th, 2:14PM

Implemented Investment Solutions has put two of the Russell Investments fixed interest funds onto RaboDirect's online managed funds platform... MORE »

UDC sees debenture book growth

Thursday, November 26th, 7:23AM

UDC Finance has increased net profit after tax 11% to $57... MORE »

Macquarie launches roboadvice

Wednesday, November 25th, 1:53PM

Roboadvice is stepping up across the ditch, where the Macquarie Group is launching a mass-market offering... MORE »

4 of the best MJW quotes

Monday, November 23rd, 6:38PM

In MJW report on life insurance insurance has been a hot topic of discussion at the SiFA conference... MORE »

Chinese bonds offer returns, stability, ICBC says

Tuesday, November 17th, 5:59AM

The Industrial and Commercial Bank of China (ICBC) has held roadshows in Hong Kong, Tawian, Korea, Japan, Australia and New Zealand to help raise awareness of the bonds available and how to invest in them... MORE »

Listed debt market grows

Monday, November 16th, 9:42AM

The New Zealand Local Government Funding Agency has listed on the NZX debt market, offering advisers and retail investors the chance to trade in the bonds more easily, without having to buy big parcels... MORE »

NZX lists ETFs

Thursday, November 12th, 10:31PM

Smartshares has listed four new ETFs, taking its portfolio to 23... MORE »

Partners, Ballantyne and Asteron pick up Awards

Friday, November 6th, 12:01PM

Partners Life, Naomi Ballantyne and Asteron have all been recognised at the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) insurance industry awards... MORE »

Real estate index launched

Wednesday, November 4th, 4:35PM

S&P Dow Jones has announced the launch of the S&P/NZX Real Estate Select Index, capturing the largest real estate companies on the NZX... MORE »

IRD seeks feedback on fees

Wednesday, November 4th, 6:00AM

IRD says it has reached an initial view  that fund management fees should be GST-free – which could make life harder for some managers... MORE »

Equity markets recover

Tuesday, November 3rd, 10:12PM

International markets recovered to a strong October after a bout of turbulence earlier this year... MORE »

Squirrel Money launches

Sunday, November 1st, 6:00AM

Squirrel Money has got off to a soft launch.

The peer-to-peer lender had been set to launch on October 29 but Squirrel founder John Bolton said that had been delayed... MORE »

Former adviser sentenced

Wednesday, October 28th, 12:32PM

This is in addition to the 12-month term he was given early this year for fraud charges laid by the Serious Fraud Office... MORE »

Kiwibank warned over AML

Wednesday, October 28th, 11:26AM

The RBNZ found that during the period June 2013 to June 2014, Kiwibank did not always have fully compliant procedures in relation to customer due diligence (CDD) requirements... MORE »

TSB ups Fisher share

Tuesday, October 20th, 9:02PM

TSB has almost doubled its stake in Fisher Funds... MORE »

Goldman Sachs shifts trading

Tuesday, October 20th, 8:50PM

Goldman Sachs staff are understood to have been told of proposals to shut its securities trading operation in New Zeland and move functions to Australia... MORE »

AMP launches app

Tuesday, October 20th, 1:33PM

AMP has launched its first app, to give customers the ability to track their retirement savings and some insurances from their mobiles... MORE »

Most Ombudsman cases go in banks' favour

Monday, October 19th, 10:50PM

Banks' poor customer service was the cause of almost half the complaints to the Banking Ombudsman in the past year... MORE »

Warminger date set

Monday, October 19th, 12:43PM

The Financial Markets Authority’s case against former Milford Asset Management portfolio manager Mark Warminger will be called at the Auckland High Court for timetabling orders to be made on November 13... MORE »

IOOF class action

Sunday, October 18th, 7:58PM

IOOF is refusing to answer questions about what a class action in Australia could mean for its New Zealand business... MORE »

Investors plan legal action

Friday, October 16th, 10:25AM

The Ross Asset Management Investors Group (RAMIG) is approaching its members about raising funds to get independent legal advice... MORE »

Advice firm awarded

Tuesday, October 13th, 7:58PM

Advice firm Global Financial Services won the Excellence in Customer Service award at the recent Westpac Auckland South Business Awards... MORE »

Perpetual provides NZDF wills

Tuesday, October 13th, 7:21PM

Perpetual Guardian is writing wills for the New Zealand Defence Force as a supplier to Milestone Direct... MORE »

AMP gets DIMS licence

Sunday, October 4th, 8:20PM

AMP has been granted a DIMS licence.

AMP’s licence enables appointed AFAs to provide class DIMS on the AMP Wealthview platform... MORE »

Kerr and Barnes battle it out over sale of Perpetual Trust

Thursday, October 1st, 10:57AM

George Kerr's Pyne Gould Corporation says it is suing Bath Street Capital and its owner Andrew Barnes for at least $22 million, plus interest, over the sale of Perpetual Trust... MORE »

Robinson admits more crimes

Wednesday, September 30th, 11:26AM

A former financial adviser who is serving a prison sentence has been convicted of more crimes... MORE »

Generate ticks over $100 million

Monday, September 28th, 9:21PM

Generate KiwiSaver has amassed more than $100 million in funds under management... MORE »

Fourth OPI director pleads guilty

Friday, September 25th, 3:47PM

Anderson is the last OPI Pacific Finance director to plead guilty to two charges under the Securities Act 1978, in a prosecution taken by the Financial Markets Authority... MORE »

3rd OPI/MFS director pleads guilty

Friday, September 18th, 3:54PM

A third former director of OPI Pacific Finance (formerly MFS), Craig Robert White, has pleaded guilty to misleading investors... MORE »

Former OPI/MFS directors get fine and community service

Friday, September 18th, 10:31AM

Two former directors of failed finance company OPI Pacific (formerly MFS) have been given sentences of community work and a fine... MORE »

Partners capital raising complete

Tuesday, September 15th, 10:55AM

Partners Life has completed its latest round of capital raising, and netted just under $27 million... MORE »

AMP adds another major TV sponsorship

Tuesday, September 8th, 5:06PM

AMP has been named as the  broadcast sponsor of The Block NZ: Villa Wars which will screen on TV3 later this year... MORE »

Apteryx sale complete

Sunday, August 30th, 9:04PM

NZX has announced it has completed its purchase of wrap provider Apteryx... MORE »

OPI/MFS directors plead guilty

Friday, August 21st, 4:16PM

Two former directors of failed finance company OPI Pacific Finance (formerly MFS) have pleaded guilty to charges of making untrue statements... MORE »

RAM clawback notices issued

Tuesday, August 18th, 8:49PM

About 25 Ross Asset Management investors have received a notice telling them the company’s receivers want to claw back returns they received... MORE »

AIA number one at MDRT

Thursday, August 13th, 9:11AM

AIA Group has a total of 3,752 agents registered as Million Dollar Round Table (MDRT) members making it the top ranking multi-national company on the group’s membership list... MORE »

Super Fund gets responsible investing nod

Wednesday, August 12th, 11:48PM

The New Zealand Superannuation Fund is performing well a responsible investor, ranking among the top tier globally, the manager of the Fund, the Guardians of New Zealand Superannuation, says... MORE »

CPD turned into game

Monday, August 10th, 4:52PM

Co-op Money NZ is turning AML/CFT staff training into a game... MORE »

C+M payout inches closer

Wednesday, August 5th, 5:47PM

Capital + Merchant receivers are closer to making a distribution to investors... MORE »

NZX trades up

Wednesday, August 5th, 5:30PM

Total equity trades were up 16.5% in July, compared to the year before, NZX says... MORE »

Latest Comments
  • Grosvenor picks up another $440 million in FUM
    “Nice FUM for Grosvenor but the party is pretty much over for volume QROPS business. Also good to hear the funds will enter...”
    2 days ago by John Milner
  • RFA standards set to lift
    “@R1, I heard the interview on Radio NZ and thought the same thing. The Minister does not seem to have a handle on the industry...”
    2 days ago by Graeme Tee
  • The birth of the Retirement Income Group
    “Ralph here, thank you for taking the time to respond. We have built the product to support advisers who provide retirement...”
    2 days ago by Ralph Stewart
  • MJW missed their chance
    “Let me summarise the argument: MJW (and banks): Commission paid to non-tied advisors is too high. Advisors: If MJW...”
    3 days ago by b p
  • RFA standards set to lift
    “The other elephant in the room is the QFE's and their advisers (be they AFA'a or staff) (mis-)selling their products and...”
    3 days ago by R1
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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.99 4.85 5.05 5.10
ANZ Special - 4.35 4.49 -
ASB Bank 6.00 4.85 4.99 5.25
ASB Bank Special - 4.39 4.49 4.49
BankDirect 6.00 4.85 4.99 5.25
BankDirect Special - 4.39 4.49 4.49
BNZ - Mortgage One 6.40 - - -
BNZ - Rapid Repay 5.99 - - -
BNZ - Special - 4.35 4.39 -
BNZ - Std, FlyBuys 5.99 4.85 5.09 5.19
BNZ - TotalMoney 5.89 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.45 5.75 5.75 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society ▼5.95 ▼4.85 ▼5.05 -
Housing NZ Corp 6.49 5.19 5.49 5.59
HSBC Premier 6.10 4.25 4.49 4.99
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - 4.25 4.25 -
ICBC 5.60 4.69 4.69 4.99
Kiwibank 5.90 4.85 5.10 5.25
Kiwibank - Capped - - - -
Kiwibank - Offset 5.90 - - -
Kiwibank Special - 4.49 4.49 4.85
Liberty - - - -
Napier Building Society 6.50 5.80 6.70 -
Nelson Building Society 6.35 5.20 5.40 -
NZ Home Loans 6.10 5.39 5.49 5.69
Perpetual Trust 7.70 - - -
Lender Flt 1yr 2yr 3yr
Resimac 5.59 5.24 5.29 5.39
SBS Bank 5.89 4.85 5.05 5.19
SBS Bank Special - ▼3.99 4.49 4.79
Sovereign 6.10 4.85 4.99 5.25
Sovereign Special - 4.39 4.49 4.49
The Co-operative Bank 5.95 ▲4.39 4.49 ▼4.75
TSB Bank 5.99 4.85 4.95 5.25
TSB Special - 4.35 4.39 4.79
Wairarapa Building Society 6.20 5.75 5.95 -
Westpac 6.15 4.85 5.05 5.10
Westpac - Capped rates - 6.15 6.15 -
Lender Flt 1yr 2yr 3yr
Westpac - Offset 6.15 - - -
Westpac Special - 4.39 4.39 4.65
Median 6.10 4.85 4.99 5.14

Last updated: 27 November 2015 9:11am

News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

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