NZX50 dips amid choppy Middle East peace talks
A2 Milk rallied as Chinese registration paved the way for a special dividend.
New Zealand’s S&P/NZX 50 index dipped in the first day of the week as tensions persisted through US and Iran peace negotiations, ultimately making progress for further discussions despite President Donald Trump’s threatening strikes if Hezbollah continued attacking Israel.
The energy sector was the biggest drag on the local bourse, with Meridian Energy, Mercury NZ and Vector weighing ...MORE»
National plays KiwiSaver cardSunday, June 21st, 5:07PM
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory. 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» |
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CastlePoint Funds sold (again)
PG Funds Limited, part of the Perpetual Guardian Group, has entered into an agreement to sell CastlePoint Funds Management.
Picture: Devon CEO Josh WIlson. Supplied.
Devon Funds Management will acquire and manage the Castle Point Funds scheme next month subject to standard approvals. The scheme was acquired by the Group in mid-2024.
Patrick Gamble, CEO of the Perpetual Guardian Group, says, “Our primary focus has been to the people who have entrusted their savings to these funds. Every decision we have made since ...MORE»
Pathfinder cements its dominance in ethical awardsFriday, June 19th, 8:48AM
Pathfinder has again taken out the top awards in Mindful Money's annual ethical investing awards. MORE» |
Today's retirees feeling priced out of retirementThursday, June 18th, 1:30PM
New Zealand retirees are being squeezed financially from multiple directions at once, leaving little room to move on fixed incomes, a new survey from Lifetime Retirement Income shows. 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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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
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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. MORE»

