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Last Article Uploaded: Friday, November 22nd, 2:10PM
Latest Headlines

NZ Funds launches new options

NZ Funds says its new suite of KiwiSaver-esque funds are designed to be used in conjunction with a financial advice process to help investors hit their goals.

Friday, November 22nd, 5:00AM

It is launching a new WealthBuilder range next week which offers similar funds to its KiwiSaver offering, but comes without the rules of the retirement savings scheme.

It includes an income strategy, inflation strategy and growth strategy fund. The fees are in line with those charged by KiwiSaver, ranging up to 1.65%. Investors can invest direct but there is no additional fee in using a financial ...MORE»

NZ shares fall as US-China trade concerns weigh on markets; Ryman slips

Thursday, November 21st, 6:14PM

New Zealand shares joined the lull across Asia-Pacific markets as investors grow increasingly pessimistic about China-US trade relations. Ryman Healthcare fell on disappointment that its earnings forecast wasn't stronger.


Insurance, KiwiSaver could help out-of-work NZers

Wednesday, November 20th, 8:43PM

New Zealanders could be covered by mandatory unemployment insurance, or required to set up portable redundancy savings accounts linked to KiwiSaver, to help boost income security, the Productivity Commission has suggested.


Details confirmed for transitional licensing

The Financial Markets Authority has confirmed the standard conditions it will require of those seeking a transitional financial advice provider (FAP) licence under the new regime.

Wednesday, November 20th, 6:00AM  1 comment

Licensing opens on November 25.

FAPs will be required to create, in a timely manner, and maintain adequate records in relation to their financial advice services.

The records must be kept in a form and manner that ensures the integrity of the information and enables it to be conveniently inspected and reviewed.

The FMA said records could be in any language as long as there was an accurate summary ...MORE»

Life stages research shows big differences in outcomes

Tuesday, November 19th, 6:43AM  1 comment

Lifestages funds are a better option for savers than default KiwiSaver funds, but they’re not all created equal, new research from MyFiduciary suggests.


Share windfall disappoints

Monday, November 18th, 6:10AM

A woman who was expecting $1 million from the sale of shares and instead only received $24,000 took a complaint about the trustee responsible for the sale to FSCL.


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News Bites

Morningstar backs InvestNow

Wednesday, November 20th, 8:53PM

Morningstar has deployed a suite of web components for retail investment platform InvestNow. MORE»

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»

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Health insurance coverage jumps

Monday, November 11th, 8:45PM

Just over 1.4 million New Zealanders now have health insurance, a figure the Health Funds Association says shows that people can see the value in it. MORE»

TMM Online

NZCU Baywide buys Co-op Money NZ

Friday, November 22nd, 9:54AM

Credit union NZCU Baywide has acquired Co-op Money NZ, the supplier of infrastructure and banking services to the nation's credit unions and building societies. MORE»

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Fidelity appoints chief underwriter

Thursday, November 21st, 9:38PM

Fidelity Life has appointed a new chief underwriting manager. MORE»

KiwiSaver Sponsored by: 

Nikko attracts big balances

Wednesday, November 20th, 10:37PM

Nikko’s new KiwiSaver scheme is attracting savers with large balances, rather than large numbers of savers. MORE»

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