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Last Article Uploaded: Friday, April 19th, 6:45PM


Latest Headlines

NZ sharemarket down 1.13% for the week

An Israeli counter-attack on Iran sent sharemarkets into further turmoil, with New Zealand and its defensive stocks faring the best in terms of falls.

Friday, April 19th, 6:42PM

The S&P/NZX 50 Index reached a lunchtime high of 11,823.12 points but slumped on the news of a strike on a military air base in central Iran. 

The index was again saved by the now familiar rise in the end-of-day matching session and closed at 11,796.21, down 39.83 points or 0.34% – its fourth fall this week.

The index was down 1.13% for the week and is now 0.27% ahead for the year ...MORE»

Consilium integrates ESG profiler

Thursday, April 18th, 1:52PM

Consilium and FNZ, the global wealth management platform, have launched the Consilium Wrap ESG Profiler, to help advisers personalise client portfolios according to their ESG preferences and values.


NZX first-quarter earnings up 23.5%, revenue up 14.8%

Thursday, April 18th, 1:46PM

NZX's first quarter earnings rose 23.5% on a 14.8% jump in revenue, chair John McMahon told the annual shareholders' meeting.


Wither now for Flint Wealth's platform?

There has to be some question over the Flint Wealth management platform's future after Harbour Asset Management and Grace Sterling subsidiary Trustees Executors apparently refused to continue funding it.

Wednesday, April 17th, 3:33AM  1 comment

Both organisations had already written off their investments in Formosa Wealth, Flint's parent company, but the current situation is being described as a change in ownership.

Australia-based Research IP is now Formosa's sole owner, although Harbour has said that its funds will continue to be available to Flint clients and “we look forward to working closely with the Flint team on an ...MORE»

Best and worst KiwiSavers according to Consumer

Tuesday, April 16th, 10:42AM  1 comment

Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey.


Client sought $200,000 saying adviser mislead him about insurance cover

Monday, April 15th, 2:34PM

Financial Services Complaints (FSCL) has quashed a client complaint that an adviser misled them about Directors and Officers insurance, citing the advisers’ robust email trail and full documentation.


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Smartshares trials NZXWT with large client

Sunday, April 14th, 8:38PM

NZXWT is extending its technology expertise and wealth custody and operational services to sister company Smartshares. MORE»

GoodReturns TV

[GRTV] A trip around investment issues with MyFiduciary’s Chris Douglas

Monday, March 18th, 6:26AM

It’s not just changes to the trustee tax tax rate that’s driving PIE growth, MyFiduciary principal Chris Douglas tells Good Returns TV. MORE»

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Still in charge

Friday, April 12th, 6:33AM

Globally, March was a robust month for markets. MORE»

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Acquisition marks significant strategic milestone for Wealthpoint

Wednesday, April 17th, 3:21AM

Wealthpoint buys general insurance business and now focuses on other enhancements to its offering MORE»

TMM Online

Domestic data could signal inflation stall to the Reserve Bank

Thursday, April 18th, 9:55AM

High and persistent domestic inflation will dampen Reserve Bank enthusiasm for OCR, and subsequently, interest rate cuts any time soon. MORE»

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New FMA appointment

Friday, April 19th, 10:30AM

Louise Unger is joining the FMA’s executive leadership team as executive director for response and enforcement. MORE»

KiwiSaver Sponsored by: 

Best and worst KiwiSavers according to Consumer

Tuesday, April 16th, 10:42AM  1 comment

Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. MORE»

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