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Last Article Uploaded: Thursday, October 17th, 11:17PM
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NZ shares fall as Pushpay follows Aussie software firms lower

New Zealand shares fell, led by Pushpay Holdings, as the payments app developer got dragged down by pessimistic analyst reports on ASX software firms Wisetech Global and Afterpay.

Thursday, October 17th, 6:06PM

The S&P/NZX 50 Index declined 36.78 points, or 0.3 percent, to 11,141.86. Within the index, 22 stocks fell, 20 rose, and eight were unchanged. Turnover was $106.6 million.

Pushpay led the market lower, down 3.1 percent at $3.15 on a volume of 1.5 million shares, more than twice its 90-day average of 620,000. Investor sentiment for trans-Tasman software firms soured after J Capital Research issued ...MORE»

Advisers not dropping out, Financial Advice NZ says

Thursday, October 17th, 6:52AM  1 comment

Financial Advice NZ says most advisers plan to remain in the sector under the new licensing regime – and most will take their own licence.

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New advice fee model for KiwiSaver

Wednesday, October 16th, 6:00AM

Milford Asset Management has launched an innovative new way to pay advisers for giving advice on its popular KiwiSaver funds.

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NZ shares rise; F&P Healthcare gains for 3rd day

New Zealand shares rose, as Fisher & Paykel Healthcare extended its run after raising earnings guidance yesterday on an earlier than expected US regulatory approval.

Tuesday, October 15th, 6:19PM

The S&P/NZX 50 Index increased 18.74 points, or 0.2 percent, to 11,045.34. Within the index, 23 stocks rose, 18 fell, and nine were unchanged. Turnover was $163.8 million.

F&P Healthcare rose for a third day, up 2.6 percent at $18.79 on a volume of 1.3 million shares, more than its 90-day average of 545,000. The breathing mask regulator hit a record $19.05, adding to yesterday's rally ...MORE»

Legislation overload 'could have unintended consequences'

Tuesday, October 15th, 6:00AM

New rules of conduct for banks and insurers could be bad news for organisations already grappling with the looming implementation of the Financial Services Legislation Amendment Act, one law firm says.

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Couillault returns to funds business

Monday, October 14th, 6:00AM

Warren Couillault's Hobson Wealth has teamed up with Anthony Edmonds' business to create a range of new funds to fill the "advice-gap".

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FE Investments gets ratings boost on capital raise

Friday, October 4th, 8:04PM

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GoodReturns TV
  

Time for changes to KiwiSaver

Wednesday, September 25th, 3:43AM

KiwiSaver has done well in its first 12 years, but David Boyle only gives it a score of 6.5 or 7 out of 10. In this interview with Good Returns TV he discusses changes he would like to see. MORE»

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BDMs put through level five to understand adviser experience

Sunday, October 13th, 9:26PM

Asteron Life is putting all of its business development managers through the level five financial services qualification so they can better understand what the new requirements are for advisers. MORE»

TMM Online
  

Mortgage Lab and Kepa plan for new regime

Wednesday, October 16th, 3:15PM

The Mortgage Lab will be an authorised body underneath Kepa's financial advice provider licence under the new regulatory regime.  MORE»

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Investment manager appointed at Midlands

Monday, October 14th, 7:49PM

Midlands Mortgage Trust has appointed an investment manager. MORE»

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FMA: Time to show what KiwiSaver members get for fees

Thursday, October 10th, 6:00AM  6 comments

KiwiSaver providers can expect pressure to show what value they're giving members, after an analysis prepared for the Financial Markets Authority showed they charge higher fees than comparable British funds. MORE»

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