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Last Article Uploaded: Thursday, December 2nd, 6:32PM

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Omicron in the US hits market

New Zealand's sharemarket fell in sync with Wall Street which took a last-minute dive in the early hours of Thursday morning after the first case of omicron was found in the US.

Thursday, December 2nd, 6:31PM

The S&P/NZX 50 Index fell 54 points, or 0.4%, to 12,670.24. Turnover was $157 million.

BNZ strategist Jason Wong said markets remain nervous about the variant and are in an “information vacuum until more data” on its transmissibility, deadliness, and vaccine resistance becomes available.

In the meantime, US investors chose to take some risk off the table and the main indices all turned ...MORE»

Accelerating our climate actions together

Thursday, December 2nd, 9:34AM  1 comment

Reserve Bank Assistant Governor Simone Robbers explains why the central bank is involved in climate change.

MORE»

Forsyth Barr launches funds management business

Thursday, December 2nd, 6:00AM

Forsyth Barr has launched a specialist funds management operation, Octagon Asset Management, which will take over managing its KiwiSaver scheme.

MORE»

Default-Day for KiwiSaver

From today, about 233,000 KiwiSaver default fund members will be transferred to new providers after the Government made sweeping changes to the scheme on the morning of Friday, May 14.

Wednesday, December 1st, 6:57AM

Good Returns has put together a comprehensive guide to the new default funds (click here) and spoke to industry commentator and head of sales and marketing at Mint Asset Management David Boyle about the challenges the new providers will face and what he'd like to see happen after the dust settles.

With a focus on lower fees and more balanced funds, the Government dropped the number of default ...MORE»

Omicron - one step forward, two steps back for economic recovery

Tuesday, November 30th, 6:26AM

Financial markets became volatile on Friday as news of the Covid-19 variant Omicron's emergence broke with shares, commodities and other assets falling sharply and investors flocking to the safety of government bonds.

MORE»

[The Wrap] Death and disease - and the jab

Saturday, November 27th, 11:17AM

Two seemingly unrelated stories form the base for this week's Wrap.

MORE»

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RBNZ outlines options for cash system reform

Wednesday, December 1st, 11:50AM

The Reserve Bank of New Zealand is seeking feedback on issues facing the cash system and options to keep Aotearoa’s cash system fit for purpose. MORE»

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[GRTV] Rob Everett on value for money, the great KiwiSaver land grab and fees

Sunday, November 7th, 11:17AM

What's value for money with KiwiSaver? Former Financial Markets Authority chief executive Rob Everett provides answers in this Good Returns TV interview.  [Including Podcast] MORE»

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Accelerating our climate actions together

Thursday, December 2nd, 9:34AM  1 comment

Reserve Bank Assistant Governor Simone Robbers explains why the central bank is involved in climate change. MORE»

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Cigna to rebrand as Chubb

Thursday, December 2nd, 12:07PM

It's been a big year of change at Cigna New Zealand and 2022 will be even bigger with an upcoming rebrand, the launch of a new advertising campaign, and changes to its income and mortgage protection covers. MORE»

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RBNZ reviews banks' risks

Wednesday, December 1st, 6:00AM

The risks that banks face which are outside their normal trading activities are being reviewed by the central bank. MORE»

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Salt adds senior analyst

Thursday, December 2nd, 6:00AM

Salt Funds Management has added a former Fisher Funds staffer to its ranks. MORE»

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Simplicity drops membership fees for all products

Wednesday, December 1st, 4:32PM

Simplicity has dropped its membership fees from all of its products effective immediately. MORE»

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