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Last Article Uploaded: Friday, June 11th, 7:01PM

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Shares rise as markets ignore ‘shocking’ inflation

New Zealand shares and dollar moved higher as investors were unfazed by annual inflation in the United States hitting 5% in a data release overnight.

Friday, June 11th, 7:01PM

The S&P/NZX 50 Index rose 32.38 points, or 0.3%, to 12,550.39. Within the index, 22 stocks fell, 22 rose and six were unchanged. Turnover was $163.8 million.

BNZ interest rate strategist, Jason Wong said the market was “unperturbed by the shockingly high” consumer price index with the S&P 500 moving higher and market interest rates falling.

The domestic rates market followed the ...MORE»

National criticises new conduct bill

Friday, June 11th, 8:08AM  1 comment

The new bill to regulate conduct of financial institutions started its second reading in Parliament yesterday and was immediately criticised by the National Party.

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Financial Advice NZ launches new liability cover offering

Friday, June 11th, 6:28AM  3 comments

Financial Advice NZ has launched its new liability programme giving its almost 1700 members access to a range of insurance products including much sought after PI and runoff cover.

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[GRTV] Getting good returns from fixed interest

My Fiduciary principal Chris Douglas reveals how he is investing in fixed income in this low interest rate environment and gives his views on the great KiwiSaver shakeout.

Wednesday, June 9th, 6:14AM  1 comment

In this episode of GRTV, Philip Macalister talks to My Fiduciary principal Chris Douglas about the great KiwiSaver shakeout and how to invest in a world of low interest rates.

Douglas says the government did a "pretty solid job" regarding the recent changes to default KiwiSaver providers. 

"I think the outcome they got was what they indicated to the market," says Douglas ...MORE»

Looking forward to full licensing - but don't wait too long

Wednesday, June 9th, 6:03AM  14 comments

Don't leave it up to your FAP, if you haven't been linked make sure they know because there are only five working days left before deregistration begins.

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[GRTV] CoFI presents new challenges for advisers: Manning

Sunday, June 6th, 7:38PM

Wealthpoint chief executive Simon Manning says advisers face a new range of challenges from the new conduct rules the government is looking to implement. [READ ON]

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FSC launches competition for school students

Thursday, June 10th, 4:40PM

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[GRTV] CoFI presents new challenges for advisers: Manning

Sunday, June 6th, 7:38PM

Wealthpoint chief executive Simon Manning says advisers face a new range of challenges from the new conduct rules the government is looking to implement. [READ ON] MORE»

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[GRTV] Getting good returns from fixed interest

Wednesday, June 9th, 6:14AM  1 comment

My Fiduciary principal Chris Douglas reveals how he is investing in fixed income in this low interest rate environment and gives his views on the great KiwiSaver shakeout. MORE»

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Suncorp NZ invests in a technology-enabled workforce

Thursday, June 10th, 2:31PM

Asteron Life's parent company Suncorp New Zealand says it's doubling down on developing a technology-enabled workforce after success in adapting to fully remote work during last year’s Covid-19 lockdowns. MORE»

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Financial Advice NZ reveals PI renewal costs

Thursday, June 10th, 8:35AM

Professional indemnity insurance costs are set to rise for those using the Financial Advice New Zealand liability programme over the next 12 months. MORE»

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Experienced exec joins Loan Market Central

Thursday, June 10th, 11:29AM

Loan Market Central says it's lucky to have recruited an experienced adviser to take up the role of business relationship manager. MORE»

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KiwiSaver: Young Kiwis in the wrong fund

Tuesday, May 25th, 4:47PM  1 comment

The FMA are calling on young Kiwis to check they are in the right KiwiSaver fund following the large-scale switching during Covid-19 market fluctuations. MORE»

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