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Last Article Uploaded: Thursday, February 25th, 7:02PM

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a2 sends NZX 50 to 4-month low

NZ's main share index dropped to a four-month low as A2 Milk plunged another 15% after lowering its full-year earnings guidance for the third time.

Thursday, February 25th, 7:02PM

The S&P/NZX 50 Index fell 141 points, or 1.2%, to 12,140.66. Within the index, 23 stocks fell, 25 rose and two were unchanged. Turnover was $184 million.

Former-market darling A2 Milk was responsible for the bulk of the index’s decline, with investors trading more than $56m worth of stock. 

“A2 has tipped us into correction territory today, we’re more than 10% off the high ...MORE»

Down to work within a week of forming partnership

Thursday, February 25th, 6:07AM

Tauranga-based PMG Property Funds Management has wasted no time in getting down to work with Australia-based listed 360 Capital, which it formed a 50% equity partnership with last week.

MORE»

Many advisers not ready for D-Day

Wednesday, February 24th, 6:46AM  2 comments

Good Returns speaks to adviser consultancy groups who say that many advisers are still dragging their heels coming up to March 15.

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Jumping lessons: what all investors can learn from GameStop loss

Mint head of sales and marketing, David Boyle, explains why the ongoing GameStop experience holds lessons for new-breed investors and the old-school financial industry on handling the highs and lows of markets. Boyle takes it to the bridge...

Tuesday, February 23rd, 6:24AM

If an online entity called ‘Roaring Kitty’ suggested a bridge-jumping strategy might be just what you need to improve your life, would you follow that advice?

Probably not. However, many thousands of retail share-traders leapt on command in January as Roaring Kitty led them over the virtual guardrail and into the swirling, dangerous waters of the GameStop stock craze.

(At the time of ...MORE»

Scams under-reported by Chinese New Zealanders: FMA

Monday, February 22nd, 6:00AM

The FMA are urging Chinese New Zealanders to beware of investment scams, but an Asian adviser says the regulator needs to do more.

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Work needed in retirement income space

Friday, February 19th, 6:00AM  1 comment

The Mercer CFA Institute Global Pension Index has revealed that in the global rankings of retirement income, New Zealand has room for improvement.

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MMC: full acquisition of IFAA Group

Monday, February 15th, 1:37PM

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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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Down to work within a week of forming partnership

Thursday, February 25th, 6:07AM

Tauranga-based PMG Property Funds Management has wasted no time in getting down to work with Australia-based listed 360 Capital, which it formed a 50% equity partnership with last week. MORE»

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Data versus human

Tuesday, February 16th, 8:00AM

Russell Hutchinson discusses what can be achieved by adding a little or a lot of tech to your processes. MORE»

TMM Online
  

House prices added to Reserve Bank remit

Thursday, February 25th, 9:43AM  3 comments

The Government has instructed the Reserve Bank to take house prices into account when setting monetary policy, marking a significant shift in the central bank's role in the real estate market. MORE»

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[OBITUARY] Marie Quinn: Friend and colleague to many

Monday, February 22nd, 4:00PM  1 comment

CFP John Milner shares his experience as a friend and colleague of "this warrior woman" who held the industry to account.  MORE»

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IRD to fork out $6.6 million for KiwiSaver pay delay

Monday, February 22nd, 9:07AM

After delays due to a move to a new technology platform, the IRD are having to compensate many KiwiSaver accounts to the tune of $6.6 million. MORE»

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