NZ dollar nudges higher, NZX 50 dips as RBNZ hikes
Blue chips weigh on the benchmark index.
The Reserve Bank hiked the official cash rate 25 basis points to 2.5%, keeping the majority of forecasters happy as the central bank seeks to get ahead of any building inflationary pressures.
The S&P/NZX 50 index fell in a mixed day across Asian markets as renewed tensions between the US and Iran pushed oil prices higher, while blue-chip stocks such as Fisher & Paykel Healthcare and Infratil ...MORE»
[GRTV] What's happening in fixed interest marketsTuesday, July 7th, 6:00AM
Fisher Funds Portfolio Manager – Credit, Matt Logan discusses the latest happenings in the fixed interest market with Philip Macalister on Good Returns TV. MORE» |
KiwiSaver members need more advice at retirement, panellists sayMonday, July 6th, 9:09AM 1 comment
New Zealanders could get better results from KiwiSaver if they had more help through the decumulation phase, audience members at a recent Mercer conference were told. MORE» |
Sponsored Content
The Friction Test: What the market gets wrong about AI disruption
“The future is already here – it’s just not evenly distributed.” — William Gibson MORE »
Making Investment Advice Easier for Clients to Understand
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
Why 12% Could Be the Most Important Number in KiwiSaver
For years, New Zealand's retirement savings debate has revolved around broad concepts: adequacy, participation, and sustainability. The latest KiwiSaver discussion is more tangible. It centres on a single number.
By Greg Smith, Generate KiwiSaver Investment Specialist.
That number is 12.
National's proposal would gradually lift KiwiSaver contributions so that employees and employers each contribute 6% by 2032, creating a combined savings rate of 12%.
On the surface, it is simply a contribution increase. In reality, it represents something much bigger. It is a recognition that meaningful retirement outcomes ...MORE»
Ethical investing needs to grapple with AI challenges: PathfinderWednesday, July 1st, 6:00AM
Pathfinder chief executive John Berry says demand for ethical investing continues to grow, even as developments in technology throw up new challenges. MORE» |
Mortgage fraud and advisers’ commissions under the FMA microscopeTuesday, June 30th, 7:49AM 14 comments
The Financial Markets Authority (FMA) is going after advisers and FAPs who flout its rules and pose significant risks for borrowers. MORE» |
|
News Bites
|
Summit to examine financial advice policy, regulation, and professional standards
Financial Advice New Zealand is launching an Advice Policy Summit in conjunction with the Financial Planning Standards Board Asia Pacific Forum. MORE»
|
GoodReturns TV
|
[GRTV] What's happening in fixed interest markets
Fisher Funds Portfolio Manager – Credit, Matt Logan discusses the latest happenings in the fixed interest market with Philip Macalister on Good Returns TV. MORE»
Harbour rolls out new global multi-manager fund
Harbour launches a new global equities fund to address concerns about over-exposure to the United States. MORE»
|
Sponsored by: |
|
FMA focussed on fraud and commissions paid to advisers
The Financial Markets Authority highlights fraud and commissions as key areas of attention over the next 12 months. MORE»
|
TMM Online
|
OCR increase labelled a reduction in monetary stimulus
The Reserve Bank raised its official cash rate (OCR) to 2.5% from 2.25%, couching the move as “a reduction in monetary stimulus.” MORE»
|
Sponsored by: |
|
Milford Asset Management confirms three senior hires
Milford Asset Management has appointed a new head of private markets, head of global equities and head of wealth portfolios. MORE»
|
Sponsored by: |
|
Give Total Rem the flick if KiwiSaver compulsory
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion. MORE»
