Minister not rushing to respond to Retirement report
Commerce Minister Scott Simpson welcomed the Retirement Commission's review of New Zealand's savings regime, but isn't rushing to respond.
The minister welcomed the and described it as comprehensive and taking a full system wide approach.
Overall there are 12 recommendations with four relating to KiwiSaver.
The minister won't be rushing to respond.
"I am going to take some time to give the recommendations, considered, thought and review myself, so I won't be making any further commitments or otherwise, probably until the ...MORE»
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The Retirement Commissioner Jane Wrightson has issued her wish list to improve the retirement system, calling for cross party agreement, trialling sidecars and more. MORE» |
NZX edges lower as Infratil, profit-taking weighThursday, November 13th, 7:34PM
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Investors eye local recovery
In its latest Investment Outlook Harbour Asset Management discusses reaction to the mega-cap tech stocks recent announcements along with how it is positioning its portfolios at the moment.
Key market movements
Global equities were positive again in October, with the MSCI ACWI up 3.7% in unhedged NZD terms and 2.7% NZD-hedged. Easing trade tensions between the US and China and a solid third quarter earnings season supported gains.
New Zealand equities advanced 1.9%, buoyed by easing monetary conditions and early signs of an economic recovery. Australian shares delivered a smaller ...MORE»
The Great Yield Reset: Why Income Is Back in Focus on the NZXSaturday, November 8th, 8:16AM
After two years dominated by tightening cycles and deposit rates beginning with a “6”, the income conversation is shifting again. MORE» |
Paying advisers for KiwiSaver adviceFriday, November 7th, 7:26AM
Amova (nee Nikko) has rolled out a new remuneration option for advisers offering KiwiSaver advice. MORE» |
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