News

Michael Midgley new CEO for shareholder activist group

1 March 2017

NBR: Retired lawyer Michael Midgley has been appointed as the newly created role of chief executive of the New Zealand Shareholders’ Association. More>

Big changes for some RFAs

1 March 2017

Goodreturns: Advisers will need a way to prove their competence, regardless of how long they have been in the industry, the chief executive of the PAA says. More>

Top 10 questions asked to Sorted's KiwiSaver 'chatbot'

1 March 2017

Stuff: Questions asked to a newly-launched KiwiSaver "chatbot" reveal continued ignorance about the state-sponsored retirement savings scheme. The most common question asked to the new Sorted chatbot is: "What is KiwiSaver?" More>

8 Incredibly Low-Risk Bond Funds

1 March 2017

Morningstar: Low-risk bond funds are a handy thing. If you are putting away money for a near-term expenditure like tuition in a couple of years or a house in three years, low-risk bond funds, along with money markets and certificates of deposit, can serve a valuable purpose. More>

A mounting case for being sceptical of official economic data

1 March 2017

Interest.co.nz: Rodney Dickens thinks underfunding of Statistics NZ is bringing a higher level of uncertainty to their releases, more revisions, and more difficulty in using them for policy making. More>

Departing Co-op bank chief tipped for Fisher role

1 March 2017

InvestmentNewsNZ: Industry speculation is mounting that Bruce McLachlan, outgoing chief of the Co-operative (Co-op) Bank, will be confirmed as head of Fisher Funds following the expected exit of its eponymous founder next month. More>

Asia Credit - A New Major Global Asset Class

1 March 2017

Nikkoam: Asia’s Credit market has come a long way since the Asian Financial Crisis of 1998. The total market has grown to approximately $693b ($549b is High Grade, $144 High Yield) and its stability is also remarkable; indeed, there has never been a default in the Asia High Grade bond market, says Jian Wei Loh, portfolio manager. More>

Tactical calls have harned LifeDirect

1 March 2017

Goodreturns: “Tactical calls” have harmed LifeDirect but Trade Me is not giving up on the insurance platform, the group’s chief executive says. In reporting its first-half profit this month, the online auction website reported a year-on-year decline in revenue of 11.3% for LifeDirect, caused by a drop in traffic. More>

Winston Peters: NZ Super under threat

27 February 2017

Winston Peters told North Shore Grey Power members that NZ Super is under threat and that affected younger Kiwis as well. More>

IMF shines spotlight on RBNZ

27 February 2017

Interest.co.nz: IMF shines spotlight on RBNZ's heavy emphasis on banks' self discipline and directors' attestation regime, writes Gareth Vaughan. More>