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Last Article Uploaded: Tuesday, July 16th, 6:03PM
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Shares fall for second consecutive day; AIA, FAP and ATM lead declines

New Zealand shares fell for a second day on light volumes, with heavyweights Auckland International Airport, Fisher & Paykel Healthcare and A2 Milk weighing on the broader index. Meridian Energy and Contact Energy rose as the government considers plans for faster transport electrification.

Tuesday, July 16th, 6:02PM

The S&P/NZX 50 Index decreased 15.36 points, or 0.1 percent, to 10,651.20. Within the index, 26 stocks fell, 15 rose, and nine were unchanged. Turnover was $83.7 million, with just five companies trading on volumes of more than a million shares.

Stock markets across Asia were subdued, with no firm lead from Wall Street ahead of second-quarter US corporate earnings. The next major domestic reporting ...MORE»

Pathfinder-backed KiwiSaver to target gender diversity

Tuesday, July 16th, 9:59AM  2 comments

A new KiwiSaver scheme launching today will only invest in New Zealand listed companies that have at least one female director on their boards.

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Former ANZ wealth boss joins Pie

Tuesday, July 16th, 6:00AM

ANZ’s former general manager of wealth products has taken a role with Pie Funds.

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CFP numbers predicted to lift

Financial Advice NZ is launching a marketing fund to promote the CFP mark in New Zealand.

Monday, July 15th, 6:00AM

The issue of how the association will balance promoting the merits of CFP when not all its members hold the standard has been a topic of discussion in the industry.

Financial Advice NZ administer the CFP mark in New Zealand.

There are now about 285 people in New Zealand with the CFP designation, up from 279 at the end of 2017.

Financial Advice NZ chief executive Katrina Shanks said the Financial ...MORE»

[The Wrap] Woes continue for ANZ

Friday, July 12th, 4:50PM  1 comment

It seems problems keep mounting up for ANZ with news today investors in New Zealand's biggest ponzi scheme, Ross Asset Management, has started legal action against ANZ.

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Ross investors launch action against ANZ

Friday, July 12th, 2:03PM

Investors who lost money in Ross Asset Management are chasing ANZ for compensation.

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New identity for Iress

Friday, July 12th, 5:02PM

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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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Proposals would disrupt business models: Faafoi

Tuesday, July 16th, 6:00AM

Commerce Minister Kris Faafoi has acknowledged that the insurance sector could find recommendations for industry change, contained in recent options papers, confronting. MORE»

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Markets price in 85% chance of rate cut: BNZ

Monday, July 15th, 5:43PM

Financial markets are pricing in a 85% chance of a August Official Cash Rate cut, according to new analysis from BNZ. MORE»

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Former ANZ wealth boss joins Pie

Tuesday, July 16th, 6:00AM

ANZ’s former general manager of wealth products has taken a role with Pie Funds. MORE»

KiwiSaver Sponsored by: 

Pathfinder-backed KiwiSaver to target gender diversity

Tuesday, July 16th, 9:59AM  2 comments

A new KiwiSaver scheme launching today will only invest in New Zealand listed companies that have at least one female director on their boards. MORE»

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