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Last Article Uploaded: Friday, July 19th, 7:20PM

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NZ sharemarket flat ahead of weekend

The New Zealand sharemarket was rescued late in the day and finished flat after a sterling two weeks of welcome gains. There was a revival in retail stocks.

Friday, July 19th, 6:48PM

After a correction on Wall Street, the S&P/NZX 50 Index had an early-morning fall. However, there was a sharp rise in the end-of-day broker matching session, and the index closed at 12,261.23, down 3.84 points or 0.03%, after reaching an intraday low of 12,224.36.

The index was up nearly 1.5% for the week and has now gained more than 4.5% for the year.

There were 72 gainers and 68 decliners over ...MORE»

Passive approach pays off for Simplicity's KiwiSaver investors

Friday, July 19th, 2:49PM

Taking a passive approach to investment paid off for those in Simplicity's growth and blanced KiwiSaver funds in the June quarter and for those in its newer default fund created after it was chosen two years ago to be one of the six default managers.

MORE»

Salt goes lighter on NZ equities in both growth and income funds

Thursday, July 18th, 6:00AM

The Salt Sustainable Growth Fund is currently underweight New Zealand equities and the Sustainable Income Fund has reduced its exposure to NZ shares as the local market continues to underperform the major global equity markets.

MORE»

Flint Wealth investment platform forced to close

The Flint Wealth management platform has been forced to close following the sale of Trustees Executors to Apex Group and the withdrawl of the custodial and registry services it had provided to Flint.

Wednesday, July 17th, 10:37AM  1 comment

In a letter to investors, Flint said that Trustees Executors has advised it that it won't be able to provide those registry, custodial and other services beyond Aug 31.

“Flint Wealth has contacted several providers of similar custody and registry services. Unfortunately, all have advised that the critical services cannot be implemented within the required timeframe,” the letter says ...MORE»

Perpetual changes bathwater at Castle Point

Wednesday, July 17th, 6:32AM

Perpetual Guardian Investments has made a few changes to the Castle Point funds including selling its holdings in Synlait Milk and Move Logistics.

MORE»

KiwiSaver highly competitive with much larger Aussie and British peers

Tuesday, July 16th, 8:00AM

KiwiSaver fees are “highly competitive” with the fees charged by much larger Australian and British peers, according to analysis by Deloitte Consulting Australia commissioned by Generate KiwiSaver.

MORE»

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ANZ stays active and replaces one manager

Monday, July 15th, 2:41PM

ANZ Investments is replacing MFS Institutional Advisors (MFS) with BlackRock Investment Management (Australia). MORE»

GoodReturns TV
  

[GRTV] Rick Willis shares MDRT secrets

Thursday, July 11th, 8:29AM

MDRT country chair Rick Willis led one of the biggest contingents of New Zealand advisers to the association's annual meeting in Vancouver last month. He talks to GRTV about the trip and how MDRT changed his life. MORE»

  

Meeting half-way

Wednesday, July 10th, 6:53AM

June saw a continuation of this year’s themes, with US equity markets continuing their 20-month bull run, led by the technology sector, and AI-related names in particular. MORE»

Insurance Centre Sponsored by: 

[GRTV] From infantry to insurance, protection is a common thread

Friday, July 19th, 3:12PM

Four months after stepping into Naomi Ballentyne’s shoes, new Partners Life CEO Michael Weston, says he’d be naive to say the idea of taking the company forward wasn’t a bit daunting. MORE»

TMM Online
  

Financial Services Federation targets mortgage advisers as affiliate members

Friday, July 19th, 9:07AM

The Financial Services Federation, which mostly represents non-bank financiers, has started signing up mortgage advisers as affiliate members. MORE»

People and Events Sponsored by: 

The Adviser Platform turns on the tap and adds two new staff

Tuesday, July 16th, 7:01PM

The Adviser Platform (TAP) has added two new team members following a period of growth. MORE»

KiwiSaver Sponsored by: 

Passive approach pays off for Simplicity's KiwiSaver investors

Friday, July 19th, 2:49PM

Taking a passive approach to investment paid off for those in Simplicity's growth and blanced KiwiSaver funds in the June quarter and for those in its newer default fund created after it was chosen two years ago to be one of the six default managers. MORE»

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