NZX50 starts May on a high, climbs 1.3% this week

Fletcher led the index higher as building consents point to increased activity.

New Zealand’s S&P/NZX 50 index snapped two weekly declines as the benchmark index gained 1.3% this week, as more modest pricing intentions by firms gave investors reason to reconsider how aggressively the Reserve Bank would hike interest rates later this year.

Fletcher Building led the NZX50 higher on Friday in a broad-based rally on both sides of the Tasman as oil prices subsided from recent ...MORE»

Sharesies opens advice offering to New Zealand investors Friday, May 1st, 6:43PM Investment platform Sharesies has 20,000 people signed up to its advice offering, which is now available to the full New Zealand market. MORE»

What the FAP landscape looks like now Thursday, April 30th, 8:02AM  3 comments New Zealand had 10 percent more financial advice providers (FAPs) in 2025 than it did in 2024, new Financial Markets Authority (FMA) data shows, and about 20,000 advisers and nominated representatives offering advice. MORE»

SaaSacre – Generational buying opportunity or Great Value Destroyer?

Octagon Asset Management Equity Analyst James Cameron asks whether AI will kill SaaS companies or will some prosper?

By James Cameron

Since the start of the year, the US software complex has de-rated sharply. The S&P North American technology software proxy (IGV) was down roughly 25% at the February lows before rebounding, but the broader message has been clear: selling has been broad-based across Software as a Service. Software as a Service (Saas) is the licensing of software over the internet instead of installing ...MORE»

ANZ's growth and balanced KiwiSaver returns take first place Wednesday, April 29th, 8:47AM Every dog has its day, they say, and ANZ’s growth and balanced KiwiSaver options were the best performers in their categories in a March quarter that delivered negative returns across the board. MORE»

KiwiSaver value for money not set and forget Tuesday, April 28th, 8:23AM  1 comment Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. MORE»

News Bites

FMA to tackle Finfluencers

The Financial Markets Authority has joined regulators across the globe in a co-ordinated Global Week of Action Against Unlawful Finfluencers to tackle the risks involved with unlawful financial promotions by online influencers. MORE»

GoodReturns TV

Fisher Funds moves to woo advisers back

After years of neglecting the adviser market, the investment manager is going on the charm offensive.   MORE»

SaaSacre – Generational buying opportunity or Great Value Destroyer?

Octagon Asset Management Equity Analyst James Cameron asks whether AI will kill SaaS companies or will some prosper? MORE»

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Fidelity postponses Engage

Fidelity Life postpones Engage 2026 to protect event quality and adviser experience. MORE»

TMM Online

ANZ's reliance on mortgage advisers eases a little

Mortgage advisers originated 58% of ANZ Bank New Zealand’s home loans in the six months ended March, down from 59% in the same six months a year earlier. MORE»

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AIA revamps its distribution team

AIA has made changes to its distribution leadership and adviser support model. MORE»

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KiwiSaver value for money not set and forget

Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. MORE»