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Last Article Uploaded: Thursday, March 21st, 5:58PM
Latest Headlines

Mint axes performance fees

Mint Asset Management is removing its performance fees on retail funds and founder Rebecca Thomas says the Financial Markets Authority should monitor what other managers are charging.

Friday, March 22nd, 6:00AM

The industry has been shifting away from performance fees in recent years but it follows a long run of strong markets, which have proved lucrative for many.

It was warned last year that some managers were claiming performance fees even when they did not outperform the market.

Mint’s Australia New Zealand Active Equity Trust (Retail) fund charges 10% on outperformance above the NZX50 plus 3% ...MORE»

NZ shares rise on Fed restraint, local GDP growth; Auckland Airport slides

Thursday, March 21st, 5:57PM

New Zealand shares rose after the US Federal Reserve signalled no rate rises there this year and local GDP data came in stronger than many economists had expected.  Auckland International Airport extended its decline from a record, while also shedding rights to its interim dividend.


Fund managers question social media investments

Wednesday, March 20th, 7:00PM

New Zealand fund managers may reassess their investments in Facebook in the wake of Christchurch’s mosque shootings, as a group of large-scale investors call for change.


FSLAB now next month's business

Anyone waiting for the Financial Services Legislation Amendment Bill to become law will have to hang on until at least April 2.

Wednesday, March 20th, 6:00AM

The bill had been at number five on the parliamentary order paper for today.

But, in the aftermath of the Christchurch mosque shootings, plans have changed.

Today's session including a speech from Prime Minister Jacinda Ardern and responses from other party leaders. The House then adjourned until Wednesday afternoon.

But the plan for Wednesday is also for a shortened session.

Leader of the ...MORE»

FNZC no longer

Tuesday, March 19th, 6:00AM

Investment and advisory firm FNZC is rebranding from the middle of this year.


Faafoi: Tell your clients how you're paid

Monday, March 18th, 6:00AM

Advisers need to give their clients information about commissions or other advice incentives that have the potential to influence the service they receive, the Commerce Minister says.


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ETFs popular with direct clients

Wednesday, March 20th, 9:25AM

Index funds are the top seller at InvestNow so more products have been added to the shelf. MORE»

GoodReturns TV

[GRTV] Great advice from the best

Friday, November 9th, 5:57PM

In our second show from the Financial Advice NZ conference Good Returns talks with popular keynote speakers Don Connelly and Michael Harrison. MORE»

Insurance Centre Sponsored by: 

Advisers need $2000, clients will pay $500

Thursday, March 21st, 6:00AM

Australian research has shown a disconnect between what clients are prepared to pay for risk advice and what advisers would need to charge – and commentators say the same situation would be found in New Zealand. MORE»

TMM Online

Four credit unions vote through merger

Tuesday, March 19th, 2:51PM

Four of New Zealand's major credit unions have voted 'yes' to a nationwide merger — but one party has dropped out of the deal.  MORE»

People and Events Sponsored by: 

de Marigny to leave AIA/Sovereign

Wednesday, March 20th, 2:00PM

AIA/Sovereign recruits from Hong Kong to fill Chief Partnership Insurance Officer following the resignation of a long-standing staffer MORE»

KiwiSaver Sponsored by: 

NZ Funds KiwiSaver Scheme top rated for service

Monday, March 11th, 3:42PM

NZ Funds was the top rated KiwiSaver Scheme in New Zealand for service with a score of 99% as ranked by Sorted. MORE»

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