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Last Article Uploaded: Thursday, March 4th, 6:00PM


Latest Headlines

Shares tumble as Synlait pulls guidance

New Zealand shares took a dive as milk processor Synlait pulled its earnings guidance and interest rates moved higher.

Thursday, March 4th, 5:58PM

The S&P/NZX 50 Index fell 134.76 points, or 1.1 percent, to 12,224.5. Within the index, 29 stocks fell, 15 rose and six were unchanged. Turnover was $178 million.

Synlait had already forecast its annual net profit would be approximately half the 2020 financial year result, today it said it will not even hit that target.

Ongoing uncertainty from the company’s cornerstone shareholder and ...MORE»

RIAA calls on industry to think beyond carbon

Thursday, March 4th, 6:00AM

Investors and fund managers need to think more broadly about climate impact.


How can the industry engage with retail investor craze?

Wednesday, March 3rd, 6:45AM

As the lockdown-induced spike in retail investing is causing market craziness globally, what can advisers and fund managers do to bring retail investors back to the side of the sane?


Strategi offers ‘Covid assistance pack’ to advisers

A support package has been made available – by industry compliance centre Strategi Group – to advisers whose preparation for regulation change has been impacted by Covid.

Tuesday, March 2nd, 6:04AM

As New Zealand deals with another alert level shift, financial advisers are likely feeling additional stress. Approaching regulatory changes and providing additional support to clients during the pandemic adds to the pressure.

Trying to mitigate stress levels for the industry, compliance group Strategi has released a “Covid assistance pack”. Its aim being to help those in financial services ...MORE»

AMP Capital: Ares and AMP pursue 60/40 partnership

Friday, February 26th, 12:23PM

AMP and Ares Management Corporation have today announced that they have entered into an agreement to pursue the formation of a joint venture for AMP Capital’s private markets businesses.


Concern adviser outreach may be shackled by FMA ad guidance

Friday, February 26th, 6:23AM  5 comments

Financial advice New Zealand CEO Katrina Shanks says that the FMA’s proposed ad guidance could constrain advisers' ability to connect with the public.


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Are interest rates on the rise?

Monday, March 1st, 8:27AM

ASB has increased term deposit interest rates across the board, a sign that rates have begun to rise from historic lows. MORE»

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[GRTV] Financial advice transformed my life: Shanks

Saturday, October 10th, 11:27AM

Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»

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How share splits and consolidation affect the value of a business

Tuesday, March 2nd, 6:48AM

In this article we discuss the share splits and share consolidations and what they mean for investors. MORE»

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Six-month results show nib NZ earnings holding up

Monday, February 22nd, 5:47PM

Premium revenue increase of 7.9% reflects “pleasing” post-Covid trend. MORE»

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New aggregator gets cybersecurity boost

Thursday, March 4th, 10:04AM

CRM provider Trail has achieved a cybersecurity certification that it hopes will boost its new aggregator group, the Kiwi Adviser Network.  MORE»

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[OBITUARY] Marie Quinn: Friend and colleague to many

Monday, February 22nd, 4:00PM  2 comments

CFP John Milner shares his experience as a friend and colleague of "this warrior woman" who held the industry to account.  MORE»

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IRD to fork out $6.6 million for KiwiSaver pay delay

Monday, February 22nd, 9:07AM

After delays due to a move to a new technology platform, the IRD are having to compensate many KiwiSaver accounts to the tune of $6.6 million. MORE»

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