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
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» |
Sponsored Content
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 »
Court ruling likely to concern KiwiSaver managers
A High Court ruling last week against the NZ Super Funds’ sustainable investment policy is likely to concern KiwiSaver managers.
The court ruled certain parts of the Guardians’ current sustainable investment policy documents do not comply with legislative requirements.
Under the law the NZ Super Fund must invest “in a manner consistent with avoiding prejudice to New Zealand’s reputation as a responsible member of the world community”.
The case, taken by the Palestinian Solidarity Network argued successfully ...MORE»
Craigs buys up Dunedin-based fin planning firmFriday, April 17th, 8:58PM
Craigs signals a broader move into financial planning with the acquiisiton of a Dunedin-based firm. MORE» |
NZX50 joins ASX200 lower as refinery fire weighsThursday, April 16th, 7:21PM
Ebos came in for some selling ahead of next week’s investor day. MORE» |
|
News Bites
|
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»
|
GoodReturns TV
|
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»
|
Sponsored by: |
|
Fidelity postponses Engage
Fidelity Life postpones Engage 2026 to protect event quality and adviser experience. MORE»
|
TMM Online
|
Economists at war over OCR forecasts
ANZ suggests the RBNZ will rise three times this year. Kiwibank says "reckless" rate hikes unwarranted. MORE»
|
Sponsored by: |
|
Squirrel appoints fixed income heavyweight
Squirrel has appointed a Head of Managed Funds to drive further managed fund growth and innovation. MORE»
|
Sponsored by: |
|
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»
