NZ investors will move their money if funds prove non-ethical
New research commissioned by Mindful Money and RIAA shows that 58% of New Zealanders would consider switching their investments to another provider if their current fund was inconsistent with their values.
As New Zealand prepares to release its sustainable finance roadmap, new research shows that more than three-quarters (78%) of New Zealanders with KiwiSaver or other investments believe that ethical or responsible investments perform better in the long term.
The new study, conducted by Dynata for Mindful Money and the Responsible Investment Association Australasia (RIAA), highlights the significant ...MORE»
Second market fall stopped by F&P Healthcare reboundWednesday, October 28th, 10:05PM
A share price bounce for Fisher & Paykel Healthcare helped inch the S&P/NZX 50 index higher today as a resurgence of covid-19 in the United States and Europe weighed on some stocks. MORE» |
Northern Trust wins bid for ANZ’s passive investment suiteWednesday, October 28th, 6:27AM
Asset management firm Northern Trust will take over ANZ’s $5 billion passive investment suite from outgoing Vanguard Group. MORE» |
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It’s time to level up and address the needs of the modern investor
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Should Australian financial advisers be allowed into NZ?
The FMA are wanting to hear the industry’s thoughts on a proposal to recognise that Australian qualified advisers meet the standards of the new code of conduct.
In a statement released today the FMA have announced that they are seeking industry insights and opinions on a new provision to be added to the FSLAA when it rolls out on March 15 next year.
The provision is specifically related to the Code of Professional Conduct for Financial Advice Services, which will apply to all persons who give regulated financial advice to retail clients.
In a statement the ...MORE»
[The Wrap] Divorce for AMP Wealth Management and AMP CapitalSaturday, October 24th, 6:36AM 3 comments
AMP Wealth Management's decision to move $10 billion of funds to a passive mandate in international hands leaves more questions than answers. MORE» |
FMA: Dangers of economic uncertainty in a post-covid worldFriday, October 23rd, 6:00AM
Lack of investor education, KiwiSaver fund switches, and complex scams, all signs of economic uncertainty here to stay, says FMA. MORE» |
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Should Australian financial advisers be allowed into NZ?
The FMA are wanting to hear the industry’s thoughts on a proposal to recognise that Australian qualified advisers meet the standards of the new code of conduct. MORE»
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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»
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Investments
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a2 Milk – growth stocks and downgrades don’t mix well
A case study in understanding how downgrades impact growth stocks, by Castle Point's Stephen Bennie. MORE»
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Fidelity Life appoints new CEO
Fidelity Life appoints new CEO from large international insurer. MORE»
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TMM Online
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How low could mortgage rates go?
With the Reserve Bank poised to offer more support to the economy, ASB economists predict home loan rates will plummet further into the new year. MORE»
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New board members announced at Financial Advice NZ
Financial Advice has increased the size of its board with two new independent directors; plus it has elected a risk practitioner. MORE»
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KiwiSaver: The opportunity set of a lifetime
NZ Funds chief executive Michael Lang outlines three ways the financial services industry could further grow KiwiSaver. MORE»
