Tax change to boost listed funds
Tax changes due this year should give Smartshares’ listed ETFs a boost, its chief executive says.
Once the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Bill is passed, probably in late March, Inland Revenue will be able to provide PIEs with the correct PIRs for their investors, rather than relying on individual investors to elect their correct PIR, as happened in the past.
There’ll also be an end-of-year square-up to make sure people only pay tax on their PIE income at the correct ...MORE»
NZ shares fall as the risk of global pandemic risesTuesday, February 25th, 6:08PM
New Zealand shares joined a global rout after the spread of coronavirus cases outside China caused stocks across Europe and the US to plunge as investors sought to avoid the risk of a global pandemic. MORE» |
Inland Revenue outlines GST planTuesday, February 25th, 6:41AM
Inland Revenue wants to introduce special rules for determining the GST treatment of fund manager and investment manager services. MORE» |
Sponsored Content
Wealthpoint questions efficiency of authorised bodies
With time running out until new regulatory reforms are introduced in late June 2020, Wealthpoint has followed with interest the industry discussions taking place about various FAP structures that may exist post June. MORE »
[GRTV] Sam Dickie's 2020 outlook
Susan Edmunds speaks to Sam Dickie senior portfolio manager from Fisher Funds about their recent Good Returns Fund Manager of the Year recognition; and gets the low-down on Fisher Funds' investment philosophy and approach for the year.
TO HEAR THE FULL INTERVIEW – Listen to the Podcast here
Full transcript of the interview available here.
Also available on SoundCloud. ...MORE»
[The Wrap] Regulators need to be wary of AMP Life dealFriday, February 21st, 6:01PM 5 comments
One of the biggest deals in New Zealand’s financial services industry is going on largely unnoticed at the moment; arguably because there is so much other change going on at present. It’s time the spotlight was put on the deal. MORE» |
NZ Super Fund: Some coronavirus losses will be recovered, others gone for goodFriday, February 21st, 7:17AM
Coronavirus is likely to take the heat out of the global economy, the NZ Super Fund says, but it still expects 2020 to be a less turbulent year than 2019. MORE» |
|
News Bites
|
FMA debate: Passive v Active
|
GoodReturns TV
|
[GRTV] Sam Dickie's 2020 outlook
Susan Edmunds speaks to Sam Dickie senior portfolio manager from Fisher Funds about their recent Good Returns Fund Manager of the Year recognition; and gets the low-down on Fisher Funds' investment philosophy and approach for the year. MORE»
|
Sponsored by: |
|
Nothing to worry about AMP Life says
AMP Life executive general manager Thérèse Singleton has told advisers there is nothing to worry about with the proposed sale of the business to Resolution Life. MORE»
|
TMM Online
|
Southern Cross loan book nears $225 million
Peer-to-peer lender Southern Cross Partners expects its loan book to reach $225 million in the year to March, an increase of nearly 50% on 2019. MORE»
|
Sponsored by: |
|
Expanded role to replace Watney
Southern Cross Health Society has tweaked its top team to replace departing chief marketing officer Chris Watney. MORE»
|
Sponsored by: |
|
How active is your KiwiSaver manager?
Active v passive – a popular discussion topic. Michael Lang discusses the features and benefits of both options. MORE»
