Refreshed liquidity guidance a step forward
Updated guidance from the Financial Markets Authority on how fund managers and supervisors can effectively manage liquidity has been welcomed by the boutique investment group (BIG).
Simon Haines, chair of BIG which represents most of the non-bank fund managers, says the new guidance which updates the 2020 version reflects a step forward in what will undoubtedly be an ongoing conversation between the FMA and industry as to the best way to consider liquidity.
“What was good about the guidance was the combination of the FMA providing a clear list of tangible matters ...MORE»
Mindful Money Announces 2024 Conference and Awards: Mainstreaming Impact and Celebrating Excellence in Ethical and Impact InvestingWednesday, April 24th, 10:33AM
Mindful Money, the leading public voice in ethical investing in New Zealand, is thrilled to announce its groundbreaking 2024 Conference and Awards. MORE» |
Updated expectations on liquidity risk managementTuesday, April 23rd, 2:21PM
The Financial Markets Authority has updated guidance for fund managers and supervisors on effective liquidity risk management (LRM) including KiwiSaver redemptions. MORE» |
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Veteran financial adviser offers new coaching service for financial advisers
There’s a saying that old dogs never die - they simply fade away. Long-time financial adviser David Pine from Wellington has finally put away his insurance tools but doesn’t intend to fade away just yet. MORE »
Kip Hanna – NZHL Group a Year on
A year ago, NZHL finalised the investment in LFG, forming the NZHL Group. The aim was to provide advisers and clients with the best possible options and leverage the collective strength of the group - regardless of whether the adviser is using a full support model or a non-branded adviser-led model. MORE »
Major banks pass RBNZ climate stress test scenario but with profits slashed
Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the Reserve Bank’s 2023 climate stress test has found.
Each year stress tests are run to assess banks’ resilience, says director of financial stability assessment & strategy Kerry Watt. Last year’s key stress-test for New Zealand’s five largest banks featured a scenario called ‘Too Little Too Late' that stressed their ability to withstand severe but plausible long-term climate-related challenges.
Watt says the test was ...MORE»
Digital Docs more stuff...Monday, April 22nd, 8:50AM
Following my lengthy epistles on digital documents and management systems, I've been investigating this from the legal perspective. MORE» |
Consilium integrates ESG profilerThursday, 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. MORE» |
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News Bites
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Would-be scammer convicted after running one of biggest pyramid schemes in NZ
A pyramid scheme promoter who says she was going to “make history as one of the biggest scammers in New Zealand” has been convicted on five charges laid by the Commerce Commission under the Fair Trading Act. MORE»
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GoodReturns TV
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[GRTV] A trip around investment issues with MyFiduciary’s Chris Douglas
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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Investments
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Still in charge
Globally, March was a robust month for markets. MORE»
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Acquisition marks significant strategic milestone for Wealthpoint
Wealthpoint buys general insurance business and now focuses on other enhancements to its offering MORE»
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TMM Online
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CCCFA changes not a complete panacea
Unwinding the impact of all the 2021 CCCFA changes probably won’t happen, says David Cunningham, Squirrel Mortgage chief executive. MORE»
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Chch-based Lifetime hits the green with new appointment
The former head of IRESS in New Zealand has joined advice group Lifetime as its chief executive. MORE»
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Best and worst KiwiSavers according to Consumer
Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. MORE»
