GenAI How to Guide: Part 1

Embracing GenAI: A roadmap for NZ financial services Companies - Part 1

As a technology capable of producing human-like text and responses, generative AI (GenAI) offers unprecedented opportunities to enhance customer service, personalise financial advice, and automate complex processes.

This innovation is particularly crucial for New Zealand's financial institutions, which face the dual challenges of maintaining compliance with stringent regulations and meeting the ...MORE»

[GRTV] FMA monitoring gives FAPs eight out of 10 Friday, July 26th, 6:58AM Think about proportionality says the FMA in the wake of its financial advice provider monitoring report. MORE»

Stewardship limitations call for a more strategic approach Thursday, July 25th, 6:28AM Ideas are emerging on how investor stewardship could become more strategic beyond the ESG, company engagement and proxy voting playbook. MORE»

Harbour puts out first stewardship report as sustainability round up

Harbour Asset Management has included a stewardship report for the first time as part of its annual sustainability report.

The stewardship section outlines incorporation of ESG, engagement and voting practices for the year 2023. Harbour uses ISS ESG for monitoring and compliance on exclusions. The key reporting mechanism internally is through Harbour’s risk committee made up of managers across the business as well as a board representative.

Committee meetings are quarterly and involve an update from each business ...MORE»

Are financial markets too complacent about geopolitical risks? Tuesday, July 23rd, 8:55AM  1 comment Financial markets appear to be overlooking any potential volatility from global political and other international developments, according to MJW in commentary attached to its latest survey of fund performances. 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»

News Bites

ANZ stays active and replaces one manager

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

GoodReturns TV

[GRTV] Rick Willis shares MDRT secrets

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»

Election Cycles and Investment returns

This year, over 4 billion people are voting to shape their country’s political and economic outlook for the next three to five years. From India to France, Mexico to the UK numerous general elections are taking place. MORE»

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

Four months after stepping into Naomi Ballantyne’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

New guidance for client money and property services brokers

The FMA has published guidance on how client money or property services brokers and custodians can meet their obligations under the Financial Markets Conduct Act (FMC Act). MORE»

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New chapter for Fisher Funds

New chief executive Simon Power has made changes to Fisher Funds' exec team. MORE»

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Are financial markets too complacent about geopolitical risks?

Financial markets appear to be overlooking any potential volatility from global political and other international developments, according to MJW in commentary attached to its latest survey of fund performances. MORE»