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Last Article Uploaded: Thursday, October 22nd, 7:28PM

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Westpac dropping adviser wing to Forsyth Barr

Westpac in talks to sell its adviser wing to Forsyth Barr in a move that could signal the end of advice from the big Aussie banks

Thursday, October 22nd, 6:55AM  4 comments

The move has been confirmed by Westpac who said in a statement that “we are in consultation with 32 Westpac NZ employees in our wealth team about a proposal to sell part of our wealth advisory business to Forsyth Barr.”

Principal at Financial Focus, Murray Weatherston told Good Returns that “given what the banks have done in Australia, it’s been a pretty sure bet that the same ...MORE»

It's time sharebrokers had uniform fee disclosure

Wednesday, October 21st, 7:03PM

NZ Funds chief executive Michael Lang says it is time sharebrokers based a uniform fees disclosure regimes like managed funds.

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AMP KiwiSaver members should expect major fee reduction

Wednesday, October 21st, 6:53AM  6 comments

Chris Douglas of My Fiduciary has said that AMP KiwiSaver members who have seen their funds switch from active to passive should expect a major reduction in fees.

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AMP change KiwiSaver from active to passive

Major switch up in the KiwiSaver investment strategy for AMP NZWM

Tuesday, October 20th, 10:14AM

AMP’s New Zealand Wealth Management (NZWM) have today announced that their actively managed KiwiSaver funds will be switching to a predominantly index-based investment approach.

The KiwiSaver scheme and it’s 220,000 members will be switching to a passive investment structure managed by US-based fund managers BlackRock Investment Management.

As well as managing the AMP KiwiSaver scheme ...MORE»

a2 Milk – growth stocks and downgrades don’t mix well

Tuesday, October 20th, 6:00AM  1 comment

A case study in understanding how downgrades impact growth stocks, by Castle Point's Stephen Bennie.

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Hunter: KiwiSaver funds in global shares liable for tax slippage

Monday, October 19th, 6:00AM  4 comments

Hunter Investment Management have warned that investors, including some KiwiSaver funds could be losing out to tax slippage due to buying global shares through offshore unit trusts.

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South Canterbury Finance final rites

Wednesday, October 14th, 7:37AM

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[GRTV] Financial advice transformed my life: Shanks

Saturday, October 10th, 11:27AM

Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»

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a2 Milk – growth stocks and downgrades don’t mix well

Tuesday, October 20th, 6:00AM  1 comment

A case study in understanding how downgrades impact growth stocks, by Castle Point's Stephen Bennie. MORE»

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Asteron (and Suncorp) appoints new boss

Thursday, October 15th, 1:10PM  1 comment

Suncorp, which includes Asteron Life, has promoted the head of claims to the role of chief executive. MORE»

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High LVR investor lending up 134%

Wednesday, October 21st, 5:06PM

Investors have taken advantage of relaxed loan to value ratio restrictions to borrow 134% more on high LVR terms, analysis from ASB reveals.  MORE»

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New board members announced at Financial Advice NZ

Wednesday, October 14th, 11:36AM  2 comments

Financial Advice has increased the size of its board with two new independent directors; plus it has elected a risk practitioner. MORE»

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It's time sharebrokers had uniform fee disclosure

Wednesday, October 21st, 7:03PM

NZ Funds chief executive Michael Lang says it is time sharebrokers based a uniform fees disclosure regimes like managed funds. MORE»

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