Air NZ hits new lows, leading NZX50 to worst week since September 2024
The local benchmark was weighed down by trade-exposed firms on Friday.
Air New Zealand crashed to all-time lows in a week when the national carrier led the S&P/NZX 50 index to its steepest weekly decline in 18 months, as surging jet fuel prices prompt airlines around the world to cancel flights as their margins get squeezed.
The local benchmark dipped on Friday in a mixed session across Asia, with trade-exposed firms such as Mainfreight, Port of Tauranga and ...MORE»
Tariffs, Tehran and TurbulenceWednesday, March 11th, 11:40AM
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SBS readies to expand into adviser marketTuesday, March 10th, 8:55AM
SBS is expanding its long-held direct-to-consumer model to start working with third-party advisers, too. MORE» |
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Moneta: Strengthening KiwiSaver advice with digital tools from OMNIMax
KiwiSaver had always been part of client conversations at Moneta. But as compliance expectations increased and clients began expecting faster, clearer, and more digital experiences, the team saw an opportunity to enhance the way they delivered KiwiSaver advice. MORE »
Aurora moves management of KiwiSaver inhouse
Maangement of the Aurora KiwiSaver Scheme is being moved inhouse from FundRock.
Aurora Chief Executive Sharon Mackay says FundRock’s involvement has provided a strong foundation for the scheme’s success to date.
Bringing management of the scheme in-house to Hive Funds is expected to improve operational efficiency and provide greater flexibility to enhance the scheme over time for the benefit of advisers and members.
Hive Funds is a New Zealand-based licensed ...MORE»
Advising on KiwiSaver can create "a moat" for adviser's businesses: GenerateMonday, March 9th, 8:56AM
Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business. MORE» |
Former financial adviser cops minimal fineFriday, March 6th, 9:28AM 2 comments
Former financial adviser David McEwen has been convicted and fined for breaching FMA stop orders; but the fine imposed was minimal. MORE» |
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News Bites
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Shaw and Partners buys Wellington advice firm
Shaw and Partners, previously JMI Wealth, has expanded its reach buying a Wellington-based financial planning business. MORE»
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GoodReturns TV
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
Tariffs, Tehran and Turbulence
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Partners Life tells advisers it’s working on lifting service levels
Partners Life says it’s continuing to work on improving its service levels, implementing a number of reviews and plans to go paperless by mid-year. MORE»
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TMM Online
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Baden Martin lands new gig at non-bank lender
Baden Martin takes on General Manager role at non-bank lender. MORE»
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Haven focusses on adviser growth
Haven focusses on adviser development with the appointmentof a head of adviser growth and success. MORE»
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Advising on KiwiSaver can create "a moat" for adviser's businesses: Generate
Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business. MORE»