FMA keeps close watch on Covid-19 misbehaviour
The Financial Markets Authority is warning that it is keeping a close eye on the financial services sector as the country grapples with the fallout from the Covid-19 disruption.
It revealed on Tuesday that it had contacted an RFA – whom it would not name – over misleading social media posts about the virus.
The posts, written like news articles, cited costs for Covid-19 hospitalisations in China – supposedly up to $250,000 – before recommending people living in New Zealand get health insurance to avoid the same financial risk, especially young children ...MORE»
Auckland Airport rallies after $1b placement; NZ market disconnects from offshore eventsTuesday, April 7th, 6:21PM
New Zealand shares rose as Auckland International Airport resumed trading after successfully raising $1 billion in a discounted placement to shore up its balance sheet. MORE» |
Adviser warned over misleading Covid-19 adsTuesday, April 7th, 12:30PM
A registered financial adviser is in the gun after posting misleading insurance information about Covid-19. MORE» |
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ASSET Magazine: The Covid 19 issue
ASSET is available in a digital format during the Covid 19 crisis. In this issue we look at what advisers can do to help their clients during this time.
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CareSaver: Active management doing what it shouldTuesday, April 7th, 6:00AM
New KiwiSaver provider CareSaver is claiming a win for active, ethical management as its funds beat competitors through the Covid-19 market turbulence. MORE» |
Managers ramp up communicationSunday, April 5th, 1:42PM
Fund managers’ communication channels have been put into overdrive by market downturns around the world – and some predict it could change the way KiwiSaver members engage with their investments in future. MORE» |
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AML warnings issued
The Financial Markets Authority has issued a formal warning to NZX-accredited broker Tiger Brokers for not having adequate AML protection in place. MORE»
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GoodReturns TV
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[GRTV] Investment themes for this decade
AMP Capital managing director Bevan Graham talks about the topic of the momnet, corona virus, the big investment theme for this decade and the future of the business post the sale of AMP. MORE»
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Adviser warned over misleading Covid-19 ads
A registered financial adviser is in the gun after posting misleading insurance information about Covid-19. MORE»
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TMM Online
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Non-banks offer payment holidays
Non-bank lenders Avanti Finance and Resimac will offer borrowers repayment reduction options and deferrals amid the Covid-19 crisis. MORE»
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Former AIA head of sales and distribution joins Instant Finance
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Our $100 billion debt of gratitude
Sir Michael Cullen: The man who helped New Zealanders make better financial decisions. MORE»
