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Last Article Uploaded: Wednesday, November 25th, 10:42PM

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Shares soar amid flurry of local news

Most New Zealand shares rose amid a flurry of mixed news from local companies and increasing confidence shown by offshore investors.

Wednesday, November 25th, 10:42PM

The S&P/NZX 50 Index rose 114.60 points, or 0.9 percent, to 12.667.98. Within the index, 29 stocks rose, 15 fell and six were unchanged. Turnover was $280.3 million.

Overnight, US financial markets continued to trade on the expectation that vaccines could mean 2021 would be a return to normal, with further encouragement coming from President-Elect Joe Biden naming a dovish former chair of the ...MORE»

Swan flies in; Graham lands new gig

Wednesday, November 25th, 11:54AM

Yesterday we reported on who landed the AMP Capital managing director role, today we tell you were the former MD is going.

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AMP Capital insider flies into top job

Wednesday, November 25th, 6:07AM

AMP Capital named its new managing director to replace Bevin Graham.

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NZ investors targeted by scammers: Why advisers need to take note

A recent FMA report revealed that more NZ investors are becoming the target of scammers. Industry insiders say advisers would do well to be on their guard.

Tuesday, November 24th, 5:57AM

A recently released report from the FMA has revealed that since the outbreak of Covid there has been a notable rise in financial scams targeting New Zealand investors.

The report revealed that there had been a rise in fraudsters impersonating legitimate New Zealand companies in attempted scams. It also showed that one in five Kiwis had been approached by an investment scammer.

While the FMA’s ...MORE»

NZ shares rally as retail data rebounds

Monday, November 23rd, 6:28PM

Most New Zealand shares rose as local retail data showed the largest quarterly rise since 1995, with investors taking the rebounding sales as a sign of ongoing economic recovery.

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[The Wrap] What to make of changes in dealer group land

Sunday, November 22nd, 2:14PM

There's long being talk of rationalisation amongst the dealer groups, but to see the two big insurance groups go in quick succession wasn't something many would have predicted.

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Financial Advice NZ and FMA partner to launch full licensing application guide

Thursday, November 12th, 4:46PM

The free event, happening November 17 both online and in-person, will be a chance for advisers to see the FMA’s full licence application guide. MORE»

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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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AMP's move to passive creates opportunities for active managers

Friday, November 20th, 10:29AM  1 comment

While AMP going passive is a shock to the New Zealand investment community, it should mean more opportunity for the remaining active equity investors. MORE»

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SHARE confirms Newpark acquisition

Wednesday, November 18th, 2:21PM

SHARE NZ has sealed a takeover of rival business Newpark Group in a deal that will transform the insurance and mortgage advice industries. MORE»

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Record October mortgage lending

Wednesday, November 25th, 4:38PM

Mortgage lending soared to $7.7 billion last month, the highest October figure on record, and further evidence of the red-hot housing market. MORE»

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Swan flies in; Graham lands new gig

Wednesday, November 25th, 11:54AM

Yesterday we reported on who landed the AMP Capital managing director role, today we tell you were the former MD is going. MORE»

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Juno to increase KiwiSaver fees, not pursuing default status.

Thursday, October 29th, 3:15PM

Juno KiwiSaver funds are increasing fees for some clients, not going to pursue default provider status. MORE»

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