NZX50 dips as heavyweights F&P Healthcare, Auckland airport decline
Infratil avoided the souring on the AI trade.
New Zealand’s S&P/NZX 50 index dipped for a second day, with heavyweights Fisher & Paykel Healthcare and Auckland International Airport the major drags on the local bourse, in a broadly softer day for risk-sensitive assets across Asia.
Infratil gained as it shrugged off declines among artificial intelligence-related companies across Asia, with South Korea’s Kospi slumping on renewed ...MORE»
Give Total Rem the flick if KiwiSaver compulsoryTuesday, June 23rd, 6:00AM 2 comments
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion. MORE» |
NZX50 dips amid choppy Middle East peace talksMonday, June 22nd, 6:29PM
A2 Milk rallied as Chinese registration paved the way for a special dividend. MORE» |
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National plays KiwiSaver card
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory.
Leader Christopher Luxon said on Sunday that the party was proposing to enrol every child born in New Zealand into KiwiSaver from birth, as of July next year, with a $1,500 kickstart.
Everyone would be required to be contributing to KiwiSaver or an equivalent scheme from July 2028 and would only be able to suspend contributions if they met the criteria currently used for a hardship withdrawal.
It ...MORE»
Second funds management firm sold todayFriday, June 19th, 2:15PM
Hot on the heals of Devon buying Castle Point Funds Management, Forsyth Barr has sold its Octagon Asset Management and Summer KiwiSaver scheme. MORE» |
CastlePoint Funds sold (again)Friday, June 19th, 11:25AM
PG Funds Limited, part of the Perpetual Guardian Group, has entered into an agreement to sell CastlePoint Funds Management. MORE» |
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Summit to examine financial advice policy, regulation, and professional standards
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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»
SpaceX and the South Sea bubble - the historical parallels
The proposed IPO of SpaceX at a valuation reportedly approaching US$1.8 trillion prompts comparison with one of history's greatest speculative manias. MORE»
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Partners permanent premium reduction
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KiwiSaver an option for mortgage advisers seeking ongoing income, provider says
Mortgage advisers looking for another stream of income as trail commission becomes harder to find are looking at their options in KiwiSaver, one provider says. MORE»
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Kirwan to take over Apex
Former Fidelity Life executive Bronwyn Kirwan is taking over as Chief executive at Apex Advice. MORE»
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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»
