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Last Article Uploaded: Wednesday, April 21st, 6:39PM

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Covid hits sharemarket - again

New Zealand’s share market fell in tandem with equity markets around the world as the global economy continues to be hampered by covid-19 despite vaccine rollouts.

Wednesday, April 21st, 6:37PM

The S&P/NZX 50 Index fell 143.21 points, or 1.1%, to 12,535.34. Within the index, 30 stocks fell, 16 rose and four were unchanged. Turnover was $147 million.

The fall wiped out almost all the progress made this month as the index moves up and down in volatile jolts, leaving jagged lines painted on the chart. 

Wall Street declined for a second time overnight Wednesday and Asian markets followed ...MORE»

Don't overstate importance of 2020 returns: FMA warns

Wednesday, April 21st, 12:14PM

The FMA has released a warning to fund managers to not overstate the importance of their 2020 returns due to large fluctuations in the market last year.

MORE»

A KiwiSaver's pandemic panic

Wednesday, April 21st, 6:00AM  2 comments

A recent complaint investigated by Financial Services Complaints Limited (FSCL) has highlighted the need for personal finance advice before making hasty decisions around changing KiwiSaver fund types.

MORE»

Aussie advisers: Not keen on digital advice

Over the ditch ASIC told an Australian Parliament select committee that Aussie advisers have no “appetite for digital advice”. Do Kiwi advisers feel the same?

Tuesday, April 20th, 6:24AM

As part of a consultation into affordable financial advice, the Australian Securities and Investments Commission (ASIC) told a select committee that “There is very little appetite for digital advice among existing advisers.”

ASIC reached this perspective on the market after going through 469 submissions from advisers, licensees and other industry stakeholders.

In answering ASIC’s ...MORE»

Advisers’ role in the National Strategy for Financial Capability

Monday, April 19th, 6:57AM  8 comments

Minister Clark has presented the National Strategy for Financial Capability to Parliament, Good Returns asks where do advisers fit into the overall plan?

MORE»

Duff calls time on a 63-year insurance career

Saturday, April 17th, 6:07AM

On January 15, 1958, Warren Duff joined the National Insurance Company in Dunedin beginning what was to be a 63-year career in the insurance industry.

MORE»

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Speedy uptake of property fund offer

Tuesday, April 20th, 5:30PM

Investor thirst for returns shows in strong and speedy take-up for PMG, who received a full subscription of $68 million for their Pacific Property Fund. MORE»

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[GRTV] Financial advice transformed my life: Shanks

Saturday, October 10th, 11:27AM

Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»

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Carmel Fisher swims off to retirement

Wednesday, April 21st, 5:24PM

Fisher Funds founder Carmel Fisher is retiring from the boards of three listed investment trusts. MORE»

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Cigna applies new commissions for advisers

Friday, April 16th, 1:59PM  1 comment

Cigna New Zealand has released details of its new commission structure that came into force at the beginning of this week. MORE»

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Squirrel launches 95% mortgage

Wednesday, April 21st, 9:18AM

Squirrel Mortgages has launched a 95% mortgage for first home buyers, offering rates as low as 4.09%. MORE»

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Returning Kiwi bolsters ranks at Generate KiwiSaver

Wednesday, April 21st, 11:06AM

A former JP Morgan employee has moved back to New Zealand to take up a role with Generate KiwiSaver. MORE»

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A KiwiSaver's pandemic panic

Wednesday, April 21st, 6:00AM  2 comments

A recent complaint investigated by Financial Services Complaints Limited (FSCL) has highlighted the need for personal finance advice before making hasty decisions around changing KiwiSaver fund types. MORE»

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