Heartland Bank dominates market
New Zealand shares were little changed in a quiet trading session while Australian investors were off work on a long weekend.
Heartland Group led the market higher with the S&P/NZX 50 Index rising 11.78 points, or 0.1%, to 12,562.17. Within the index, 11 stocks fell, 36 rose and three were unchanged. Turnover was light at $91.9 million.
Shares in Heartland Group Holdings jumped 6.1% to $2.09. Last week, the lending company raised its earnings guidance to between $85m and $86m.
Jarden analysts gave the stock a ‘buy’ ...MORE»
Saving KiwiSaver: why contributions matter more than feesMonday, June 14th, 8:50AM 2 comments
Fees have been in the spotlight recently but Mint head of sales and marketing, David Boyle, explains why we need to dig deeper to understand what is really stopping KiwiSaver members from saving... MORE» |
[The Wrap] A big picture view of financial planningSunday, June 13th, 5:10PM
This week I had a global view on what’s happening in the financial advice world at the annual MDRT conference. MORE» |
Sponsored Content
TAP into everything you need for your FAP
TAP are 100% behind the independent adviser market and believe, with the right support, advice firms of any size can operate their own FAP with confidence. MORE »
National criticises new conduct bill
The new bill to regulate conduct of financial institutions started its second reading in Parliament yesterday and was immediately criticised by the National Party.
Minister Poto Williams started the second reading of the Financial Markets (Conduct of Institutions) Amendment Bill yesterday outlining the changes and why new regulations were needed.
However, National MP Nicola Willis immediately criticised it as "...a compliance heavy, box ticking exercise".
Willis said her party opposes the bill but acknowledged the fact that "...financial ...MORE»
Financial Advice NZ launches new liability cover offeringFriday, June 11th, 6:28AM 3 comments
Financial Advice NZ has launched its new liability programme giving its almost 1700 members access to a range of insurance products including much sought after PI and runoff cover. MORE» |
[GRTV] Getting good returns from fixed interestWednesday, June 9th, 6:14AM 1 comment
My Fiduciary principal Chris Douglas reveals how he is investing in fixed income in this low interest rate environment and gives his views on the great KiwiSaver shakeout. MORE» |
|
News Bites
|
Sponsored by: |
|
FSC launches competition for school students
|
GoodReturns TV
|
[GRTV] Getting good returns from fixed interest
My Fiduciary principal Chris Douglas reveals how he is investing in fixed income in this low interest rate environment and gives his views on the great KiwiSaver shakeout. MORE»
|
Investments
|
Sponsored by: |
|
Saving KiwiSaver: why contributions matter more than fees
Fees have been in the spotlight recently but Mint head of sales and marketing, David Boyle, explains why we need to dig deeper to understand what is really stopping KiwiSaver members from saving... MORE»
|
Sponsored by: |
|
Suncorp NZ invests in a technology-enabled workforce
Asteron Life's parent company Suncorp New Zealand says it's doubling down on developing a technology-enabled workforce after success in adapting to fully remote work during last year’s Covid-19 lockdowns. MORE»
|
TMM Online
|
Turnaround times slow to improve
The slight fall in mortgage lending activity in recent months has not yet translated to a meaningful improvement in turnaround times, according to advisers. MORE»
|
Sponsored by: |
|
Rival Wealth gains more experience in its Auckland office
Rival Wealth has added more industry experience to its new Auckland operation following the appointment of Barry Read as its general manager early last month. MORE»
|
Sponsored by: |
|
KiwiSaver: Young Kiwis in the wrong fund
The FMA are calling on young Kiwis to check they are in the right KiwiSaver fund following the large-scale switching during Covid-19 market fluctuations. MORE»
