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Last Article Uploaded: Monday, October 14th, 10:57PM
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Sky soars on NZ Rugby deal; Market up overall

New Zealand shares rose, led by a strong recovery in Sky Network Television after the pay-TV operator all-but secured rugby broadcasting rights in a deal that will also bring NZ Rugby on as a substantial shareholder.

Monday, October 14th, 6:54PM

The S&P/NZX 50 Index increased 102.89 points, or 0.9 percent, to 11,026.60. Within the index, 29 stocks rose, 14 fell, and seven were unchanged. Turnover was $115.3 million, of which Sky accounted for $14.6 million.

Sky jumped 19 percent to $1.06, unwinding much of last week's savaging, after saying it secured the rights to broadcast domestic and international rugby in New Zealand from 2021 ...MORE»

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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Three themes a top fund manager is watching closely

Sunday, October 13th, 1:56PM

Markets are full of conflicting message at the moment. In this feature the Harbour Asset Management team explain what's happening and how the are positioning their portfolios.

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Govt seeks feedback on disclosure rules

Clients will have to be clearly told what fees they are likely to pay, and what commissions an adviser will receive, under draft disclosure regulations revealed by the Government this week.

Friday, October 11th, 5:00AM  2 comments

The Ministry of Business, Innovation and Employment (MBIE) has issued its draft regulations, seeking feedback on the disclosure requirements that will sit alongside the new financial advice regime.

The first requires any financial advice provider to keep a record of every disclosure made in accordance with the rules.

Then, as a matter of course, MBIE suggests advisers make publicly available the ...MORE»

ASB confirms Aegis sale

Thursday, October 10th, 2:24PM

ASB has sold its investment administration and custody businesses, Aegis Limited and Investment Custodial Services.

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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.

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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»

Insurance Centre Sponsored by: 

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
  

Price wars continue with ANZ rate cuts

Monday, October 14th, 5:59PM

Borrowers are set to enjoy even lower mortgage rates after ANZ slashed its fixed rate options to new lows. MORE»

People and Events Sponsored by: 

[Obituary] Camelot founder farewelled

Sunday, October 13th, 8:55PM

Brian Klee remembers Alan Power, a key figure in New Zealand's insurance industry history. MORE»

KiwiSaver Sponsored by: 

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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