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Last Article Uploaded: Wednesday, June 26th, 6:07PM
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NZ shares dip as investors eye Fletcher update

New Zealand shares snapped a three-day gain, edging lower as investors pored through the details of Fletcher Building's investor briefing in which it confirmed a small capital return and noted Australian trading conditions remain tough.

Wednesday, June 26th, 6:06PM

The S&P/NZX 50 Index decreased 10.24 points, or 0.1 percent, to 10,408.05. Within the index 21 stocks fell, 22 rose, and seven were unchanged. Turnover was $121 million.

Fletcher slipped 0.8 percent to $5.29 on a volume of 1.5 million shares, more than its 90-day average of 1.2 million. The company today unveiled plans to buy back as much as $300 million of stock, affirmed its annual earnings ...MORE»

Adviser spin-off 'good news for both sides'

Wednesday, June 26th, 6:00AM

AMP and its advisers could both be better off without agreements tying them to the business, commentators say.

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Licensing takes on some of code obligations

Tuesday, June 25th, 10:39AM

The Financial Markets Authority is consulting on two proposed standard conditions for transitional licensing - and they are things that are currently dealt with by the code of conduct for advisers.

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Research tool will expand adviser access to research: Douglas

A new research tool offered by MyFiduciary will help give smaller advice groups more access to information, principal Chris Douglas says.

Tuesday, June 25th, 6:00AM

MyFiduciary revealed last week that it had partnered with Morningstar to allow financial advice firms access to a MyFiduciary version of Morningstar’s Adviser Research Tool.

Morningstar’s ARC is a web-based tool designed to support financial advisers and brokers by providing independent research, data and market commentary on a variety of investment vehicles including managed funds, shares, ...MORE»

NZ shares outperform Asia on persistent demand for reliable income

Monday, June 24th, 8:00PM

New Zealand shares outperformed the rest of Asia as blue-chip stocks including Fisher & Paykel Healthcare, Auckland International Airport and Mainfreight remained in demand among investors in search of reliable income.

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Banks scrap sales incentives

Monday, June 24th, 2:32PM

New Zealand's banks have committed to ending sales incentives for frontline staff and their managers following pressure from regulators.

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Tahi backs motorsport

Wednesday, June 26th, 1:04PM

Booster’s investment fund Tahi has invested in transmission components manufacturer Dodson Motorsport. MORE»

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[GRTV] We have to prove we are not the bad guys: Ballantyne

Thursday, May 23rd, 12:25PM  2 comments

Partners Life managing director Naomi Ballantyne says the various regulatory reviews are putting huge pressure on life insurance companies and distracting them from their core business of paying claims. MORE»

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Insurers want public education

Wednesday, June 26th, 9:00AM

Insurers want more effort put into educating the public about insurance. MORE»

TMM Online
  

OCR on hold: economists predict August cut

Wednesday, June 26th, 2:29PM

The Reserve Bank has kept the Official Cash Rate on hold, but gave a clear signal rates may fall further. Economists say an August cut looks increasingly likely. MORE»

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Fund manager makes appointment

Tuesday, June 25th, 11:33AM

Fund Managers Central (FMCL), manager of Midlands Mortgage Trust (MMT), has appointed a new chief executive. MORE»

KiwiSaver Sponsored by: 

Mindful Money wants to boost ethical investment

Tuesday, June 25th, 6:00AM  2 comments

The founder of a new responsible investment platform wants to get all KiwiSaver members to think about where their money is invested. MORE»

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