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Last Article Uploaded: Saturday, August 20th, 9:19AM

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F&P Healthcare drags market down with lower half-year profit expected

New Zealand’s market fell in tandem with Fisher & Paykel Healthcare shares after the healthcare products manufacturer said it expects its first-half revenue to drop by 26% and net profit to more than halve as covid-related sales continue to fade.

Friday, August 19th, 5:55PM

The S&P/NZX 50 index fell 129.5 points, or 1.1%, to 11,684.81. Turnover on the main board was $110.1 million.

Fisher & Paykel Healthcare now expects operating revenue to be $670m in the six months ending Sept 30, versus $900m in the same period a year earlier.

The company’s shares fell 9.6% to $19.11 after the company’s announcement this morning, but made up some lost ground through ...MORE»

[The Wrap] One good deal; One dud deal

Friday, August 19th, 4:50PM

In the space of a couple of days two big deals were done in financial services; one was good the other not so good. 

MORE»

Crypto warning issued

Friday, August 19th, 9:02AM

Trustees Executors CEO urges investors to be wary of ‘pump-and dump’ crypto schemes promoted by celebrities as prices fall

MORE»

Competition in professional development grows

Kaplan Professional Australia and Massey University have launched what they call a "state-of-the-art" continuing education platform for financial advisers.

Thursday, August 18th, 8:20AM

Ontrack is designed to be a one-stop-shop to help financial advisers, nominated representatives and financial advice providers (FAPs) to meet the new continuing professional development standard under the Code of Professional Conduct for Financial Advice Services.

The platform provides a, customisable and cost-effective solution, offering advisers and FAPs the platform, content, reporting and support ...MORE»

OCR up again: Ongoing monetary tightening

Wednesday, August 17th, 2:01PM

The Reserve Bank explains why it has increased the official cash rate 50 basis points.

MORE»

Privacy is the issue no one is talking about

Wednesday, August 17th, 12:40PM

I'll get this out upfront; this is an issue that's not an issue until it is an issue, which will be the current view of many.

MORE»

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Competition in professional development grows

Thursday, August 18th, 8:20AM

Kaplan Professional Australia and Massey University have launched what they call a "state-of-the-art" continuing education platform for financial advisers. 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»

Investments
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Inflation really weighs on returns

Friday, August 5th, 4:05PM

Given the barrage of headlines citing decades of high inflation, investors are asking how best to invest in an inflationary environment? In order to assess the current environment, it’s worth distinguishing nominal versus real rates using some examples close to home for everyone. Before you yawn and click off, here are a couple of interesting stats. MORE»

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Report helps advisers grow their businesses

Friday, August 19th, 6:00AM

New research from Asteron Life shows the benefit of advisers working with mortgage brokers and taking a collaborative approach with clients. MORE»

TMM Online
  

Kiwibank to double number of advisers

Friday, August 19th, 10:51AM

Kiwibank is accelerating its push into the mortgage adviser market, aiming to double the number of firms it deals with in the next year. MORE»

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Changes at Pie Funds following departures

Thursday, August 11th, 8:39AM

Pie Funds is rebuilding its investment team after recent departures. MORE»

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$6.3 billion wiped off KiwiSaver

Friday, August 12th, 8:25AM  3 comments

Morningstar reveals another bad quarter for KiwiSaver funds. MORE»

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