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Last Article Uploaded: Saturday, May 25th, 1:32PM

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No shift on KiwiSaver balance gender gap

New KiwiSaver analysis for 2023 shows the 25% gap between men and women’s balances did not improve over the year.

Friday, May 24th, 6:02AM

The average KiwiSaver balance at Dec 31 2023 was $31,823, an increase of 16.2% ($4,444) from the previous year, shows research by Melville Jessup Weaver (MJW) for Te Ara Ahunga Ora Retirement. The increase reflects the strong recovery the financial markets experienced over 2023.

The average balance for men grew 16.2% (by $5,109) and 16.6% (by $14,147) for women. However, the gap between the average ...MORE»

Govt looks to shake up disputes resolution schemes

Friday, May 24th, 6:00AM

The government is looking at a potential overhaul of the financial services disputes resolution schemes, including imposing greater uniformity of standards, increasing oversight and increasing promotion of the schemes to raise consumer awareness.

MORE»

RBNZ pushes out first OCR cut into 2H 2025

Wednesday, May 22nd, 2:49PM

The Reserve Bank has pushed out its likely first cut in its official cash rate (OCR) into the second half of 2025 and possibly not until the final quarter.

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Shorter settlement times coming for US and Canadian trading

Next week’s shift by US and Canadian markets to a shorter settlement cycle will make it easier for fund managers to manage liquidity, says Public Trust GM of corporate trustee services David Callanan.

Wednesday, May 22nd, 6:43AM

US markets will shift the settlement cycle for trades of securities from T+2 (trade plus two days) to T+1 days on May 28th. Canada will follow suit the next day to align with its neighbour. Time frames for affirmation and matching of US securities trades will also change to 9pm EST on trade date.

A trade involves four steps; initiation of the trade, confirmation or affirmation between the two parties, ...MORE»

National Capital: Women should back themselves on investment

Tuesday, May 21st, 6:31AM  1 comment

Women can narrow the $61 billion KiwiSaver retirement gap through playing to their investment strengths, says financial advice firm National Capital.

MORE»

AIA Wellbeing Study: Vulnerable conversations ease adviser stress

Monday, May 20th, 6:39AM

Anna Schubert, AIA NZ Head of IFA and Group Distribution, has heard some harrowing stories from financial advisers.

MORE»

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Generate gets on board with Spirit of Adventure

Thursday, May 2nd, 9:49AM

Generate partners with the Spirit of Adventure Trust to help empower more Kiwis get ahead. MORE»

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[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»

  

Air New Zealand – brightness on the horizon?

Monday, May 13th, 10:30AM

It is no secret that the airline industry has faced a turbulent time in recent years, with participants halted for long periods during the pandemic, and making large losses. MORE»

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AIA Wellbeing Study: Vulnerable conversations ease adviser stress

Monday, May 20th, 6:39AM

Anna Schubert, AIA NZ Head of IFA and Group Distribution, has heard some harrowing stories from financial advisers. MORE»

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Good and bad news for home owners from RBNZ

Thursday, May 23rd, 6:39AM

The Reserve Bank's latest monetary policy statement had good news and bad news for residential property owners. MORE»

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Kathie Tutty promoted to chief underwriter at Asteron Life

Friday, May 24th, 6:30AM

Asteron Life has appointed Kathie Tutty as chief underwriter effective from May 31. MORE»

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No shift on KiwiSaver balance gender gap

Friday, May 24th, 6:02AM

New KiwiSaver analysis for 2023 shows the 25% gap between men and women’s balances did not improve over the year. MORE»

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