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Last Article Uploaded: Tuesday, October 22nd, 7:15AM
Latest Headlines

Retirement Commissioner: Consider KiwiSpend

Acting Retirement Commissioner Peter Cordtz is lending support to the idea of KiwiSpend – a Government-administered annuity to help people turn KiwiSaver savings into an income.

Tuesday, October 22nd, 6:00AM

The idea was originally proposed by Susan St John and Claire Dale at the University of Auckland’s Retirement Policy and Research Centre.

In the past year, the amount of money being withdrawn by people aged 65 and over increased 43%, to just over $1 billion.

A survey by IRD found most were taking their money out in full.

St John and Dale said that left retirees without protection from the risk ...MORE»

NZ shares edge lower as global ructions weigh; Tourism Holdings sinks

Monday, October 21st, 7:51PM

New Zealand shares edged lower as global investors were unnerved by the uncertainty over the Brexit outcome and a slowing pace of growth in China. Tourism Holdings dropped to a two-month low.


Mercer questions sustainability of NZ pension scheme

Monday, October 21st, 6:00AM

New Zealand’s pension system has been rated B- and placed eighth in the world in a new index, with a warning that it’s not sustainable.


[The Wrap] Millennial investors, KiwiSaver and property investment

It was a surprise to see the Retirement Commissioner drop a press release suggesting KiwiSaver should be able to be used to buy investment property.

Saturday, October 19th, 9:00AM

My first reaction was this is stupid. KiwiSaver is meant to be a locked-in scheme for people’s retirement.

But with a little more thought I’ve come around to thinking it’s not such a dumb idea.

A key part of my argument is that millennials have a very different approach to investing. (You’ll read more about this in our magazines, but one of the takeouts is that advisers wanting ...MORE»

Advisers welcome Aegis sale

Friday, October 18th, 6:00AM  1 comment

Advisers are optimistic about the future for Aegis now that ASB has agreed to sell the platform to MMC.


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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FE Investments gets ratings boost on capital raise

Friday, October 4th, 8:04PM


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

ANZ reveals stance on FAPs

Monday, October 21st, 7:47AM

ANZ has laid out its position on the new regulatory regime, stating it will work with adviser businesses and groups that hold a financial advice provider licence. MORE»

People and Events Sponsored by: 

Wealthpoint expands head office team

Monday, October 21st, 6:57AM

New adviser group Wealthpoint has made two new head office appointments 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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