Turbulent skies for travel stocks
The reported covid community case in Northland is giving investors plenty to chew on.
Shares in Auckland International Airport and Air New Zealand fell in trading today as the market took into account more covid uncertainty after a woman who left managed isolation on Jan. 13 tested positive.
The S&P/NZX 50 Index rose 0.49 percent, to 13,399. Turnover was $166.1 million.
Investment adviser at Hamilton Hindin Greene, Grant Davies, said the new case raised the prospect of a new lockdown ...MORE»
On the industry play-list: four chart-topping regulations for 2021Sunday, January 24th, 9:20AM
Mint Asset Management head of sales and marketing, David Boyle, spins some old regulatory classics and new releases due to set the beat for the financial services industry this year. MORE» |
NZX Wealth Technologies adds another client and expects moreFriday, January 22nd, 6:00AM
NZX Wealth Technologies has won a competitive tender to put Public Trust on its new platform. MORE» |
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Going beyond the returns: embracing fintech to deepen human connections
Digital technology has continued to play a vital role in the financial services sector since the late 60s, when the first ATM was introduced. MORE »
FADC finds against AFA in Code of Conduct case
[UPDATED] A highly experienced financial adviser has been found to have breached two code standards by the Financial Advisers Disciplinary Committee.
The Financial Advisers Disciplinary Committee (FADC) has today published its decision regarding a case brought by the FMA. The case relates to alleged breaches of the Code of Professional Conduct for Authorised Financial Advisers.
It says that "this is a case about breaches of the Code". It is not about the integrity of the financial adviser. "There is no suggestion that she has ...MORE»
FMA seeks consultation on investor exclusion exemption noticeWednesday, January 20th, 6:00AM
The FMA are seeking industry feedback on the Financial Markets Conduct (Wholesale Investor Exclusion) Exemption Notice 2017, which will expire on February 4, 2022. MORE» |
Five reasons why responsible investment will keep growingTuesday, January 19th, 6:21AM
Responsible Investment Association chief executive Simon O'Connor gives five reasons why RI will continue to grow this year. MORE» |
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Exemption given for Australian advisers allowed to work in NZ
Australian financial advisers have been given an exemption to operate in New Zealand. MORE»
GoodReturns TV
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[GRTV] Financial advice transformed my life: Shanks
Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»
Investments
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On the industry play-list: four chart-topping regulations for 2021
Mint Asset Management head of sales and marketing, David Boyle, spins some old regulatory classics and new releases due to set the beat for the financial services industry this year. MORE»
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[Opinion] Embracing change key to supporting advice
Gail Costa, Cigna New Zealand chief executive, reflects on 2020 and how embracing change is vital to the future of advice. MORE»
TMM Online
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Call to risk-weight investor loans
Banks should be forced to risk-weight investor mortgages and loans on interest-only terms, according to economists from Kiwibank. MORE»
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Cigna’s adviser network strengthens with swathe of new appointments
Focusing on growth in the adviser market, Cigna New Zealand has announced its expansion across the country with several key appointments. MORE»
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Juno to increase KiwiSaver fees, not pursuing default status.
Juno KiwiSaver funds are increasing fees for some clients, not going to pursue default provider status. MORE»