NZX 50 inches higher in mixed Asian trading; oil prices rise
Fletcher Building secures a government loan to keep making concrete in Northland.
New Zealand’s S&P/NZX 50 index inched higher in a mixed day across Asia as the tech rout on Wall Street knocked the likes of Japan’s SoftBank and South Korea’s Samsung Electronics, while Chinese markets rallied as two major state funds lifted their holdings of domestic equities.
Local travel companies shrugged off the prospect of higher fuel costs as Auckland International Airport ...MORE»
Government looking at wholesale investor loopholeFriday, July 17th, 10:37AM
The government has finally agreed to start looking at closing the wholesale investment loophole. MORE» |
How not to become the Kākāpō of Financial AdviceThursday, July 16th, 6:00AM 5 comments
[OPINION] Industry veteran Grant Pearson argues with the advent of AI financial services needs to evolve quickly or it will face an uncertain future. MORE» |
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The Friction Test: What the market gets wrong about AI disruption
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[GRTV] How to get better access to advice
Watch FMA Director of Deposit Taking, Insurance, and Advice Michael Hewes talks about access to financial advice, what the regulator can do and the role stakeholders play.
You can read a full transcript of the interview here. ...MORE»
NZX50 slides as renewed Middle East tensions lift oil pricesMonday, July 13th, 6:17PM
Xero drops as CEO sells shares. MORE» |
Adviser complains about ANZ campaignMonday, July 13th, 8:38AM 3 comments
A financial adviser has complained to the Financial Markets Authority about an ANZ campaign offering people $100 to sign up to its KiwiSaver scheme. MORE» |
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News Bites
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Russell Investments sold
A US consortium is planning to buy Russell Investments. MORE»
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GoodReturns TV
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[GRTV] How to get better access to advice
Watch FMA Director of Deposit Taking, Insurance, and Advice Michael Hewes talks about access to financial advice, what the regulator can do and the role stakeholders play. MORE»
Harbour rolls out new global multi-manager fund
Harbour launches a new global equities fund to address concerns about over-exposure to the United States. MORE»
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Medical costs and premiums rising unsustainably – what can advisers do to help their clients?
[OPINION] MORE»
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TMM Online
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Why speed and flexibility matter more than ever for SME lending
Bizcap’s flexible product suite helps New Zealand partners solve more SME funding scenarios with speed, choice and confidence. MORE»
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Pie Funds pushes into adviser market
Pie Funds appoints experienced manager to spearhead advance into the adviser market. MORE»
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Annual reviews ‘not serving clients’
KiwiSaver advisers who are reviewing their clients’ investments on an annual basis probably aren’t serving them as well as they could, the founder of an AI business says. MORE»
