Late surge narrows NZX50’s April decline to 0.1%
ANZ’s latest business confidence survey wasn’t too scary.
New Zealand’s S&P/NZX 50 index shrugged off surging oil prices as US President Donald Trump ratchets up the pressure on Iran, with the local market one of the best performers across Asia to almost unwind its decline through April.
KMD Brands posted the sharpest decline in the month as it shed almost half its value and a2 Milk Co tumbled 25%, while Skellerup Holdings, Genesis Energy, Napier ...MORE»
What the FAP landscape looks like nowThursday, April 30th, 8:02AM 1 comment
New Zealand had 10 percent more financial advice providers (FAPs) in 2025 than it did in 2024, new Financial Markets Authority (FMA) data shows, and about 20,000 advisers and nominated representatives offering advice. MORE» |
ANZ's growth and balanced KiwiSaver returns take first placeWednesday, April 29th, 8:47AM
Every dog has its day, they say, and ANZ’s growth and balanced KiwiSaver options were the best performers in their categories in a March quarter that delivered negative returns across the board. MORE» |
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New fund range answers adviser call for flexible KiwiSaver alternative
Booster’s Wealth Series is the Wellington-based fund manager’s answer for investors looking to combine a level of active management with competitive value. MORE »
Moneta: Strengthening KiwiSaver advice with digital tools from OMNIMax
KiwiSaver had always been part of client conversations at Moneta. But as compliance expectations increased and clients began expecting faster, clearer, and more digital experiences, the team saw an opportunity to enhance the way they delivered KiwiSaver advice. MORE »
NZX50 sinks on return from long weekend; My Food Bag rallies on review
Ampol-owned Z Energy will supply extra diesel for the expanded Marsden Point storage.
New Zealand’s S&P/NZX 50 index tumbled in its return from the long weekend, in a mixed day across Asia as Brent crude price pushed higher amid the stalemate between the US and Iran, and as health stocks such as Fisher & Paykel Healthcare and Ebos Group remained out of favour after ASX-listed Cochlear’s profit warning last week.
Channel Infrastructure was among the day’s gainers ...MORE»
KiwiSaver value for money not set and forgetTuesday, April 28th, 8:23AM 1 comment
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. MORE» |
NZ Super Fund ruling likely to increase scrutiny on investment processesWednesday, April 22nd, 6:21AM
Fund managers are considering the implications of a High Court ruling which found the NZ Super Fund did not properly address human rights issues in its investing. MORE» |
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News Bites
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FMA to tackle Finfluencers
The Financial Markets Authority has joined regulators across the globe in a co-ordinated Global Week of Action Against Unlawful Finfluencers to tackle the risks involved with unlawful financial promotions by online influencers. MORE»
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GoodReturns TV
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
Markets intepret OCR review to be on the hawkish side
Financial markets have interpreted the Reserve Bank’s official cash rate (OCR) decision as somewhat more hawkish than expected, pushing the Kiwi dollar higher while wholesale interest rates also rose. MORE»
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Fidelity postponses Engage
Fidelity Life postpones Engage 2026 to protect event quality and adviser experience. MORE»
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TMM Online
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One-year fixed spot on for borrowers - ANZ
ANZ economists see little value in fixing mortgages for more than one year from a pure cost perspective. MORE»
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Squirrel appoints fixed income heavyweight
Squirrel has appointed a Head of Managed Funds to drive further managed fund growth and innovation. MORE»
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KiwiSaver value for money not set and forget
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. MORE»
