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News Bites

NZX's Apertyx yet to take full flight

Thursday, August 24th, 7:11AM

NZX’s plans to get its foundation clients onto its Wealth Technologies platform (formerly called Apertyx) has been pushed back to early next year... MORE »

Remarkable adds and subtracts managers

Wednesday, August 23rd, 7:53AM

Remarkable Capital has taken on two new managers, and as a result is no longer representing King Tide (which is now wholesale only) and The Boat Fund... MORE »

Barramundi skinned in market

Monday, August 21st, 7:26PM

The Fisher Funds managed listed Australian equities trust, Barramundi (NZX: BRM) has seen its annual profit fall 50% to $2... MORE »

Politicians due to speak at conference

Friday, August 18th, 12:55PM

Three politicians will speak at this year's Financial Services Council and Workplace Savings NZ conference next month... MORE »

Good start with KiwiSaver, but growth yet to come

Friday, August 18th, 10:36AM

KiwiSaver has made a great start but the growth is still to come, AMP New Zealand general manager Blair Vernon says... MORE »

Super Fund: Carbon risk under-priced

Tuesday, August 15th, 11:50AM  1 comment

The selloff includes New Zealand companies Genesis Energy and NZ Oil and Gas... MORE »

Magellan plans list global trust

Thursday, August 10th, 9:23AM

Magellan is planning an IPO for a new ASX-listed investment trust, the Magellan Global Trust... MORE »

Mint gets A+ rating

Wednesday, August 2nd, 1:19PM

Mint Asset Management has been given an A+ rating from UNPRI for responsible investment governance and strategy... MORE »

BAA adds identity verification feature

Monday, July 24th, 8:09PM

The Boutique Advisers Alliance has added an automated identity verification feature to its custodial platform to help advisers handle their AML requirements... MORE »

Warminger appeal date set

Monday, July 10th, 8:47PM

A date has been set for Mark Warminger and the FMA to return to court... MORE »

FSC launches new awards

Monday, June 19th, 1:10PM

The Financial Services Council has created four new awards to celebrating success in the financial services industry... MORE »

FMA outlines fee methodology

Thursday, June 8th, 7:50PM

The FMA says KiwiSaver providers should be disclosing fees using the investor’s balance at the date the units of the fund are valued, or the cents per unit (CPU) method... MORE »

New Zealand not affected by AIA launch

Wednesday, June 7th, 9:26PM

On the other side of the Tasman, AIA head of distribution for health Craig Parker named licensees taking part in a three-month launch of a new brand, myOwn, from next month... MORE »

Aon rolls out SuiteBox across adviser network

Wednesday, June 7th, 10:09AM

Aon in Australia plans to roll out its digital workspace technology SuiteBox to its adviser network, to streamline their advice process and provide improved client experience... MORE »

Campaign to get more AEDs

Tuesday, June 6th, 10:04AM

With sudden cardiac arrest being the leading cause of death in New Zealand adults, Cigna and GrownUps have today joined Heart Saver’s Become a Heart Saver campaign to help address the issue... MORE »

Impact Investing for good

Thursday, May 18th, 3:58PM

A new initiative, the Impact Investment Forum, has been launched to support development of the growing impact investment market in Australia and New Zealand... MORE »

FSC and WSNZ launch joint conference

Thursday, May 4th, 7:22PM

This year's Financial Services Council and Workplace Savings NZ conference will be held in September in Auckland... MORE »

PIE Funds reopens another fund

Wednesday, May 3rd, 3:18PM

PIE Funds has decided to re-open its European fund... MORE »

Super Fund gets top rating

Monday, May 1st, 6:51PM

The report covers 500 of the world’s biggest asset owners and rates them in terms of their strategies in responding to risks from climate change... MORE »

Bascand takes financial stability

Wednesday, April 26th, 9:47PM

Governor Graeme Wheeler's term expires in September, three days before the election... MORE »

Super Fund writes off turbine investment

Friday, April 21st, 1:43PM

The NZ Super Fund has written off the value of its investment in Ogin, a US wind turbine company... MORE »

NZX joins United Nations Sustainable Stock Exchange

Tuesday, April 18th, 12:12PM

NZX has joined the United Nations Sustainable Stock Exchange (SSE) initiative as a partner exchange... MORE »

Hunter Hall Global Value fund trading again

Monday, April 10th, 9:17PM

The Hunter Hall Global Value fund is trading again on the ASX after appointing an interim director... MORE »

Spotlight on emerging tech and financial markets

Thursday, April 6th, 10:36AM

Technology has been changing borrowing and how people think about money, especially when it comes to complex and risky products within changing market conditions... MORE »

NZ Funds drops Wellington investment

Monday, March 27th, 8:17PM

NZ Funds is backing away from its investments with Wellington Management... MORE »

Want to develop the new code?

Friday, March 24th, 2:18PM

Expressions of interest are sought for positions on the new code working group... MORE »

AMP offers zero fees

Friday, March 24th, 2:10PM  3 comments

AMP is offering KiwiSaver members the chance to pay nothing in member and admin fees for a year when they switch to its scheme... MORE »

AIA appoints Golden Boots as global ambassador

Friday, March 24th, 12:50PM

English football star David Beckham will become global ambassador for AIA in a new multi-year agreement, it has been announced... MORE »

PIE Funds reopens soft-closed fund

Friday, March 24th, 7:54AM

PIE Funds has decided to "take advantage of the opportunity" it is seeing in the market and is re-opening its Dividend Fund... MORE »

Law change won't redraw boundaries

Thursday, March 23rd, 10:05PM

Insurance product recommendations currently offered outside the scope of the Financial Advisers Act will continue to fall outside the regulatory net once the law is rewritten... MORE »

Hunter Hall to tell shareholders to back merger

Monday, March 13th, 9:20PM

Hunter Hall says its board will recommend shareholders vote in favour of a merger with Pengana, subject to no better offer emerging... MORE »

FSC welcomes super move

Wednesday, March 8th, 9:26PM

The Financial Services Council has described NZ Super eligibility changes proposed this week as "good policy"... MORE »

US rate rise likely this month

Monday, March 6th, 8:06AM

US Federal Reserve chairman Janet Yellen gave a hat tip to a March rate hike in her most recent speech... MORE »

Renfrew's firm joins Consilium platform

Thursday, March 2nd, 7:06PM

Consilium has added another $85 million to its platform... MORE »

Asteron rating affirmed

Monday, February 27th, 8:52PM

Insurer Asteron Life has had its credit rating affirmed at A+ by Standard & Poors... MORE »

MJW makes statements available

Friday, February 17th, 2:54PM

Actuarial firm MJW has compiled a library of financial statements for all New Zealand insurers... MORE »

IFA/PAA conference registrations open

Thursday, February 16th, 1:01PM

It is to be held on August 3 and 4 at SkyCity Convention Centre in Auckland... MORE »

Synergy takes pension transfers

Thursday, February 16th, 12:56PM

i-Select is headed by Chris Heffernan and has been operating since 2012... MORE »

ASB happy with Aegis

Wednesday, February 15th, 5:25PM

Aegis is facing increased competition from the NZX-owned NZX Wealth Technologies platform, which recently signed on Craigs Investment Partners and Hobson Wealth (formerly Macquarie)... MORE »

Ponzi scheme alleged

Wednesday, February 8th, 11:09AM

A not guilty plea has been entered in relation to an alleged $6 million Ponzi scheme... MORE »

Latest Comments
  • Industry demands details
    “Nominated representatives I also don't see why the sector is puzzled about the role of nominated representatives. All licensed...”
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  • Industry demands details
    “I don't understand what the issue raised above about complaints and EDRS is. Under FSLAA, the licensee is the entity (FAP)....”
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  • Former Navy captain to steer Newpark into the future
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  • Former Navy captain to steer Newpark into the future
    “Congratulations Newpark on an awesome strategy! By appointing a "skipper" (pun intended) with Deans credentials, you are...”
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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.79 5.05 ▼5.25 5.59
ANZ Special - 4.55 ▼4.75 -
ASB Bank 5.80 4.85 5.19 5.49
ASB Bank Special - 4.45 4.79 5.09
BankDirect 5.80 4.85 5.19 5.49
BankDirect Special - 4.45 4.79 5.09
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.59 4.79 5.09
BNZ - Std, FlyBuys 5.90 4.99 5.29 5.59
BNZ - TotalMoney 5.90 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.45 5.50 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 5.00 5.20 -
Housing NZ Corp 5.79 4.85 5.24 5.49
HSBC Premier 5.79 4.09 4.29 4.89
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.95 5.29 5.59
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.45 4.79 5.09
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
Lender Flt 1yr 2yr 3yr
RESIMAC Special 5.00 - 4.75 -
SBS Bank 5.89 4.99 5.29 5.59
SBS Bank Special - 4.59 4.85 5.25
Sovereign 5.90 4.85 5.19 5.49
Sovereign Special - 4.45 4.79 5.09
The Co-operative Bank - Owner Occ 5.75 4.59 ▼4.79 5.09
The Co-operative Bank - Standard 5.75 5.09 ▼5.29 5.59
TSB Bank 5.80 4.80 5.15 5.45
TSB Special - 4.55 4.79 4.99
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.99 ▼5.19 5.59
Lender Flt 1yr 2yr 3yr
Westpac - Capped rates - 5.26 5.36 -
Westpac - Offset 5.95 - - -
Westpac Special - 4.59 ▼4.79 5.09
Median 5.80 4.85 5.15 5.38

Last updated: 21 August 2017 10:06am

News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

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