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Last Article Uploaded: Monday, August 20th, 12:54PM
Latest Headlines

nib on deal hunt as profits rise

Health insurer nib is on the lookout for acquisitions after posting an operating profit of $27.4 million for its New Zealand business last year.

Monday, August 20th, 12:08PM

The company said the profit boost, in the year to June, was up 3.8% on the previous financial year. Revenue in New Zealand grew by 1.9% to $214.9 million over the year, the company said in a statement to the Australian Stock Exchange.

It comes as nib Holdings, the group’s Australian parent company, recorded an operating profit of A$184.4 million, and profit after tax of A$133.5 million.

The company has revealed it is on the lookout for potential acquisitions in New Zealand ...MORE»

Investor confidence drops

Monday, August 20th, 6:32AM

Managed funds’ strong performance over recent years hasn’t been enough to convince investors they should put their money in them.


[The Wrap] FARs just RFAs spelt differently; Invest responsibly

Friday, August 17th, 2:00PM  1 comment

Advisers get a wake up call on regulation and given a date to make a decision by; Ignoring responsible investing isn't an option and a case of spinning numbers.


Ballantyne opens up on her career

Partners Life managing director Naomi Ballantyne has opened up on her time in the life insurance industry in a new podcast.

Friday, August 17th, 8:35AM

In “High Altitude” she talks about her upbringing and how she ended up with a career in life insurance.

She also talks in detail about her time at Sovereign and how she had to leave after ASB bought the business.

One of the reasons is that the bank had a different way of running the business and that didn’t sit with the culture and philosophy she had been building at the company.

Ballnatyne says the bank had the right to make the changes it did but she would have looked like a hypocrite if she implemented them ...MORE»

Kiwi managers become more responsible

Friday, August 17th, 6:00AM

New Zealand fund managers doubled the amount of money they allocated to responsible investment strategies last year, according to a new study on environmental, social, and governance practices.


NZ shares rise as Skellerup posts record profit

Thursday, August 16th, 6:21PM

New Zealand shares rose, led higher by a record profit from Skellerup Holdings, as investors focused more on domestic earnings than volatility in global markets. Precinct Properties New Zealand also gained.


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News Bites

Ross investors upset at distribution plan

Thursday, August 9th, 8:54PM

The High Court has ruled on how recovered Ross Asset Management funds should be distributed, and some investors are not happy. MORE»

GoodReturns TV

[GRTV] The case for index funds

Tuesday, July 10th, 6:00AM

S&P Dr Tim Edwards details the case for index funds and why they are a better option than active funds. MORE»

Insurance Centre Sponsored by: 

Financial planning should be the natural friend of good insurance coverage

Monday, August 20th, 12:39PM

Sooner or later, reduced liabilities and increased capital must replace insurance. MORE»

TMM Online

Lower long-term rates predicted

Friday, August 17th, 2:12PM

Advisers and economists have predicted lower interest rates for longer, after Westpac slashed its five year fixed rate by 60 basis points. MORE»

People and Events Sponsored by: 

Perpetual Guardian appoints head of Investment Advice

Wednesday, August 15th, 9:47AM

Former Head of Private Wealth at Trustees Executors takes up new role at Perpetual Guardian.  MORE»

KiwiSaver Sponsored by: 

NZ Funds targeting clients' points of pain

Monday, August 13th, 6:00AM

NZ Funds has launched a new pension transfer service with a difference: its nationwide UK pension transfer team are offering to do the transfer advice and processing free of charge, before passing the client back to their adviser to be advised within the context of their usual ongoing advice relationship. MORE»

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Latest Comments
  • [The Wrap] FARs just RFAs spelt differently; Invest responsibly
    “Your comment in regard to officials wanting to get rid of acronyms like AFA and RFA resonated with me. So I BICHOK: (Butt...”
    18 hours ago by mike6156@gmail.com
  • Article research and adviser perceptions
    “Great thinking here JP. I would endorse the thinking that product research is a factor in supporting a particular recommendation,...”
    1 day ago by Tony Vidler
  • Shanks meets Faafoi
    “@Roderick He's not fast asleep, he's just letting all his cronies get on with it, without interfering. There is an article...”
    3 days ago by Eyeinthesky
  • Article research and adviser perceptions
    “Hi JP, Good article. I feel that research is a platform to help inform and educate an advice position that the financial...”
    3 days ago by RussellH
  • Shanks meets Faafoi
    “Actually Tash the article only refers to an "Adviser" no mention of what type so we shouldn't assume it's an investment adviser....”
    4 days ago by gavin austin adviser business compliance
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