F&P Healthcare propels share market higher
New Zealand’s largest listed company, Fisher & Paykel Healthcare, gave the share market a boost as it surged 5.5 percent after reporting a 73 percent increase in nine-month revenue.
The S&P/NZX 50 Index rose 221.24 points, or 1.7 percent, to 13,333.43. Within the index, 27 stocks rose, 18 fell and five were unchanged. Turnover was $201.9 million.
After months of the index’s direction being dictated by international trends, local corporate news drove today’s climb while other Asian markets declined on concerns over a covid outbreak in China. Parts of Beijing ...MORE»
NZX Wealth Technologies adds another client and expects moreFriday, January 22nd, 6:00AM
NZX Wealth Technologies has won a competitive tender to put Public Trust on its new platform. MORE» |
FADC finds against AFA in Code of Conduct caseWednesday, January 20th, 7:21PM
[UPDATED] A highly experienced financial adviser has been found to have breached two code standards by the Financial Advisers Disciplinary Committee. MORE» |
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Going beyond the returns: embracing fintech to deepen human connections
Digital technology has continued to play a vital role in the financial services sector since the late 60s, when the first ATM was introduced. MORE »
FMA seeks consultation on investor exclusion exemption notice
The FMA are seeking industry feedback on the Financial Markets Conduct (Wholesale Investor Exclusion) Exemption Notice 2017, which will expire on February 4, 2022.
The FMA have released a request for all interested people including wholesale investors, banks, brokers, issuers and legal advisers to reach out to them with comment informing their review of the Financial Markets Conduct (Wholesale Investor Exclusion – $750,000 Minimum Investment) Exemption Notice 2017.
The current FMC Act provides statutory exclusions from the standard requirements of the ...MORE»
Five reasons why responsible investment will keep growingTuesday, January 19th, 6:21AM
Responsible Investment Association chief executive Simon O'Connor gives five reasons why RI will continue to grow this year. MORE» |
Effective vaccine, better earnings spur on marketsMonday, January 18th, 6:23AM
The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets. MORE» |
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Exemption given for Australian advisers allowed to work in NZ
Australian financial advisers have been given an exemption to operate in New Zealand. 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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On the industry play-list: four chart-topping regulations for 2021
Mint Asset Management head of sales and marketing, David Boyle, spins some old regulatory classics and new releases due to set the beat for the financial services industry this year. MORE»
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[Opinion] Embracing change key to supporting advice
Gail Costa, Cigna New Zealand chief executive, reflects on 2020 and how embracing change is vital to the future of advice. MORE»
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TMM Online
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ASB, BNZ, Kiwibank slash rates
ASB and BNZ have joined their big four rivals in slashing their one year special rates to 2.29%, while Kiwibank has also made cuts, as downward pressure continues in the home loan market. MORE»
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Cigna’s adviser network strengthens with swathe of new appointments
Focusing on growth in the adviser market, Cigna New Zealand has announced its expansion across the country with several key appointments. MORE»
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Juno to increase KiwiSaver fees, not pursuing default status.
Juno KiwiSaver funds are increasing fees for some clients, not going to pursue default provider status. MORE»
