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Last Article Uploaded: Friday, May 27th, 7:52PM

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NZ shares slide into the weekend

New Zealand’s benchmark equity index fell marginally on Friday, bringing the full week decline to roughly 1.8%.

Friday, May 27th, 7:31PM

New Zealand’s benchmark equity index fell marginally on Friday, bringing the full week decline to roughly 1.8%.

The S&P/NZX 50 Index fell 38 points, or 0.3%, to 11,065.15. Turnover was $112.1 million.

Fleet management company Eroad led the decline for a second day, falling 7.4% to $2.52 as investors continued to react to the company underperforming expectations in its full year result.

Jarden ...MORE»

FMA offers assistance over FAP “areas of concern”

Friday, May 27th, 8:37AM  2 comments

The Financial Markets Authority (FMA) says it wants to help advisers overcome a pattern of inadequate record keeping in the past.

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Top ethical managers named

Thursday, May 26th, 8:34AM  1 comment

A growing number of entries in this year's Mindful Money awards demonstrates the growth in ethical investing. The finalists have been named.

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Government needs to better fund FMA: Industry

The financial services sector fears the Government is pulling back on its funding of the Financial Markets Authority (FMA) at the same time as it is loading it with greater responsibilities.

Wednesday, May 25th, 7:36AM  1 comment

In effect, they say the state contribution to the FMA process is diminishing as a share of its total running costs.

This is despite headline figures showing an increase in funding in the last budget.

The chief executive of the Financial Services Council Richard Klipin says the state share of the costs will slip over four years from 17% to 16%.

The rest of the budget, 84% will be made up by levies ...MORE»

Fund managers seek clarity on FMA’s expectations on fees and commissions

Tuesday, May 24th, 6:06AM  4 comments

Fund managers are beginning to stick their heads over the parapet in the wake of the release last week of the FMA’s Valuer for Money report into KiwiSaver and managed fund fees.

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[The Wrap] Three things we learnt from the FMA Value for Money report

Saturday, May 21st, 3:18PM  3 comments

Here are three things we learnt from the Financial Markets Authority Value for Money report. While there is some good stuff in the report there are also things the industry should be worried about.

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Flint Wealth gets responsible

Tuesday, April 12th, 11:20AM

Newly minted investment platform Flint Wealth embraces ethical investing. MORE»

GoodReturns TV
  

[GRTV] It's time to rethink responsible investing

Thursday, May 26th, 11:08AM

Kōura Wealth chief executive Rupert Carlyon says responsible investing is good but it's time to rethink some aspects of how it is done. MORE»

Investments
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Allbirds, from darling to disaster

Friday, May 20th, 9:15AM  1 comment

In this article we have a look at why Allbirds listing has been such a wild ride. MORE»

Insurance Centre Sponsored by: 

The new-client conveyor-belt is broken

Wednesday, May 25th, 10:52AM  1 comment

There is a crisis developing in insurance and advisers can step up to fix the problem. MORE»

TMM Online
  

Basecorp secures more funding

Friday, May 27th, 4:36PM  1 comment

Non-bank lender Basecorp has finalised its biggest funding raise to date. MORE»

People and Events Sponsored by: 

Another key appointment at Mosaic

Friday, May 27th, 5:21PM

Highly experienced bank executive latest to join Mosaic. MORE»

KiwiSaver Sponsored by: 

Voluntary savings continue in KiwiSaver – ASB

Thursday, April 7th, 7:36AM

A significant minority of people are making voluntary contributions to their KiwiSaver schemes to take advantage of volatile market conditions, according to research by ASB. MORE»

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