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Last Article Uploaded: Friday, September 20th, 4:29PM
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Strong response expected to KiwiSaver default review: Govt

Government officials expected the discussion paper proposing reform of the KiwiSaver default fund arrangement would provoke "full and rigorous debate", a cabinet paper reveals.

Friday, September 20th, 6:00AM

The Ministry of Business, Innovation and Employment has released the document issued to cabinet ahead of the discussion document's launch.

It said that the wide-ranging questions asked of the KiwiSaver scheme could be expected to spark a reaction.

"In terms of mitigating the risk of strong stakeholder responses, the discussion paper makes it clear that we are consulting on all options and ...MORE»

NZ shares gain; appetite for KFC helps Restaurant Brands hit record

Thursday, September 19th, 6:06PM

New Zealand shares rose, led by a recovery in fuel retailer Z Energy and as Restaurant Brands New Zealand hit a record.


Advisers directing clients to DIY: Hatch

Thursday, September 19th, 6:00AM  3 comments

Advisers are directing clients to digital platforms to carry out their investment plans, the general manager of Hatch, Kristen Lunman, says.


ASB adds impact to its fund range

ASB has added two new funds to its stable of investment options – the ASB KiwiSaver Scheme Positive Impact Fund and the ASB Investment Funds Positive Impact Fund. Both will have a focus on investing in companies that are making a positive impact on society or the environment.

Wednesday, September 18th, 9:13AM

The decision to launch the funds was based off an increasing demand from customers who want to put their savings to work to give the world a better future, but still want solid long term returns.

ASB’s executive general manager private banking, wealth and insurance Adam Boyd says, “these funds are a great option for those who want more than our broader approach to responsible investment ...MORE»

Commission structure may need Govt intervention: FMA

Wednesday, September 18th, 6:00AM  13 comments

An insurance industry reluctant to move on high upfront commissions may find the Government does it for it, the Financial Markets Authority says.


Insurer response 'not good enough'

Tuesday, September 17th, 10:03AM  6 comments

Commerce Minister Kris Faafoi says insurers are "passing the buck" to advisers.


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PMG closes fund early as oversubscribed

Friday, September 20th, 8:35AM


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[GRTV] Loyal Clients; Happy Clients

Wednesday, September 11th, 5:28PM


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Advisers feeling overwhelmed by change and scrutiny, group says

Thursday, September 19th, 11:11AM  1 comment

Financial advisers are struggling mentally with the amount of change they are being forced to go through and need more than just business and licensing support, one dealer group says. MORE»

TMM Online

OCR Preview: economists predict no change

Friday, September 20th, 9:26AM  1 comment

Economists believe the Reserve Bank will hold fire on making further cuts to the Official Cash Rate next week, with a further cut more likely in November. MORE»

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Anti-commission advocate appointed to FMA board

Friday, September 6th, 11:34AM  9 comments

Two new appointments have been made to the Financial Markets Authority board; One is opposes commission payments and the other a director who has polarised people. MORE»

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FSC KiwiSaver overhaul: Boost access to advice

Wednesday, September 11th, 6:00AM

Financial advice could be provided free or at a discount to SuperGold cardholders, or be made tax-deductible, the Financial Services Council has suggested among its package of recommendations to overhaul KiwiSaver. MORE»

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