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Last Article Uploaded: Monday, June 27th, 9:50PM


Latest Headlines

NZ sharemarket rebounds with Wall Street rally

New Zealand shares bounced on Monday, following a rebound on Wall Street over the weekend on the expectation that interest rates wouldn’t go as high as some had thought.

Monday, June 27th, 6:20PM

The S&P/NZX 50 Index rose 184 points, or 1.7%, to 10,997.92. Turnover was $113.4 million.

US markets rallied on Friday night – with key indices jumping more than 3% ­– as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

This pivot is counterintuitive, but a recession in the US economy might ultimately mean lower interest ...MORE»

FMA sets its sights on cyber security: a new to-do list for embattled financial services providers

Monday, June 27th, 12:40PM

The financial services sector recorded the highest number of cyberattacks of any industry group in the first quarter of this year, according to a report by CERT NZ, a government-owned cybersecurity business.


New Code Committee members finally revealed

Sunday, June 26th, 5:57PM

Finally, the mystery has been solved.


Could 2022 get better from here, it’s certainly hard to get worse

In this article we have examine the causes of recent volatility and a scenario going forward that could see investor sentiment improve. By Stephen Bennie

Friday, June 24th, 8:25AM

First off, here’s some good news, history shows that the share market always recovers from drawdowns and in due course goes on to make new all-time highs. However, there is no hiding from the fact that so far 2022 has been a torrid time for investors in the majority of asset classes. Bonds and shares have both suffered sharp sell offs. June has seen most developed countries share markets drop ...MORE»

COFI bill plans further crackdown on sales incentives

Thursday, June 23rd, 8:10AM  6 comments

The Financial Markets (Conduct of Institutions) Bill (COFI) will be given extra teeth to crack down on sales incentives, according to the man who is driving it through parliament.


Adviser calls on David Clark to name new appointees to code committee

Wednesday, June 22nd, 5:59AM  2 comments

A senior adviser is urging Commerce and Consumer Affairs Minister David Clark to name the two people he says he has appointed to the Financial Advice Code Committee.


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Flint Wealth gets responsible

Tuesday, April 12th, 11:20AM

Newly minted investment platform Flint Wealth embraces ethical investing. MORE»

GoodReturns TV

[GRTV] It's time to rethink responsible investing

Thursday, May 26th, 11:08AM

Kōura Wealth chief executive Rupert Carlyon says responsible investing is good but it's time to rethink some aspects of how it is done. MORE»

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Could 2022 get better from here, it’s certainly hard to get worse

Friday, June 24th, 8:25AM

In this article we have examine the causes of recent volatility and a scenario going forward that could see investor sentiment improve. By Stephen Bennie MORE»

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Uptick in litigation predicted if Insurance Contracts Bill passes in current form

Thursday, June 16th, 6:00AM

Insurers and their lawyers are urging the government not to scrap the industry’s exemption from the unfair contract terms provisions of the Fair Trading Act 1986, warning of a higher litigation risk, higher premiums and “significant” uncertainty for both insurers and policyholders if the exemption is removed. MORE»

TMM Online

New player enters mortgage group space

Thursday, June 23rd, 5:04PM

Mortgage advisers have a new dealer group option to consider. MORE»

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OBITUARY: Controversial adviser dies at 80

Monday, June 27th, 9:45PM

A man who went from pioneering financial planner to jailed former company director has died in Auckland. MORE»

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Financial Services Council defends KiwiSaver after criticism

Monday, June 20th, 12:04PM  1 comment

The finance industry says it is improving the KiwiSaver system but it is a work in progress. MORE»

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